Transfer Of Ownership Package

Transfer of Ownership Package Everything you need to transfer stock ownership NEW STREAMLINED PROCEDURE FOR TRANSFERS OF $10,000 OR LESS: Medallion Signature Guarantee Waiver • Transfers of shares with aggregate value of $10,000 or less are eligible for waiver from the requirement for a Medallion Signature Guarantee. To request such waiver, please submit your transfer paperwork, processing fee of $50 in the form a check payable to American Stock Transfer & Trust Company, LLC, AND copy of a valid government issued photo identification with a signature, such as a driver’s license or a passport. INFORMATION ON ALL REQUIRED DOCUMENTS • Required documents for all types of transfers.

WHAT’S INSIDE

• Additional documents for specific transfer types. Locate your type of ownership in the tables for any additional documentation that may be required.

Transfer Requirements

• Submit your transfer request to AST at:

FAQs

AST Attention: Transfer Department 6201 15th Avenue Brooklyn, NY 11219 As with any transfer, you may seek advice from legal counsel of your choice.

Checklist

Transfer Requirements 1. Completed Transfer of Ownership with W-9 Form (enclosed) or a letter of instruction.

Required Documentation for All Transfers of Ownership

2. The original stock certificate(s), unless holdings are in book entry and no physical certificate(s) is/are held. >If you are unable to locate your original stock certificate(s) due to theft or loss, please log into your account at www.astfinancial.com to report the loss. 3. FOR TRANSFER OF $10,000 OR LESS: The Medallion Signature Guarantee requirement may be waived. To request such waiver, please submit your transfer paperwork, processing fee of $50 in the form a check payable to American Stock Transfer & Trust Company, LLC, AND copy of a valid government issued photo identification with a signature, such as a driver’s license or a passport. FOR TRANSFERS OVER $10,000: A Medallion Signature Guarantee is required. Obtain a Medallion Signature Guarantee from an eligible financial institution that guarantees your legal capacity to sign the Transfer of Ownership, along with your W-9 Form or letter of instruction. For more information on Medallion Signature Guarantee and Medallion Signature Guarantee Waiver, please see the FAQs.

Type of Transfer

Additional Required Documents

INDIVIDUAL Transfer to another individual

• No additional documents; only submit the documents mentioned above

Transfer due to name change • Name change requests due to marriage or divorce must be accompanied by a certified true copy of the marriage certificate or a divorce decree One owner and the owner is deceased

• Certificate of Appointment (or Small Estate Statutes of the state in which the shareholder was domiciled) > Refer to the state in which the registered owner was domiciled because you may need a certified copy with a raised seal that must be dated within 60 days of the requested date of transfer (in New York, six months) > In lieu of a Certificate of Appointment, and if the value of the shares being transferred falls within the Small Estate Statutes of the state in which the registered owner was domiciled, you may follow those guidelines > Foreign Domicile Items (including Canada) require a Federal Transfer Certificate • Completed and notarized Affidavit of Domicile • Photocopy of official death certificate • An Inheritance Tax Waiver is required by certain states. See question 17 in the FAQs section to determine if an Inheritance Tax Waiver is required

TENANCY ACCOUNTS Two owners and one or more • Completed and notarized Affidavit of Domicile owner(s) is/are deceased • Photocopy of official death certificate(s) with rights of survivorship • An Inheritance Tax Waiver is required by certain states. See question 17 in the FAQs (Joint Tenants) section to determine if an Inheritance Tax Waiver is required • A Medallion Signature Guarantee (or a waiver, if applicable) is required only if adding additional owners and/or beneficiaries; see FAQs for details on Medallion Signature Guarantee and Medallion Signature Waiver

Transfer Requirements Type of Transfer

Additional Required Documents

Two or more owners and one or • Certificate of Appointment (or Small Estate Statutes of the state in which the more owner(s) is/are deceased shareholder was domiciled) (Tenants in Common) > Refer to the state in which the registered owner was domiciled because you may need a certified copy with a raised seal that must be dated within 60 days of the requested date of transfer (in New York, six months) > In lieu of a Certificate of Appointment, and if the value of the shares being transfered falls within the Small Estate Statues of the state in which the registered owner was domiciled, you may follow those guidelines > Foreign domicile items (including Canada) require a Federal Transfer Certificate • Completed and notarized Affidavit of Domicile • Photocopy of official death certificate(s) • An Inheritance Tax Waiver is required by certain states. See question 17 in the FAQs section to determine if an Inheritance Tax Waiver is required TRANSFER ON DEATH (TOD) Owner or beneficiary deceased

• Owner deceased > Completed and notarized Affidavit of Domicile > Photocopy of official death certificate > An Inheritance Tax Waiver is required by certain states. See question 17 in the FAQs section to determine if an Inheritance Tax Waiver is required • Beneficiary deceased >Only one beneficiary can be designated per registration

CUSTODIAN ACCOUNT Transfer from former minor

• Minor reaching age of majority > Photocopy of official birth certificate, state issued driver’s license, or government issued ID > A Medallion Signature Guarantee (or a waiver, if applicable) can be utilized in lieu of the above identification; see FAQs for details on Medallion Signature Guarantee and Medallion Signature Guarantee Waiver

Change of Custodian

• Court order appointing a successor custodian or guardian

TRUST Transfer to trust

• Copies of the relevant pages of the trust agreement, which includes the trust title, trust date and trustees

Transfer from trust

• In the event one or more trustees is/are deceased, certified death certificate(s) is/are required • If a successor trustee is not appointed, a certified court order naming the successor trustee is required

Transfer Requirements Type of Transfer

Additional Required Documents

OTHER Transfer from corporation partnership, charity, proprietorship, etc.

• Certified copy of corporate resolution, partnership agreement, or attestation affidavit of sole proprietorship • Signature of authorized person(s) in their legal capacity

Transfer from foreign owner who is deceased

• A Medallion Signature Guarantee (a limited Power of Attorney can be created in the United States to affect your transfer) or a Medallion Signature Guarantee Waiver if applicable; see FAQs for details on Medallion Signature Guarantee and Medallion Signature Guarantee Waiver • A Transfer Certificate (Federal Tax Waiver) > A transfer certificate is required unless: 1) An United States Executor or Administer is appointed, or 2) AST receives a written statement from the foreign executor or administrator attesting: (a) the decedent was not a citizen of the U.S., (b) the decedent died on or after January 1, 1977, and (c) the U.S. value of the estate at the time of death was $60,000 or less > Photocopy of official death certificate

Transfer from Individual Retirement Account (IRA)

• A Medallion Signature Guarantee (or a waiver, if applicable) must be obtained by the current registered custodian of the IRA

Transfer to a broker

• If you wish to transfer your shares to your broker, please contact them directly for further instructions

Transfers involving shares valued greater than $10 million will require the highest valued Medallion Signature Guarantee (‘Z’ prefix). Upon a full examination of all submitted documentation, we may reach out to you for additional information.

Frequently Asked Questions (FAQs) 1. What is a Medallion Signature Guarantee?

A Medallion Signature Guarantee is a special signature guarantee for the transfer of securities. It is a representation by the guarantor that the signature is genuine and the signer is an appropriate person with the legal capacity to sign.

2. How can I obtain a Medallion Signature Guarantee Waiver?

We offer a Medallion Signature Guarantee Waiver. For transfers of shares with aggregate value of $10,000 or less on the date on which the transfer request is signed, you can obtain a waiver from the requirement for a Medallion Signature Guarantee by submitting your transfer paperwork, processing fee of $50 in the form of a check payable to American Stock Transfer & Trust Company, LLC, AND copy of a valid government issued photo identification with a signature, such as a driver’s license or a passport.

3. Where can I obtain a Medallion Signature Guarantee?

An eligible financial institution such as a commercial bank, trust company, securities broker/dealer, credit union, or savings institution participating in the Medallion Signature Guarantee program must guarantee the signature(s).

4. Is there a fee to transfer shares?

AST does not charge a transfer fee. However, there may be fees for replacing a lost certificate and/or obtaining a Medallion Signature Guarantee from the financial institution of your choice. The Medallion Signature Guarantee Waiver, if applicable, is available for a fee of $50.

5. What is a Form W-9 and why is it required?

A Form W-9 certifies the Taxpayer Identification Number (TIN, also known as a Social Security Number or Employer Identification Number) listed on an account. A Form W-9 is required each time a new registration or new account is established. The IRS requires that AST withhold a portion of the earnings on accounts that have not been certified by submitting a completed Form W-9.

6. What if I am not a U.S. citizen or do not have a Social Security Number?

If you are not a U.S. citizen or do not have a Social Security Number, please use the appropriate Form W-8. In this case, leave the Substitute Form W-9 section on the Transfer of Ownership form blank. If an account is not certified, the new owner, who is a non-U.S. taxpayer, will be subject to U.S. withholding from all earnings or sale proceeds as regulated by the IRS.

7. What are the options for my Transfer Reason?

On the Transfer of Ownership with W-9 Form, you will have four options for your Transfer Reason and can only select one. You may want to consult with your tax advisor on the definition and tax implications for each type of transfer. • Gift: Include the date the gift was received or the gift date will default to the date that the transfer is processed. • Death: Include the date of death or it will default to the

date indicated in the documents received (e.g., death certificate). The cost basis per share will default to the fair market value on the date of death unless an alternate value is provided by the designated estate representative. • Private Sale: Include the date of sale and the cost basis per share. • No Change of Ownership: Change of name in cases of marriage or divorce, minor coming of age, addition of spouse to registration, etc. (Existing cost basis of shares will be carried over to the new account.)

8. How do I transfer shares to multiple owners?

You must submit a fully completed Transfer of Ownership with W-9 Form for each new owner with original signatures Medallion Signature Guaranteed. Please see question #2 in this FAQ to determine if you are eligible for a waiver from this requirement. If shares are being transferred to multiple new owners individually, AST cannot accept instructions using words such as “equally” or “divided between” for multiple parties. The actual number of shares being transferred must be listed on the Transfer of Ownership with W-9 Form. If multiple owners are to be listed under one account, please identify the preferred form of ownership (e.g., Joint Tenants, Tenants in Common, etc.).

9. Are dividend options available to the new owner?

Dividend policies depend on the particular stock held. Listed below are AST’s guidelines for dividend payments, provided that the company pays dividends.

• When a company has a Dividend Reinvestment Plan (DRIP) that allows for reinvestment of dividends, the following applies: The new owner may choose the reinvestment option as provided on the Transfer of Ownership with W-9 Form. The new owner may also enroll in the plan by accessing their account from our website at www.astfinancial.com. • When a company does not have a DRIP, the following applies: The new account will be setup to receive dividend checks. • Can cash dividends be setup for direct deposit for the new account? If the company offers direct deposit of dividends, the new owner can arrange for direct deposit by downloading a direct deposit form from our website at https://astfinancial.com/knowledge-center/forms. Please be advised some companies do not offer direct deposit of dividends.

10. What if I cannot locate my certificate(s)?

To provide you with replacement certificates, we must be notified of the loss in writing. You may also report the loss online by accessing your account at www.astfinancial.com. A bond of indemnity to replace lost shares must be obtained at your expense.

11. What if I locate my certificate(s) previously reported lost or stolen?

If you previously reported your certificate(s) lost or stolen, and you are now in possession of the certificate(s), you must send a signed letter authorizing AST to release the STOP in order to execute your transfer request.

Frequently Asked Questions (FAQs) 12. What is a bond of indemnity?

• • • • • •

13. Does AST have an insurance provider that I (we) can use?

To determine the specific Inheritance Tax Waiver requirements for the states listed above, please contact the appropriate tax authority such as the Department of Revenue, Tax Commission, Department of Treasury, etc.

A bond of indemnity protects AST and its clients from any liabilities incurred if the original certificate(s) is/are presented for value in the future. A bond of indemnity can also be obtained independently from your own insurance provider or an insurance company of your choice.

As a convenience, you may elect to have AST include your lost certificate(s) under our insurance provider, Travelers Casualty and Surety Company of America. However, there will be fees associated with using our provider.

If you chose to be included under our insurance coverage, AST will send you an Affidavit of Loss and Indemnity Agreement to be completed with signatures notarized. You will be required to pay a percentage of the market value of the lost securities at the time the loss affidavit is issued and an administrative fee. This payment is required for the bond coverage needed to process replacement of the lost certificate(s). Completed, notarized affidavits and a check for the processing fee may be submitted with appropriate transfer documentation, and replacement securities will be issued in the name of the new shareholder.

14. What is a Certificate of Appointment?

A Certificate of Appointment is a court-issued document that proves the authority of the estate trustee to administer the provisions of the deceased’s will. Contact the state in which the registered owner was domiciled to determine whether or not you need a Certificate of Appointment.

15. What is a certified true copy of a document?

A certified true copy is a copy of a document which has been stamped and signed as a true copy of another original document. It is made by an individual who is allowed to take declarations.

16. What is the Affidavit of Domicile form, and when should I complete one?

An Affidavit of Domicile is a sworn statement which is to be signed before an official notary public. The purpose of this form is to enable AST to secure the transfer of shares owned by the deceased at the time of his or her death under the laws of the deceased’s legal residence. You are required to complete and submit an Affidavit of Domicile to AST when transferring shares involving a deceased shareholder.

17. What is an Inheritance Tax Waiver, and how can I determine if one is needed?

An Inheritance Tax Waiver is an authorization by the tax department of a deceased’s estate to transfer the securities of the deceased without charging any taxes. Most states do not require an Inheritance Tax Waiver. However, if the deceased resided in Puerto Rico or any states listed, you must submit the Inheritance Tax Waiver to AST when transferring those shares.

Alabama Hawaii Illinois Indiana Missouri Montana

• • • • • •

New Jersey New York North Dakota Ohio Oklahoma Pennsylvania

• Rhode Island • Tennessee • West Virginia

18. What if I don’t wish to transfer my shares but need to change the name on the account?

To change or correct a name or to alter an account title in any form is considered a transfer and a Medallion Signature Guarantee is required. If shares are in certificate form, the original certificate(s) must be submitted in order to execute the name change request.

19. What are the Uniform Gifts to Minors Act and the Uniform Transfers to Minors Act?

The Uniform Gifts to Minors Act (UGMA) is an act in some states of the U.S. that allows assets such as securities, where the donor has given up all possession and control, to be held in the custodian’s name for the benefit of the minor without an attorney needing to set up a special trust fund. Once the child reaches the age of majority (18 or 21, depending on the state), the assets become the property of the child and the child can use them for any purpose. In the majority of states that have adopted the Uniform Transfers to Minors Act (UTMA), the assets are treated similarly. The assets are held in the custodian’s name until the child reaches age of majority.

20. How can I access my account online?

Follow the steps below to access information about your account: • Go to www.astfinancial.com and click on Client Login in the top right corner. • Next click on Manage My Accounts, then select U.S. Shareholders & Investors, then select Manage My Shareholder Account. • If you are already registered, click Login on the left hand side of the screen and enter your unique ID and password. If you are not registered, you will need to click Register on the left side of the screen to create a unique ID and password. • Once registered and your unique ID and password are entered, your “Account Information” page will appear.

Checklist Required for ALL Transfers - Be Sure to Send: Original stock certificate(s) or Affidavit of Loss (if applicable) Your completed Transfer of Ownership form with W-9/W-8 OR a letter of instruction with W-9/W-8 A Medallion Signature Guarantee covering the value of the shares OR if applicable, a Medallion Signature Guarantee Waiver, including a payment of $50 and government issued photo ID with a signature An Inheritance Tax Waiver (if required by the state) A STOP Release Request if your certificate(s) was/were previously reported lost, stolen, or damaged and now is/are currently in your possession

If Transfer Involves a Deceased Individual, Send: The Affidavit of Domicile A photocopy of the original death certificate(s) A Certificate of Appointment

If Transfer to a Trust, Send: Copies of the relevant pages of the trust agreement, which includes the trust title, trust date and trustees

If Transfer Involves a Corporation, Send: A corporate resolution, partnership agreement, or attestation affidavit

If Transfer Involves Name Change or Attaining Age of Majority, Send: A photocopy of the original birth certificate A certified copy of the marriage certificate A certified copy of the divorce decree

If You Wish to Reinvest Your Shares (available only for those companies that offer this

feature), Send:

A letter of instruction or select the appropriate box on the Transfer of Ownership form

Should you need any additional information regarding your Transfer of Ownership, please contact AST Shareholder Services at (800) 937-5449.

© 2018 American Stock Transfer & Trust Company, LLC. All rights reserved.

Transfer of Ownership with W-9 Form Page 1 of 3: Current Registration Instructions are located within each section of the form. Please print clearly.

1

Name of Stock to Be Transferred:

2

AST Account Number:

3

Current Registration:

4

Transfer Reason: Check only one box below. All transfers will be assumed to be gifts if no reason is provided. If we receive documentation (e.g., death certificate) indicating that the registered shareowner is deceased, the transfer reason will default to death. For more information about your Transfer Reason, see question 7 in the FAQs section of the Transfer of Ownership Package.

Enter the full name of the stock to be transferred.

Enter the AST 10-digit numerical account number printed on all account mailings.

Enter the current registration as it appears on the account(s) to be transferred.

Gift:

Date of Gift: ____________

Private Sale: Date of Sale: ___________

Death: Date of Death: ____________ Cost Basis Per Share: _______. ___ USD Cost Basis Per Share: _______._____USD

No Change of Ownership (please specify):

5

Date:

6

Signature of Assigner(s) and Capacity (if applicable):

Daytime Phone #:

Email Address:

SIGNATURE

CAPACITY

SIGNATURE

CAPACITY

I do hereby irrevocably constitute and appoint American Stock Transfer & Trust Company, LLC (AST), attorney to transfer said stock on the books of the corporation with full power of substitution in the premises. If the current owner is not signing this Transfer of Ownership form, the legal representative signing on their behalf must state next to their signature the capacity in which they are authorized to sign. Such capacity as executor or administrator for a deceased owner; power of attorney; heir, and the like, is to be defined and proven to the Guarantor in order to obtain a Medallion Signature Guarantee.

7

Medallion Signature Guarantee All signatures must be Medallion Signature Guaranteed by an eligible Guarantor Institution OR a Medallion Signature Guarantee Waiver may be obtained for transfers of $10,000 or less; please see FAQ, question #2 for details. No other form of signature verification, including a notary seal, can be accepted. Not familiar with a Medallion Signature Guarantee? For more information, please see questions #1 and #2 in the FAQs section of the Transfer of Ownership Package.

PLACE MEDALLION SIGNATURE GUARANTEE HERE

Transfer of Ownership with W-9 Form Page 2 of 3: New Registration Instructions are located within each section of the form. Please print clearly.

8 9

New Registration: Enter full name of the new registration.

# of Certificated Shares (Certificate(s) or Affidavit of Loss must be submitted)

+

# of Book Shares

+

# of DRIP Shares

=

Total # of Shares

FOR DRP SHARES ONLY: When a transfer involves Dividend Reinvestment Plan (DRIP) shares, if the new owner intends to have the shares remain enrolled in the company’s reinvestment program, they must check the box next to “Yes” in order to reinvest their dividends. For more information about DRIP shares, see question 9 in the FAQs section of the Transfer of Ownership Package.

10 Registration: Type of

Select the registration type.

Reinvest Dividends (if applicable) Yes

No

If checking yes, I have read and fully understand the terms and conditions of the Plan.

Individual

Transfer on Death (TOD) Name of Beneficiary:__________________________

Joint Account

Trust

Custodian Account

Other:_____________________________________________________________

Trustee:___________________________ Trust Date: ____________

Check the box above that corresponds with the type of registration. Joint Account: “joint tenants” unless otherwise indicated. • Trust: include name of trustees, trust title and date. • Custodian Account: Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA) is based on the state (ST) in which the • custodianship was created. For more information on UTMA/UGMA, see question 18 in the FAQs section of the Transfer of Ownership Package. Transfer on Death (“TOD”): only one beneficiary may be named on a TOD account. •

Examples of Type of Registration Joint Account: Joint Tenants

John Smith and Mary Smith JT Ten

Joint Account: Tenants in Common

John Smith and Mary Smith Ten Com

Trust

John Smith TTEE John Smith Trust U/A DTD 01/23/2014

Custodian Account

John Smith Cust Mary Smith UTMA/ST

Transfer on Death (“TOD”)

John Smith TOD Jane Smith Subject to STA TOD Rules

Transfer of Ownership with W-9 Form Page 3 of 3: New Registration Instructions are located within each section of the form. Please print clearly.

11

Full Address:

12

Substitute Form W-9

/

Enter the complete address of the new owner.

Check the appropriate box: Individual/Sole Proprietor

C Corporation

S Corporation

Partnership

Limited Liability Company:

Trust/Estate

Enter the tax classification (C = C Corporation, S = S Corporation, P = Partnership)

Other: _____________________

Part I: Taxpayer Identification Number (TIN) Enter your TIN in the box. The TIN provided must match your name to avoid backup withholding. For individuals, this is your Social Security Number (SSN).

Exempt Payee Exempt payee code or Exemption from FATCA reporting code (if any) _______ codes apply only to certain entities not individuals

Part II: Certification Under penalties of perjury, I certify that: (1) The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me); and (2) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding; and (3) I am a U.S. citizen or other U.S. person; and (4) The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct. Certification instructions. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. For real estate transactions, item 2 does not apply. For mortgage interest paid, acquisition or abandonment of secured property, cancellation of debt, contributions to an individual retirement arrangement (IRA), and generally, payments other than interest and dividends, you are not required to sign the certification, but you must provide your correct TIN.

SIGNATURE

Date:

The new owner must sign the Substitute Form W-9. Failure to complete this form will result in backup withholdings per IRS regulations. If the new account is to be registered to Joint Tenants, use the Taxpayer Identification Number (TIN) of the first owner named on the account. If you are not a U.S. citizen or do not have a Social Security Number, please use the appropriate Form W-8.

Affidavit of Domicile Page 1 of 2: Form Instructions are located on page 2. Please print clearly.

of Stock to Be 1 Name Transferred:

2 AST Account Number: This form must be completed by the executor, administrator, personal representative, or survivor.

Name of Person 3 Full Completing this Form: I am the (check one):

Executor

Administrator

Personal Representative

Survivor

Address of 4 Legal Person Listed Above: Name of 5 Full Decedent:

6

Date of Death of Decedent:

MM/DD/YYYY

Residence 7 Legal of Decedent: City of :

State of:

County of:

8 checked above) of the Estate of the registered owner, whose name, date of death and legal residence are listed above. I, being duly sworn, depose and say that I am the executor, administrator, personal representative, or survivor (as Signature of person completing this form: This affidavit confirms that American Stock Transfer & Trust Company, LLC ("AST") is the transfer agent that has permission to transfer or deliver securities registered in the name of, or owned by, said decedent at the time of his/her death.

Official Notary Public Certification and Seal

9

AFFIX NOTARY PUBLIC SEAL BELOW

Sworn before me on this date: Day of Signature of Notary Public: State of____________________) ss. County of__________________) Expiration of Commission:

, 20

Affidavit of Domicile Page 2 of 2: Instructions Please read carefully.

Please enter all of the information in the presence of a notary.

1 Full name of the stock to be transferred 2 AST 10-digit numerical account number printed on all account mailings Full name of the executor, administrator, personal representative, or survivor and check the box next to 3 the capacity 4 Legal address of the executor, administrator, personal representative, or survivor 5 Full name of the registered owner 6 Date of death for the registered owner 7 Legal residence of the registered owner 8 Executor, administrator, personal representative, or survivor must sign his/her name 9 Official notary public to complete certification and affix seal IMPORTANT! Steps 1-8 are to be completed by the executor, administrator, personal representative, or survivor in the presence of a notary. Step 9 should be completed by an official notary public.