On March 3, 2023, the Board of Directors of Investors Title Company appointed James E. Scott as a member of the Board to fill the vacancy created by the passing of former Board member James R. Morton on July 18, 2022. Mr. Scott will serve in the class of directors whose terms expire at the 2024 Annual Meeting of Shareholders, provided that he will stand for re-election at the 2023 Annual Meeting of Shareholders to complete the remaining portion of his term following the meeting. Mr. Scott has been appointed to the Audit Committee of the Board.

Mr. Scott retired in June 2021 as a tax partner of Ernst & Young LLP, a public accounting firm, after thirty-seven years of service. During his career, Mr. Scott advised large public and private companies with respect to tax planning and reporting, leading global service and delivery teams. Since retirement, Mr. Scott has provided consulting services to corporate clients and is currently a consultant for Ernst & Young.