BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

SBI Securities Co., Ltd.'s Holding History (CIK: 0001851815)

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

Q4 2025

Shares 153 Value ($000) $27 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 135 Value ($000) $24 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 179 Value ($000) $44 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 194 Value ($000) $37 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 106 Value ($000) $22 Avg Close $215.93 Range $191.24 - $237.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	153	$27	$179.79	$166.62 - $203.51
Q3 2025	135	$24	$195.98	$170.39 - $248.42
Q2 2025	179	$44	$225.32	$161.21 - $254.91
Q1 2025	194	$37	$207.21	$186.02 - $220.32
Q4 2024	106	$22	$215.93	$191.24 - $237.30