Davenport's Response to the COVID-19 Outbreak CLIENT LOGIN Menu Our Story Davenport Asset Management is a boutique money manager with more than $8 billion in assets under management. Inception in 1984 to offer our employee Profit Sharing Plan strategy to clients. Strong ownership culture with 100% employee ownership. Personal service and access to decision makers are paramount to quality relationships. Employee Owned Conviction Service Success Over Time WHAT MAKES US DIFFERENT Experience More than 35 years as an active money manager give us a true historical perspective. Our Portfolio Managers average 25 years of Davenport tenure. Stability Consistent investment discipline coupled with risk management is paramount to successful investing. A long-term perspective is invaluable to our investment process. Partnership Investing alongside our clients is the foundation of Davenport Asset Management. Davenport’s Profit Sharing Plan is invested exclusively in our strategies. Independence Davenport is 100% employee owned. Our commitment to independence allows us to remain solely focused on meeting the needs of our clients and putting their interests first. OUR INVESTMENT PHILOSOPHY We are long-term investors. We believe a consistent investment discipline combined with risk management leads to outperformance over a complete market cycle with lower volatility. Bottom-up research—rigorous fundamental and qualitative analysis. Straightforward approach emphasizing superior business models and quality management teams. Approaching each investment as if we are going to be co-owners of the business. Measuring performance over years, not quarters or months. LINKS OUR HISTORY ADDITIONAL INFORMATION Manager Fact Sheet Manager Q&A Corporate Headquarters: One James Center | 901 East Cary Street, Suite 1100 | Richmond, Virginia 23219 DIRECTIONS © 2021 DAVENPORT & COMPANY LLC MEMBER: NYSE | FINRA | SIPC ALL RIGHTS RESERVED