CLEARWATER ANALYTICS HLDGS I

Ticker: CWAN CUSIP: 185123106 Class: Common Stock

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q4 2025

Shares 7,100 Value ($000) $171 Avg Close $20.03 Range $15.73 - $24.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	7,100	$171	$20.03	$15.73 - $24.28