CAPELLA EDUCATION COMPANY

CUSIP: 139594105 Class: COM

Robeco Institutional Asset Management B.V.'s Holding History (CIK: 0001418773)

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

Q1 2017
Shares 7,628 Value ($000) $649 Avg Close — Range —
Q4 2016
Shares 3,911 Value ($000) $343 Avg Close — Range —
Q2 2014
Shares 224 Value ($000) $12 Avg Close — Range —
Q1 2014
Shares 224 Value ($000) $14 Avg Close — Range —
Q4 2013
Shares 224 Value ($000) $15 Avg Close — Range —