BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

Regal Partners Ltd's Holding History (CIK: 0001577774)

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

Q4 2017

Shares 198,410 Value ($000) $37,916 Avg Close $178.64 Range $155.75 - $197.05

Q3 2017

Shares 229,298 Value ($000) $35,816 Avg Close $146.09 Range $128.75 - $165.80

Q2 2017

Shares 223,497 Value ($000) $29,535 Avg Close $139.90 Range $128.70 - $149.70

Q1 2017

Shares 159,691 Value ($000) $23,099 Avg Close $156.51 Range $141.55 - $175.60

Q4 2016

Shares 137,467 Value ($000) $23,349 Avg Close $165.63 Range $145.30 - $180.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	198,410	$37,916	$178.64	$155.75 - $197.05
Q3 2017	229,298	$35,816	$146.09	$128.75 - $165.80
Q2 2017	223,497	$29,535	$139.90	$128.70 - $149.70
Q1 2017	159,691	$23,099	$156.51	$141.55 - $175.60
Q4 2016	137,467	$23,349	$165.63	$145.30 - $180.45