BUSINESS FIRST BANCSHARES IN

Ticker: BFST CUSIP: 12326C105 Class: Common Stock

Connor, Clark & Lunn Investment Management Ltd.'s Holding History (CIK: 0001596800)

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

Q4 2025

Shares 47,218 Value ($000) $1,234 Avg Close $25.09 Range $22.31 - $28.31

Q3 2025

Shares 70,494 Value ($000) $1,664 Avg Close $24.40 Range $22.24 - $26.18

Q2 2025

Shares 61,862 Value ($000) $1,525 Avg Close $23.05 Range $19.62 - $24.60

Q1 2025

Shares 55,890 Value ($000) $1,361 Avg Close $25.14 Range $22.32 - $27.53

Q4 2024

Shares 44,163 Value ($000) $1,135 Avg Close $26.06 Range $23.04 - $29.33

Q3 2024

Shares 22,570 Value ($000) $579 Avg Close $22.93 Range $19.74 - $25.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	47,218	$1,234	$25.09	$22.31 - $28.31
Q3 2025	70,494	$1,664	$24.40	$22.24 - $26.18
Q2 2025	61,862	$1,525	$23.05	$19.62 - $24.60
Q1 2025	55,890	$1,361	$25.14	$22.32 - $27.53
Q4 2024	44,163	$1,135	$26.06	$23.04 - $29.33
Q3 2024	22,570	$579	$22.93	$19.74 - $25.99