DESCARTES SYS GROUP INC

Ticker: DSGX CUSIP: 249906108 Class: COM

AKRE CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001112520)

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

Q4 2020

Shares 207,300 Value ($000) $12,123 Avg Close $56.62 Range $51.97 - $61.02

Q3 2020

Shares 207,300 Value ($000) $11,812 Avg Close $55.34 Range $50.53 - $63.11

Q2 2020

Shares 207,300 Value ($000) $10,966 Avg Close $44.44 Range $32.17 - $53.30

Q1 2020

Shares 207,300 Value ($000) $7,129 Avg Close $41.58 Range $24.35 - $47.43

Q4 2019

Shares 50,000 Value ($000) $2,136 Avg Close $40.80 Range $38.10 - $43.81

Q3 2019

Shares 50,000 Value ($000) $2,015 Avg Close $37.00 Range $33.35 - $40.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	207,300	$12,123	$56.62	$51.97 - $61.02
Q3 2020	207,300	$11,812	$55.34	$50.53 - $63.11
Q2 2020	207,300	$10,966	$44.44	$32.17 - $53.30
Q1 2020	207,300	$7,129	$41.58	$24.35 - $47.43
Q4 2019	50,000	$2,136	$40.80	$38.10 - $43.81
Q3 2019	50,000	$2,015	$37.00	$33.35 - $40.99