DONEGAL GROUP INC

Ticker: DGICA CUSIP: 257701201 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 12,150 Value ($000) $243 Avg Close $19.38 Range $17.73 - $20.86

Q3 2025

Shares 10,069 Value ($000) $195 Avg Close $17.86 Range $16.19 - $19.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,150	$243	$19.38	$17.73 - $20.86
Q3 2025	10,069	$195	$17.86	$16.19 - $19.41