The total number of shares eligible for a voluntary corporate action election is based on the following criteria:

If the ex-date (effective date) is in the future the eligible position will be either

• The current position in the account, includes unsettled trades
• Zero, in the event the account is ineligible for participation in the voluntary corporate action

If the ex-date (effective date) is in the past the eligible position will be either

• The position as of 20:20 ET the evening prior to the effective date, in the event the offer did not have associated rights which were listed for trading
• The current position in the account in the event the offer had associated rights which were listed for trading.

For Stock Purchase Plan (SPP) actions only, the corporate action election tool will reflect the maximum allowable stock value which a participant may purchase. This value is dependent on the terms of the offer.

In the event a customer sees a zero position and believes they should be eligible to participate in the voluntary corporate action, please contact Client Services.