DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

Fulcrum Equity Management's Holding History (CIK: 0001737888)

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

Q2 2020

Shares 10,702 Value ($000) $376 Avg Close $34.67 Range $25.63 - $40.99

Q1 2020

Shares 8,783 Value ($000) $312 Avg Close $46.87 Range $24.12 - $56.89

Q4 2019

Shares 11,637 Value ($000) $640 Avg Close $50.49 Range $42.59 - $56.55

Q3 2019

Shares 11,968 Value ($000) $533 Avg Close $41.87 Range $37.36 - $45.91

Q2 2019

Shares 11,587 Value ($000) $504 Avg Close $38.06 Range $35.06 - $40.80

Q1 2019

Shares 8,711 Value ($000) $332 Avg Close $37.24 Range $34.27 - $43.23

Q4 2018

Shares 8,614 Value ($000) $309 Avg Close $39.22 Range $33.54 - $44.78

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	10,702	$376	$34.67	$25.63 - $40.99
Q1 2020	8,783	$312	$46.87	$24.12 - $56.89
Q4 2019	11,637	$640	$50.49	$42.59 - $56.55
Q3 2019	11,968	$533	$41.87	$37.36 - $45.91
Q2 2019	11,587	$504	$38.06	$35.06 - $40.80
Q1 2019	8,711	$332	$37.24	$34.27 - $43.23
Q4 2018	8,614	$309	$39.22	$33.54 - $44.78