DELUXE CORP

Ticker: DLX CUSIP: 248019101 Class: Common Stock

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

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

Q4 2019

Shares 17,204 Value ($000) $859 Avg Close $35.99 Range $32.01 - $39.02

Q3 2019

Shares 17,204 Value ($000) $846 Avg Close $32.00 Range $28.45 - $35.80

Q2 2019

Shares 17,204 Value ($000) $700 Avg Close $30.09 Range $25.84 - $35.52

Q1 2019

Shares 1,337 Value ($000) $58 Avg Close $31.76 Range $26.57 - $35.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	17,204	$859	$35.99	$32.01 - $39.02
Q3 2019	17,204	$846	$32.00	$28.45 - $35.80
Q2 2019	17,204	$700	$30.09	$25.84 - $35.52
Q1 2019	1,337	$58	$31.76	$26.57 - $35.66