AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

CULLEN INVESTMENT GROUP, LTD.'s Holding History (CIK: 0000797203)

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

Q3 2025

Shares 704 Value ($000) $205 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 712 Value ($000) $219 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 712 Value ($000) $217 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 712 Value ($000) $208 Avg Close $287.90 Range $266.14 - $301.35

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	704	$205	$297.80	$280.46 - $312.33
Q2 2025	712	$219	$302.36	$268.13 - $324.50
Q1 2025	712	$217	$295.41	$279.29 - $315.84
Q4 2024	712	$208	$287.90	$266.14 - $301.35