BAE SYSTEMS PLC

Ticker: BAESY CUSIP: 05523R107 Class: ADR

NAPLES GLOBAL ADVISORS, LLC's Holding History (CIK: 0001582151)

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

Q1 2014
Shares 15,150 Value ($000) $418 Avg Close — Range —
Q4 2013
Shares 14,350 Value ($000) $414 Avg Close — Range —