CLEVELAND-CLIFFS INC NEW

Ticker: CLF CUSIP: 185899101 Class: COM

Cheviot Value Management, LLC's Holding History (CIK: 0001427147)

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

Q4 2025

Shares 9,550 Value ($000) $134 Avg Close $12.63 Range $9.90 - $16.70

Q3 2025

Shares 9,550 Value ($000) $135 Avg Close $10.52 Range $7.42 - $13.05

Q2 2025

Shares 9,850 Value ($000) $94 Avg Close $7.43 Range $5.63 - $9.19

Q1 2025

Shares 9,750 Value ($000) $85 Avg Close $10.16 Range $7.91 - $12.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,550	$134	$12.63	$9.90 - $16.70
Q3 2025	9,550	$135	$10.52	$7.42 - $13.05
Q2 2025	9,850	$94	$7.43	$5.63 - $9.19
Q1 2025	9,750	$85	$10.16	$7.91 - $12.26