DESCARTES SYS GROUP INC

Ticker: DSGX CUSIP: 249906108 Class: COM

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

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

Q4 2025

Shares 496,483 Value ($000) $43,617 Avg Close $89.38 Range $78.88 - $98.35

Q3 2025

Shares 444,774 Value ($000) $42 Avg Close $102.22 Range $93.84 - $109.00

Q2 2025

Shares 478,144 Value ($000) $48 Avg Close $105.49 Range $92.00 - $117.35

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	496,483	$43,617	$89.38	$78.88 - $98.35
Q3 2025	444,774	$42	$102.22	$93.84 - $109.00
Q2 2025	478,144	$48	$105.49	$92.00 - $117.35