AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

MARKEL GROUP INC.'s Holding History (CIK: 0001096343)

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

Q1 2020

Shares 530,700 Value ($000) $72,536 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 530,700 Value ($000) $90,484 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 530,700 Value ($000) $85,665 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 530,700 Value ($000) $87,741 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 530,700 Value ($000) $84,774 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 530,700 Value ($000) $69,585 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 530,700 Value ($000) $79,955 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 530,700 Value ($000) $71,188 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 530,700 Value ($000) $60,224 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 530,700 Value ($000) $62,193 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 530,700 Value ($000) $58,016 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 530,700 Value ($000) $54,376 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 530,700 Value ($000) $54,338 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 530,700 Value ($000) $54,545 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 530,700 Value ($000) $46,808 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 530,700 Value ($000) $48,755 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 530,700 Value ($000) $47,609 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 530,700 Value ($000) $44,961 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 530,700 Value ($000) $42,647 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 530,700 Value ($000) $42,578 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 530,700 Value ($000) $45,449 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 530,700 Value ($000) $44,244 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 530,700 Value ($000) $44,091 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 527,700 Value ($000) $41,836 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 527,700 Value ($000) $40,770 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 532,100 Value ($000) $42,993 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 532,500 Value ($000) $38,542 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 526,000 Value ($000) $36,220 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	530,700	$72,536	$141.95	$91.30 - $160.44
Q4 2019	530,700	$90,484	$145.09	$134.54 - $151.18
Q3 2019	530,700	$85,665	$143.97	$136.57 - $151.98
Q2 2019	530,700	$87,741	$140.97	$134.10 - $148.45
Q1 2019	530,700	$84,774	$125.45	$108.70 - $138.61
Q4 2018	530,700	$69,585	$121.16	$104.68 - $131.62
Q3 2018	530,700	$79,955	$120.81	$110.27 - $129.74
Q2 2018	530,700	$71,188	$107.77	$94.91 - $120.77
Q1 2018	530,700	$60,224	$98.61	$90.87 - $105.75
Q4 2017	530,700	$62,193	$96.16	$91.15 - $100.81
Q3 2017	530,700	$58,016	$89.59	$83.96 - $101.73
Q2 2017	530,700	$54,376	$84.22	$79.33 - $87.79
Q1 2017	530,700	$54,338	$84.40	$77.75 - $87.39
Q4 2016	530,700	$54,545	$76.76	$70.20 - $85.82
Q3 2016	530,700	$46,808	$74.09	$70.80 - $78.37
Q2 2016	530,700	$48,755	$71.77	$68.45 - $75.00
Q1 2016	530,700	$47,609	$67.69	$61.81 - $73.03
Q4 2015	530,700	$44,961	$69.13	$63.10 - $72.67
Q3 2015	530,700	$42,647	$63.87	$51.20 - $67.86
Q2 2015	530,700	$42,578	$67.60	$63.55 - $69.99
Q1 2015	530,700	$45,449	$67.89	$64.32 - $71.03
Q4 2014	530,700	$44,244	$63.52	$55.18 - $68.07
Q3 2014	530,700	$44,091	$56.27	$54.11 - $58.19
Q2 2014	527,700	$41,836	$52.86	$49.83 - $54.58
Q1 2014	527,700	$40,770	$52.44	$48.53 - $56.01
Q4 2013	532,100	$42,993	$51.46	$46.89 - $56.22
Q3 2013	532,500	$38,542	$48.32	$45.84 - $50.27
Q2 2013	526,000	$36,220	$45.09	$41.94 - $47.70