BIGLARI HLDGS INC

CUSIP: 08986R101 Class: COM

Penserra Capital Management LLC's Holding History (CIK: 0001593324)

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

Q3 2016
Shares 77 Value ($000) $33 Avg Close — Range —
Q2 2016
Shares 152 Value ($000) $61 Avg Close — Range —
Q1 2016
Shares 164 Value ($000) $60 Avg Close — Range —
Q4 2015
Shares 163 Value ($000) $53 Avg Close — Range —