B2GOLD CORP

Ticker: BTG CUSIP: 11777Q209 Class: COM

Nikko Asset Management Americas, Inc.'s Holding History (CIK: 0001480751)

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

Q3 2025

Shares 97,810 Value ($000) $483 Avg Close $3.93 Range $3.31 - $5.07

Q2 2025

Shares 97,810 Value ($000) $352 Avg Close $3.27 Range $2.52 - $3.83

Q1 2025

Shares 97,600 Value ($000) $278 Avg Close $2.66 Range $2.17 - $3.33

Q1 2022

Shares 201,234 Value ($000) $928 Avg Close $3.42 Range $2.88 - $4.08

Q4 2021

Shares 325,878 Value ($000) $1,264 Avg Close $3.38 Range $2.83 - $3.96

Q3 2021

Shares 363,516 Value ($000) $1,247 Avg Close $3.22 Range $2.77 - $3.59

Q2 2021

Shares 391,996 Value ($000) $1,662 Avg Close $4.03 Range $3.41 - $4.42

Q1 2021

Shares 413,561 Value ($000) $1,782 Avg Close $3.99 Range $3.43 - $4.93

Q4 2020

Shares 430,841 Value ($000) $2,413 Avg Close $4.96 Range $4.17 - $5.79

Q3 2020

Shares 469,764 Value ($000) $3,100 Avg Close $5.24 Range $4.38 - $6.09

Q2 2020

Shares 985,119 Value ($000) $5,586 Avg Close $4.03 Range $2.43 - $4.63

Q1 2020

Shares 1,345,300 Value ($000) $4,117 Avg Close $3.18 Range $1.73 - $3.95

Q4 2019

Shares 1,753,730 Value ($000) $7,032 Avg Close $2.82 Range $2.48 - $3.26

Q3 2019

Shares 1,993,847 Value ($000) $6,440 Avg Close $2.69 Range $2.30 - $3.21

Q2 2019

Shares 2,200,060 Value ($000) $6,666 Avg Close $2.18 Range $1.92 - $2.52

Q1 2019

Shares 2,510,998 Value ($000) $7,056 Avg Close $2.38 Range $2.10 - $2.68

Q4 2018

Shares 2,740,254 Value ($000) $8,002 Avg Close $2.08 Range $1.81 - $2.35

Q3 2018

Shares 2,321,138 Value ($000) $5,339 Avg Close $1.89 Range $1.68 - $2.08

Q2 2018

Shares 2,142,575 Value ($000) $5,528 Avg Close $2.18 Range $2.01 - $2.41

Q1 2018

Shares 2,718,396 Value ($000) $7,421 Avg Close $2.35 Range $2.12 - $2.64

Q4 2017

Shares 2,967,207 Value ($000) $9,198 Avg Close $2.15 Range $1.94 - $2.50

Q3 2017

Shares 3,567,107 Value ($000) $9,988 Avg Close $2.11 Range $1.85 - $2.31

Q2 2017

Shares 3,821,707 Value ($000) $10,739 Avg Close $2.11 Range $1.72 - $2.36

Q1 2017

Shares 3,022,707 Value ($000) $8,554 Avg Close $2.40 Range $1.90 - $2.84

Q4 2016

Shares 2,323,707 Value ($000) $5,507 Avg Close $1.98 Range $1.61 - $2.43

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	97,810	$483	$3.93	$3.31 - $5.07
Q2 2025	97,810	$352	$3.27	$2.52 - $3.83
Q1 2025	97,600	$278	$2.66	$2.17 - $3.33
Q1 2022	201,234	$928	$3.42	$2.88 - $4.08
Q4 2021	325,878	$1,264	$3.38	$2.83 - $3.96
Q3 2021	363,516	$1,247	$3.22	$2.77 - $3.59
Q2 2021	391,996	$1,662	$4.03	$3.41 - $4.42
Q1 2021	413,561	$1,782	$3.99	$3.43 - $4.93
Q4 2020	430,841	$2,413	$4.96	$4.17 - $5.79
Q3 2020	469,764	$3,100	$5.24	$4.38 - $6.09
Q2 2020	985,119	$5,586	$4.03	$2.43 - $4.63
Q1 2020	1,345,300	$4,117	$3.18	$1.73 - $3.95
Q4 2019	1,753,730	$7,032	$2.82	$2.48 - $3.26
Q3 2019	1,993,847	$6,440	$2.69	$2.30 - $3.21
Q2 2019	2,200,060	$6,666	$2.18	$1.92 - $2.52
Q1 2019	2,510,998	$7,056	$2.38	$2.10 - $2.68
Q4 2018	2,740,254	$8,002	$2.08	$1.81 - $2.35
Q3 2018	2,321,138	$5,339	$1.89	$1.68 - $2.08
Q2 2018	2,142,575	$5,528	$2.18	$2.01 - $2.41
Q1 2018	2,718,396	$7,421	$2.35	$2.12 - $2.64
Q4 2017	2,967,207	$9,198	$2.15	$1.94 - $2.50
Q3 2017	3,567,107	$9,988	$2.11	$1.85 - $2.31
Q2 2017	3,821,707	$10,739	$2.11	$1.72 - $2.36
Q1 2017	3,022,707	$8,554	$2.40	$1.90 - $2.84
Q4 2016	2,323,707	$5,507	$1.98	$1.61 - $2.43