AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Birch Capital Management, LLC's Holding History (CIK: 0001799859)

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

Q4 2020

Shares 1,190 Value ($000) $210 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 1,190 Value ($000) $166 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 3,057 Value ($000) $455 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 3,057 Value ($000) $418 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 3,057 Value ($000) $521 Avg Close $145.09 Range $134.54 - $151.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	1,190	$210	$147.45	$121.14 - $161.77
Q3 2020	1,190	$166	$125.00	$114.15 - $135.97
Q2 2020	3,057	$455	$126.99	$112.18 - $142.82
Q1 2020	3,057	$418	$141.95	$91.30 - $160.44
Q4 2019	3,057	$521	$145.09	$134.54 - $151.18