CHESAPEAKE ENERGY CORP

Ticker: EXE CUSIP: 165167735 Class: EQTY

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q4 2025

Shares 146,700 Value ($000) $16,190 Avg Close $110.64 Range $97.10 - $126.62

Q3 2025

Shares 212,249 Value ($000) $22,549 Avg Close $99.11 Range $90.58 - $114.33

Q2 2025

Shares 45,600 Value ($000) $5,332 Avg Close $109.10 Range $92.98 - $120.89

Q4 2024

Shares 45,332 Value ($000) $4,513 Avg Close $89.24 Range $77.81 - $98.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	146,700	$16,190	$110.64	$97.10 - $126.62
Q3 2025	212,249	$22,549	$99.11	$90.58 - $114.33
Q2 2025	45,600	$5,332	$109.10	$92.98 - $120.89
Q4 2024	45,332	$4,513	$89.24	$77.81 - $98.36