BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

STATE OF WISCONSIN INVESTMENT BOARD's Holding History (CIK: 0000854157)

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

Q4 2025

Shares 2,619 Value ($000) $511 Avg Close $206.20 Range $189.92 - $243.73

Q3 2025

Shares 5,819 Value ($000) $1,230 Avg Close $212.75 Range $187.00 - $232.00

Q2 2025

Shares 7,814 Value ($000) $1,491 Avg Close $230.18 Range $185.34 - $260.00

Q1 2025

Shares 3,909 Value ($000) $934 Avg Close $243.60 Range $215.10 - $302.68

Q4 2024

Shares 4,035 Value ($000) $1,210 Avg Close $301.80 Range $267.74 - $329.55

Q3 2024

Shares 6,536 Value ($000) $1,890 Avg Close $278.81 Range $262.00 - $305.02

Q2 2024

Shares 6,649 Value ($000) $2,028 Avg Close $286.39 Range $254.40 - $339.77

Q1 2024

Shares 757 Value ($000) $230 Avg Close $333.53 Range $287.33 - $371.65

Q4 2023

Shares 916 Value ($000) $317 Avg Close $350.71 Range $313.17 - $395.52

Q3 2023

Shares 1,091 Value ($000) $425 Avg Close $350.39 Range $296.27 - $392.94

Q2 2023

Shares 966 Value ($000) $298 Avg Close $321.59 Range $300.68 - $344.03

Q1 2023

Shares 1,223 Value ($000) $402 Avg Close $343.94 Range $303.18 - $420.50

Q4 2022

Shares 1,210 Value ($000) $399 Avg Close $362.78 Range $322.83 - $422.75

Q3 2022

Shares 1,798 Value ($000) $582 Avg Close $345.86 Range $299.26 - $394.34

Q2 2022

Shares 2,440 Value ($000) $739 Avg Close $347.95 Range $287.00 - $404.20

Q1 2022

Shares 654 Value ($000) $254 Avg Close $416.96 Range $342.74 - $535.00

Q4 2021

Shares 20,808 Value ($000) $10,510 Avg Close $499.43 Range $435.12 - $556.68

Q3 2021

Shares 35,748 Value ($000) $18,223 Avg Close $679.74 Range $503.32 - $1017.32

Q2 2021

Shares 23,635 Value ($000) $24,127 Avg Close $1122.26 Range $963.71 - $1349.98

Q1 2021

Shares 17,667 Value ($000) $21,311 Avg Close $1048.96 Range $885.35 - $1256.04

Q4 2020

Shares 1,140 Value ($000) $1,133 Avg Close $959.73 Range $865.85 - $1092.80

Q3 2020

Shares 14,509 Value ($000) $12,817 Avg Close $789.85 Range $534.63 - $935.52

Q2 2020

Shares 1,080 Value ($000) $580 Avg Close $484.26 Range $349.11 - $587.85

Q4 2019

Shares 9,123 Value ($000) $3,447 Avg Close $376.63 Range $345.26 - $405.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,619	$511	$206.20	$189.92 - $243.73
Q3 2025	5,819	$1,230	$212.75	$187.00 - $232.00
Q2 2025	7,814	$1,491	$230.18	$185.34 - $260.00
Q1 2025	3,909	$934	$243.60	$215.10 - $302.68
Q4 2024	4,035	$1,210	$301.80	$267.74 - $329.55
Q3 2024	6,536	$1,890	$278.81	$262.00 - $305.02
Q2 2024	6,649	$2,028	$286.39	$254.40 - $339.77
Q1 2024	757	$230	$333.53	$287.33 - $371.65
Q4 2023	916	$317	$350.71	$313.17 - $395.52
Q3 2023	1,091	$425	$350.39	$296.27 - $392.94
Q2 2023	966	$298	$321.59	$300.68 - $344.03
Q1 2023	1,223	$402	$343.94	$303.18 - $420.50
Q4 2022	1,210	$399	$362.78	$322.83 - $422.75
Q3 2022	1,798	$582	$345.86	$299.26 - $394.34
Q2 2022	2,440	$739	$347.95	$287.00 - $404.20
Q1 2022	654	$254	$416.96	$342.74 - $535.00
Q4 2021	20,808	$10,510	$499.43	$435.12 - $556.68
Q3 2021	35,748	$18,223	$679.74	$503.32 - $1017.32
Q2 2021	23,635	$24,127	$1122.26	$963.71 - $1349.98
Q1 2021	17,667	$21,311	$1048.96	$885.35 - $1256.04
Q4 2020	1,140	$1,133	$959.73	$865.85 - $1092.80
Q3 2020	14,509	$12,817	$789.85	$534.63 - $935.52
Q2 2020	1,080	$580	$484.26	$349.11 - $587.85
Q4 2019	9,123	$3,447	$376.63	$345.26 - $405.00