CHOICE HOTELS INTL INC

Ticker: CHH CUSIP: 169905106 Class: Common Stock

GAM Holding AG's Holding History (CIK: 0001438848)

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

Q4 2019

Shares 2,746 Value ($000) $284 Avg Close $88.98 Range $81.08 - $100.38

Q3 2019

Shares 8,712 Value ($000) $775 Avg Close $84.84 Range $77.05 - $90.12

Q2 2019

Shares 5,215 Value ($000) $454 Avg Close $79.12 Range $73.71 - $83.12

Q1 2019

Shares 4,226 Value ($000) $329 Avg Close $73.45 Range $66.13 - $78.32

Q4 2018

Shares 4,226 Value ($000) $303 Avg Close $70.80 Range $62.91 - $78.60

Q3 2018

Shares 5,299 Value ($000) $441 Avg Close $73.73 Range $69.23 - $79.52

Q2 2018

Shares 9,501 Value ($000) $718 Avg Close $75.23 Range $70.15 - $78.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	2,746	$284	$88.98	$81.08 - $100.38
Q3 2019	8,712	$775	$84.84	$77.05 - $90.12
Q2 2019	5,215	$454	$79.12	$73.71 - $83.12
Q1 2019	4,226	$329	$73.45	$66.13 - $78.32
Q4 2018	4,226	$303	$70.80	$62.91 - $78.60
Q3 2018	5,299	$441	$73.73	$69.23 - $79.52
Q2 2018	9,501	$718	$75.23	$70.15 - $78.69