Zalando SE

CUSIP: 00BQV0SV7 Class: Common Stock - Foreign

Holders for Q4 2025 Position Changes for Q4 2025

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

Institution	Shares	Value ($000)
Pacer Advisors, Inc.	97,501	$2,904
Total (1 institutions)	97,501	$2,904