ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

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

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

Q4 2025

Shares 1,801,441 Value ($000) $40,568 Avg Close $21.62 Range $20.12 - $23.60

Q3 2025

Shares 1,789,692 Value ($000) $39,624 Avg Close $21.76 Range $19.88 - $23.88

Q2 2025

Shares 1,786,508 Value ($000) $38,660 Avg Close $19.46 Range $15.34 - $21.90

Q1 2025

Shares 1,832,817 Value ($000) $33,834 Avg Close $19.14 Range $17.30 - $21.15

Q4 2024

Shares 1,843,231 Value ($000) $35,464 Avg Close $20.92 Range $17.68 - $23.23

Q3 2024

Shares 1,687,118 Value ($000) $38,601 Avg Close $20.17 Range $17.43 - $21.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,801,441	$40,568	$21.62	$20.12 - $23.60
Q3 2025	1,789,692	$39,624	$21.76	$19.88 - $23.88
Q2 2025	1,786,508	$38,660	$19.46	$15.34 - $21.90
Q1 2025	1,832,817	$33,834	$19.14	$17.30 - $21.15
Q4 2024	1,843,231	$35,464	$20.92	$17.68 - $23.23
Q3 2024	1,687,118	$38,601	$20.17	$17.43 - $21.79