ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

LAZARD ASSET MANAGEMENT LLC's Holding History (CIK: 0001207017)

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

Q4 2021

Shares 392 Value ($000) $13 Avg Close $29.07 Range $27.56 - $30.99

Q3 2021

Shares 234 Value ($000) $8 Avg Close $28.79 Range $26.52 - $30.36

Q2 2021

Shares 1,147 Value ($000) $41 Avg Close $28.72 Range $26.55 - $30.57

Q1 2021

Shares 1,147 Value ($000) $38 Avg Close $25.56 Range $22.71 - $29.15

Q4 2020

Shares 1,147 Value ($000) $34 Avg Close $22.88 Range $19.26 - $25.36

Q3 2020

Shares 228 Value ($000) $5 Avg Close $21.71 Range $19.31 - $23.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2021	392	$13	$29.07	$27.56 - $30.99
Q3 2021	234	$8	$28.79	$26.52 - $30.36
Q2 2021	1,147	$41	$28.72	$26.55 - $30.57
Q1 2021	1,147	$38	$25.56	$22.71 - $29.15
Q4 2020	1,147	$34	$22.88	$19.26 - $25.36
Q3 2020	228	$5	$21.71	$19.31 - $23.36