ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 31 Value ($000) $1 Avg Close $29.20 Range $25.42 - $33.28

Q3 2025

Shares 23 Value ($000) $1 Avg Close $27.49 Range $25.11 - $29.68

Q2 2025

Shares 84 Value ($000) $2 Avg Close $24.62 Range $21.85 - $26.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	31	$1	$29.20	$25.42 - $33.28
Q3 2025	23	$1	$27.49	$25.11 - $29.68
Q2 2025	84	$2	$24.62	$21.85 - $26.37