BUSINESS FIRST BANCSHARES IN

Ticker: BFST CUSIP: 12326C105 Class: Common Stock

State of Tennessee, Department of Treasury's Holding History (CIK: 0001587973)

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

Q4 2025

Shares 14,469 Value ($000) $408 Avg Close $25.09 Range $22.31 - $28.31

Q3 2023

Shares 5,878 Value ($000) $110 Avg Close $17.55 Range $13.48 - $21.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,469	$408	$25.09	$22.31 - $28.31
Q3 2023	5,878	$110	$17.55	$13.48 - $21.08