BUSINESS FIRST BANCSHARES IN

Ticker: BFST CUSIP: 12326C105 Class: Common Stock

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 18 Value ($000) $0 Avg Close $25.09 Range $22.31 - $28.31

Q2 2025

Shares 25 Value ($000) $1 Avg Close $23.05 Range $19.62 - $24.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18	$0	$25.09	$22.31 - $28.31
Q2 2025	25	$1	$23.05	$19.62 - $24.60