BLUE RIDGE BANKSHARES, INC.

In the event of any stock or extraordinary cash dividend, stock split, reverse stock split, an extraordinary corporate transaction such as any recapitalization, reorganization, merger, spin-off of a subsidiary, or other relevant change in capitalization, the 4,850,000 share limit (including for incentive stock options), the number and kind of shares to be issued under the Amended Plan (under outstanding and future awards), the individual annual award limits, the exercise price of options, and other relevant provisions will be adjusted by the Compensation Committee in an equitable and proportionate manner to prevent dilution or enlargement of benefits or potential benefits intended to be made available under the Amended Plan.