Filed Pursuant to Rule 433
Dated June 17, 2022
Relating to Prospectus dated May 23,
2022
Registration Statement No. 333-264860

June 17, 2022
Dear Shareholder:
The Board of Directors is pleased to announce the introduction of
the Dividend Reinvestment and Direct Stock Purchase Plan (the
“Plan”) of Blue Ridge Bankshares, Inc. (“BRBS”). The Plan is
designed to provide you with a convenient, cost-effective method to
manage your investment in BRBS common stock. Under the Plan,
shareholders can reinvest their cash dividends from BRBS. In
addition, current and new shareholders have the ability to purchase
shares of BRBS common stock directly through our Plan
Administrator, Computershare Trust Company, N.A. If you are a
beneficial owner and hold your shares in “street name,” you can
participate in the Plan through your broker.
The Plan contains a number of attractive features, including the
abilities to:
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Automatically reinvest your cash dividends to purchase additional
shares of BRBS common stock. For newly issued shares purchased
directly from BRBS, a discount of 2.5% of the purchase price as
determined under the Plan is currently in effect. Such discount may
be changed or discontinued in the future in BRBS’s sole discretion,
with prior notice.
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Make optional cash purchases of between $500 and $5,000 on a
quarterly basis.
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Sell shares of BRBS common stock.
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Manage your account online via the Plan Administrator’s website
www.computershare.com/investor.
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Participation in the Plan is optional, and you may initiate or
discontinue your participation at any time. When selling shares, a
nominal fee will be charged by our Plan Administrator.
Please take the time to carefully read and understand the enclosed
Plan prospectus before making an investment decision. If you choose
to enroll, please complete and return the enclosed form to our Plan
Administrator. Alternatively, you can enroll online at
www.computershare.com/investor. If you wish to have
BRBS’s next dividend reinvested, when and if declared, the Plan
Administrator must receive your properly submitted Enrollment Form
or you will need to enroll online no later than the record date for
the dividend.
We appreciate your continued support of BRBS, its Board of
Directors, and Management. If you have any questions regarding the
Plan or need assistance with Plan enrollment, please contact
Computershare at 1-800-368-5948.
Sincerely,

Brian K. Plum
President and Chief Executive Officer
BRBS has filed a registration statement (including a prospectus)
with the Securities and Exchange Commission (the “SEC”) for the
Plan to which this offering relates. Before you invest, you should
read the Plan prospectus in that registration statement and other
documents BRBS has filed with the SEC for more complete information
about BRBS and the Plan. You may get these documents for free by
visiting EDGAR on the SEC website at www.sec.gov. Alternatively,
BRBS will send you the Plan prospectus if you request it by
contacting Computershare at 1-800-368-5948.
1807 Seminole Trail • Charlottesville, VA 22901
Phone: (540) 743-6521