DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

ARGA Investment Management, LP's Holding History (CIK: 0001556915)

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

Q4 2025

Shares 16,386 Value ($000) $535 Avg Close $31.63 Range $28.52 - $34.41

Q3 2025

Shares 16,386 Value ($000) $512 Avg Close $31.30 Range $27.62 - $34.25

Q2 2025

Shares 16,386 Value ($000) $483 Avg Close $26.32 Range $21.30 - $29.72

Q1 2025

Shares 16,386 Value ($000) $381 Avg Close $25.07 Range $22.91 - $28.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,386	$535	$31.63	$28.52 - $34.41
Q3 2025	16,386	$512	$31.30	$27.62 - $34.25
Q2 2025	16,386	$483	$26.32	$21.30 - $29.72
Q1 2025	16,386	$381	$25.07	$22.91 - $28.73