AGREE REALTY CORP

Ticker: ADC CUSIP: 008492100 Class: COM

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

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

Q4 2025
Shares 27,100 Value ($000) $1,952 Avg Close — Range —
Q3 2025
Shares 26,300 Value ($000) $1,868 Avg Close — Range —
Q2 2025
Shares 26,400 Value ($000) $1,929 Avg Close — Range —
Q1 2025
Shares 25,600 Value ($000) $1,976 Avg Close — Range —
Q4 2024
Shares 24,500 Value ($000) $1,726 Avg Close — Range —
Q3 2024
Shares 23,800 Value ($000) $1,793 Avg Close — Range —
Q2 2024
Shares 24,200 Value ($000) $1,499 Avg Close — Range —
Q1 2024
Shares 24,600 Value ($000) $1,405 Avg Close — Range —
Q4 2023
Shares 24,100 Value ($000) $1,517 Avg Close — Range —
Q3 2023
Shares 23,000 Value ($000) $1,271 Avg Close — Range —
Q2 2023
Shares 23,000 Value ($000) $1,504 Avg Close — Range —
Q1 2023
Shares 22,400 Value ($000) $1,537 Avg Close — Range —