BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

Fiera Capital Corp's Holding History (CIK: 0001505817)

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

Q2 2017

Shares 119,005 Value ($000) $15,727 Avg Close $139.90 Range $128.70 - $149.70

Q1 2017

Shares 186,005 Value ($000) $26,906 Avg Close $156.51 Range $141.55 - $175.60

Q4 2016

Shares 197,602 Value ($000) $33,563 Avg Close $165.63 Range $145.30 - $180.45

Q3 2016

Shares 237,662 Value ($000) $36,900 Avg Close $174.40 Range $146.87 - $195.35

Q2 2016

Shares 66,168 Value ($000) $11,317 Avg Close $161.90 Range $145.33 - $185.27

Q4 2015

Shares 7,776 Value ($000) $1,570 Avg Close $219.24 Range $198.68 - $260.51

Q3 2015

Shares 5,776 Value ($000) $1,216 Avg Close $221.14 Range $195.04 - $238.72

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	119,005	$15,727	$139.90	$128.70 - $149.70
Q1 2017	186,005	$26,906	$156.51	$141.55 - $175.60
Q4 2016	197,602	$33,563	$165.63	$145.30 - $180.45
Q3 2016	237,662	$36,900	$174.40	$146.87 - $195.35
Q2 2016	66,168	$11,317	$161.90	$145.33 - $185.27
Q4 2015	7,776	$1,570	$219.24	$198.68 - $260.51
Q3 2015	5,776	$1,216	$221.14	$195.04 - $238.72