                                 CODE OF VIRGINIA

INSPECTORS OF ELECTION (§ 13.1-664.1)

A. A public corporation shall, and any other corporation may, appoint one or
more inspectors to act at a shareholders&#8217; meeting in connection with
determining voting results. Each inspector shall verify in writing that the
inspector will faithfully execute the duties of inspector with strict
impartiality and according to the best of the inspector&#8217;s ability. An
inspector may be an officer or employee of the corporation. An inspector may
appoint or retain other persons to assist the inspector in the performance of
the inspector&#8217;s duties under subsection B, and may rely on information
provided by such persons and other persons, including those appointed to count
votes, unless the inspectors believe reliance is unwarranted.

B. The inspectors shall:

   1. Ascertain the number of shares outstanding and the voting power of each;

   2. Determine the shares represented at a meeting;

   3. Determine the validity of proxy appointments and ballots;

   4. Count all votes; and

   5. Make a written report of the results.

C. No ballots, proxies, or votes, nor any revocations thereof or changes
thereto, may be accepted after the closing of the polls unless the circuit court
of the city or county where the corporation&#8217;s principal office is located
or, if none in the Commonwealth, where its registered office is located, upon
application by a shareholder, shall determine otherwise.

D. In performing their duties, the inspectors may examine (i) the proxy
appointment forms or electronic transmissions and any other information provided
in accordance with subsection B of &#xA7; 13.1-663, (ii) any envelope or related
writing submitted with those appointment forms, (iii) any ballots, (iv) any
evidence or other information specified in &#xA7; 13.1-665, and (v) the relevant
books and records of the corporation relating to its shareholders and their
entitlement to vote, including any securities position list provided by a
depository clearing agency.

E. The inspectors also may consider other information that they believe is
relevant and reliable for the purpose of performing any of the duties assigned
to them pursuant to subsection B, including for the purpose of evaluating
inconsistent, incomplete, or erroneous information and reconciling information
submitted by or on behalf of banks, brokers, their nominees, or similar persons
that indicates more votes being cast than a proxy authorized by the record
shareholder is entitled to cast. If the inspectors consider other information
allowed by this subsection, they shall in their report under subsection B
specify the information considered by them, including the purpose or purposes
for which the information was considered, the person or persons from whom they
obtained the information, when the information was obtained, the means by which
the information was obtained, and the basis for the inspectors&#8217; belief
that such information is relevant and reliable.

F. Determinations of law by the inspectors are subject to de novo review by a
court in a proceeding under &#xA7; 13.1-669.1 or other judicial proceeding.

HISTORY: 1991, c. 405; 2002, c. 285; 2005, c. 765; 2010, c. 782; 2015, c. 611;
2019, c. 734.