B2GOLD CORP

Ticker: BTG CUSIP: 11777Q209 Class: COM

Swiss National Bank's Holding History (CIK: 0001582202)

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

Q4 2025

Shares 2,489,323 Value ($000) $11,231 Avg Close $4.66 Range $3.71 - $5.94

Q3 2025

Shares 2,454,623 Value ($000) $12,140 Avg Close $3.93 Range $3.31 - $5.07

Q2 2025

Shares 2,539,323 Value ($000) $9,139 Avg Close $3.27 Range $2.52 - $3.83

Q1 2025

Shares 2,569,523 Value ($000) $7,308 Avg Close $2.66 Range $2.17 - $3.33

Q4 2024

Shares 2,586,023 Value ($000) $6,330 Avg Close $2.87 Range $2.37 - $3.41

Q3 2024

Shares 2,570,423 Value ($000) $7,957 Avg Close $2.80 Range $2.25 - $3.33

Q2 2024

Shares 2,581,523 Value ($000) $6,920 Avg Close $2.56 Range $2.33 - $2.90

Q1 2024

Shares 2,571,123 Value ($000) $6,736 Avg Close $2.52 Range $2.18 - $3.00

Q4 2023

Shares 2,571,123 Value ($000) $8,145 Avg Close $2.91 Range $2.55 - $3.20

Q3 2023

Shares 2,705,423 Value ($000) $7,834 Avg Close $2.96 Range $2.60 - $3.48

Q2 2023

Shares 2,705,423 Value ($000) $9,650 Avg Close $3.52 Range $3.10 - $3.95

Q1 2023

Shares 2,338,500 Value ($000) $9,228 Avg Close $3.31 Range $2.82 - $3.72

Q4 2022

Shares 2,603,800 Value ($000) $9,247 Avg Close $2.93 Range $2.50 - $3.29

Q3 2022

Shares 2,523,500 Value ($000) $8,177 Avg Close $2.86 Range $2.47 - $3.14

Q2 2022

Shares 2,504,300 Value ($000) $8,467 Avg Close $3.59 Range $2.93 - $4.35

Q1 2022

Shares 2,511,900 Value ($000) $11,521 Avg Close $3.42 Range $2.88 - $4.08

Q4 2021

Shares 2,318,900 Value ($000) $9,103 Avg Close $3.38 Range $2.83 - $3.96

Q3 2021

Shares 4,383,629 Value ($000) $14,912 Avg Close $3.22 Range $2.77 - $3.59

Q2 2021

Shares 4,508,329 Value ($000) $18,948 Avg Close $4.03 Range $3.41 - $4.42

Q1 2021

Shares 4,255,529 Value ($000) $18,312 Avg Close $3.99 Range $3.43 - $4.93

Q4 2020

Shares 4,187,829 Value ($000) $23,469 Avg Close $4.96 Range $4.17 - $5.79

Q3 2020

Shares 4,369,929 Value ($000) $28,323 Avg Close $5.24 Range $4.38 - $6.09

Q2 2020

Shares 4,471,429 Value ($000) $25,254 Avg Close $4.03 Range $2.43 - $4.63

Q1 2020

Shares 2,010,829 Value ($000) $5,979 Avg Close $3.18 Range $1.73 - $3.95

Q4 2019

Shares 1,946,529 Value ($000) $7,800 Avg Close $2.82 Range $2.48 - $3.26

Q3 2019

Shares 1,909,629 Value ($000) $6,214 Avg Close $2.69 Range $2.30 - $3.21

Q2 2019

Shares 1,855,029 Value ($000) $5,637 Avg Close $2.18 Range $1.92 - $2.52

Q1 2019

Shares 1,816,829 Value ($000) $5,086 Avg Close $2.38 Range $2.10 - $2.68

Q4 2018

Shares 1,783,729 Value ($000) $5,216 Avg Close $2.08 Range $1.81 - $2.35

Q3 2018

Shares 1,747,929 Value ($000) $3,964 Avg Close $1.89 Range $1.68 - $2.08

Q2 2018

Shares 1,706,329 Value ($000) $4,412 Avg Close $2.18 Range $2.01 - $2.41

Q1 2018

Shares 1,784,429 Value ($000) $4,883 Avg Close $2.35 Range $2.12 - $2.64

Q4 2017

Shares 1,655,029 Value ($000) $5,113 Avg Close $2.15 Range $1.94 - $2.50

Q3 2017

Shares 1,621,529 Value ($000) $4,472 Avg Close $2.11 Range $1.85 - $2.31

Q2 2017

Shares 1,621,529 Value ($000) $4,565 Avg Close $2.11 Range $1.72 - $2.36

Q1 2017

Shares 1,588,229 Value ($000) $4,526 Avg Close $2.40 Range $1.90 - $2.84

Q4 2016

Shares 1,544,229 Value ($000) $3,666 Avg Close $1.98 Range $1.61 - $2.43

Q3 2016

Shares 1,501,629 Value ($000) $3,938 Avg Close $2.37 Range $1.97 - $2.92

Q2 2016

Shares 1,555,029 Value ($000) $3,881 Avg Close $1.61 Range $1.25 - $2.01

Q1 2016

Shares 1,487,629 Value ($000) $2,408 Avg Close $0.87 Range $0.48 - $1.41

Q4 2015

Shares 1,104,632 Value ($000) $1,115 Avg Close $0.91 Range $0.79 - $1.17

Q3 2015

Shares 1,104,632 Value ($000) $1,164 Avg Close $0.97 Range $0.78 - $1.25

Q2 2015

Shares 952,032 Value ($000) $1,462 Avg Close $1.29 Range $1.18 - $1.43

Q1 2015

Shares 932,932 Value ($000) $1,386 Avg Close $1.40 Range $1.11 - $1.90

Q4 2014

Shares 920,532 Value ($000) $1,508 Avg Close $1.45 Range $1.15 - $1.86

Q3 2014

Shares 737,665 Value ($000) $1,504 Avg Close $2.01 Range $1.58 - $2.37

Q2 2014

Shares 679,400 Value ($000) $1,979 Avg Close $2.17 Range $1.74 - $2.42

Q1 2014

Shares 679,400 Value ($000) $1,849 Avg Close $2.09 Range $1.61 - $2.66

Q4 2013

Shares 527,700 Value ($000) $1,083 Avg Close $1.78 Range $1.48 - $2.20

Q3 2013

Shares 504,700 Value ($000) $1,261 Avg Close $2.16 Range $1.65 - $2.86

Q2 2013

Shares 530,700 Value ($000) $1,131 Avg Close $1.91 Range $1.42 - $2.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,489,323	$11,231	$4.66	$3.71 - $5.94
Q3 2025	2,454,623	$12,140	$3.93	$3.31 - $5.07
Q2 2025	2,539,323	$9,139	$3.27	$2.52 - $3.83
Q1 2025	2,569,523	$7,308	$2.66	$2.17 - $3.33
Q4 2024	2,586,023	$6,330	$2.87	$2.37 - $3.41
Q3 2024	2,570,423	$7,957	$2.80	$2.25 - $3.33
Q2 2024	2,581,523	$6,920	$2.56	$2.33 - $2.90
Q1 2024	2,571,123	$6,736	$2.52	$2.18 - $3.00
Q4 2023	2,571,123	$8,145	$2.91	$2.55 - $3.20
Q3 2023	2,705,423	$7,834	$2.96	$2.60 - $3.48
Q2 2023	2,705,423	$9,650	$3.52	$3.10 - $3.95
Q1 2023	2,338,500	$9,228	$3.31	$2.82 - $3.72
Q4 2022	2,603,800	$9,247	$2.93	$2.50 - $3.29
Q3 2022	2,523,500	$8,177	$2.86	$2.47 - $3.14
Q2 2022	2,504,300	$8,467	$3.59	$2.93 - $4.35
Q1 2022	2,511,900	$11,521	$3.42	$2.88 - $4.08
Q4 2021	2,318,900	$9,103	$3.38	$2.83 - $3.96
Q3 2021	4,383,629	$14,912	$3.22	$2.77 - $3.59
Q2 2021	4,508,329	$18,948	$4.03	$3.41 - $4.42
Q1 2021	4,255,529	$18,312	$3.99	$3.43 - $4.93
Q4 2020	4,187,829	$23,469	$4.96	$4.17 - $5.79
Q3 2020	4,369,929	$28,323	$5.24	$4.38 - $6.09
Q2 2020	4,471,429	$25,254	$4.03	$2.43 - $4.63
Q1 2020	2,010,829	$5,979	$3.18	$1.73 - $3.95
Q4 2019	1,946,529	$7,800	$2.82	$2.48 - $3.26
Q3 2019	1,909,629	$6,214	$2.69	$2.30 - $3.21
Q2 2019	1,855,029	$5,637	$2.18	$1.92 - $2.52
Q1 2019	1,816,829	$5,086	$2.38	$2.10 - $2.68
Q4 2018	1,783,729	$5,216	$2.08	$1.81 - $2.35
Q3 2018	1,747,929	$3,964	$1.89	$1.68 - $2.08
Q2 2018	1,706,329	$4,412	$2.18	$2.01 - $2.41
Q1 2018	1,784,429	$4,883	$2.35	$2.12 - $2.64
Q4 2017	1,655,029	$5,113	$2.15	$1.94 - $2.50
Q3 2017	1,621,529	$4,472	$2.11	$1.85 - $2.31
Q2 2017	1,621,529	$4,565	$2.11	$1.72 - $2.36
Q1 2017	1,588,229	$4,526	$2.40	$1.90 - $2.84
Q4 2016	1,544,229	$3,666	$1.98	$1.61 - $2.43
Q3 2016	1,501,629	$3,938	$2.37	$1.97 - $2.92
Q2 2016	1,555,029	$3,881	$1.61	$1.25 - $2.01
Q1 2016	1,487,629	$2,408	$0.87	$0.48 - $1.41
Q4 2015	1,104,632	$1,115	$0.91	$0.79 - $1.17
Q3 2015	1,104,632	$1,164	$0.97	$0.78 - $1.25
Q2 2015	952,032	$1,462	$1.29	$1.18 - $1.43
Q1 2015	932,932	$1,386	$1.40	$1.11 - $1.90
Q4 2014	920,532	$1,508	$1.45	$1.15 - $1.86
Q3 2014	737,665	$1,504	$2.01	$1.58 - $2.37
Q2 2014	679,400	$1,979	$2.17	$1.74 - $2.42
Q1 2014	679,400	$1,849	$2.09	$1.61 - $2.66
Q4 2013	527,700	$1,083	$1.78	$1.48 - $2.20
Q3 2013	504,700	$1,261	$2.16	$1.65 - $2.86
Q2 2013	530,700	$1,131	$1.91	$1.42 - $2.46