ADVANCED EMISSIONS SOLUTS IN

Ticker: ARQ CUSIP: 00770C101 Class: COM

BlackRock, Inc.'s Holding History (CIK: 0002012383)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,045,938 Value ($000) $6,690 Avg Close $4.89 Range $3.18 - $7.37

Q3 2025

Shares 2,007,432 Value ($000) $14,373 Avg Close $6.61 Range $5.11 - $7.89

Q2 2025

Shares 2,002,390 Value ($000) $10,753 Avg Close $4.38 Range $3.34 - $5.57

Q1 2025

Shares 1,893,025 Value ($000) $7,894 Avg Close $5.67 Range $4.01 - $7.63

Q4 2024

Shares 1,828,069 Value ($000) $13,838 Avg Close $6.58 Range $5.12 - $8.11

Q3 2024

Shares 1,679,860 Value ($000) $9,861 Avg Close $6.09 Range $4.69 - $7.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,045,938	$6,690	$4.89	$3.18 - $7.37
Q3 2025	2,007,432	$14,373	$6.61	$5.11 - $7.89
Q2 2025	2,002,390	$10,753	$4.38	$3.34 - $5.57
Q1 2025	1,893,025	$7,894	$5.67	$4.01 - $7.63
Q4 2024	1,828,069	$13,838	$6.58	$5.12 - $8.11
Q3 2024	1,679,860	$9,861	$6.09	$4.69 - $7.15