DOW INC

Ticker: DOW CUSIP: 260557103 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 675,812 Value ($000) $15,800 Avg Close $22.78 Range $20.35 - $25.67

Q3 2025

Shares 698,752 Value ($000) $16,022 Avg Close $24.31 Range $19.82 - $30.04

Q2 2025

Shares 760,373 Value ($000) $20,135 Avg Close $27.80 Range $23.75 - $33.33

Q1 2025

Shares 771,843 Value ($000) $26,953 Avg Close $35.96 Range $32.16 - $39.24

Q4 2024

Shares 771,843 Value ($000) $30,974 Avg Close $42.94 Range $36.15 - $50.94

Q3 2024

Shares 804,004 Value ($000) $43,923 Avg Close $47.92 Range $45.35 - $50.99

Q2 2024

Shares 814,767 Value ($000) $43,223 Avg Close $51.21 Range $47.23 - $54.19

Q1 2024

Shares 845,545 Value ($000) $46,353 Avg Close $48.96 Range $45.89 - $52.45

Q4 2023

Shares 816,087 Value ($000) $44,754 Avg Close $44.66 Range $41.11 - $49.29

Q3 2023

Shares 816,701 Value ($000) $42,109 Avg Close $46.31 Range $43.56 - $48.52

Q2 2023

Shares 815,540 Value ($000) $43,436 Avg Close $45.25 Range $41.52 - $48.90

Q1 2023

Shares 845,545 Value ($000) $46,353 Avg Close $47.30 Range $41.67 - $50.93

Q4 2022

Shares 845,545 Value ($000) $42,607 Avg Close $40.52 Range $35.40 - $44.20

Q3 2022

Shares 854,385 Value ($000) $37,533 Avg Close $41.46 Range $35.51 - $45.94

Q2 2022

Shares 876,492 Value ($000) $45,236 Avg Close $51.79 Range $41.05 - $57.91

Q1 2022

Shares 923,516 Value ($000) $58,846 Avg Close $48.26 Range $43.47 - $52.33

Q4 2021

Shares 927,258 Value ($000) $52,594 Avg Close $45.04 Range $41.46 - $48.11

Q3 2021

Shares 960,823 Value ($000) $55,305 Avg Close $47.81 Range $43.42 - $51.38

Q2 2021

Shares 983,126 Value ($000) $62,212 Avg Close $51.06 Range $46.56 - $55.35

Q1 2021

Shares 969,650 Value ($000) $61,999 Avg Close $45.81 Range $39.10 - $51.82

Q4 2020

Shares 1,008,410 Value ($000) $55,967 Avg Close $39.03 Range $33.35 - $43.77

Q3 2020

Shares 1,028,303 Value ($000) $48,382 Avg Close $33.48 Range $29.02 - $38.79

Q2 2020

Shares 1,028,133 Value ($000) $41,907 Avg Close $26.85 Range $19.60 - $34.03

Q1 2020

Shares 1,019,543 Value ($000) $29,811 Avg Close $30.58 Range $15.98 - $39.77

Q4 2019

Shares 990,791 Value ($000) $54,226 Avg Close $36.70 Range $30.99 - $39.78

Q3 2019

Shares 997,211 Value ($000) $47,517 Avg Close $32.74 Range $28.12 - $36.85

Q2 2019

Shares 998,082 Value ($000) $49,215 Avg Close $36.37 Range $32.51 - $41.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	675,812	$15,800	$22.78	$20.35 - $25.67
Q3 2025	698,752	$16,022	$24.31	$19.82 - $30.04
Q2 2025	760,373	$20,135	$27.80	$23.75 - $33.33
Q1 2025	771,843	$26,953	$35.96	$32.16 - $39.24
Q4 2024	771,843	$30,974	$42.94	$36.15 - $50.94
Q3 2024	804,004	$43,923	$47.92	$45.35 - $50.99
Q2 2024	814,767	$43,223	$51.21	$47.23 - $54.19
Q1 2024	845,545	$46,353	$48.96	$45.89 - $52.45
Q4 2023	816,087	$44,754	$44.66	$41.11 - $49.29
Q3 2023	816,701	$42,109	$46.31	$43.56 - $48.52
Q2 2023	815,540	$43,436	$45.25	$41.52 - $48.90
Q1 2023	845,545	$46,353	$47.30	$41.67 - $50.93
Q4 2022	845,545	$42,607	$40.52	$35.40 - $44.20
Q3 2022	854,385	$37,533	$41.46	$35.51 - $45.94
Q2 2022	876,492	$45,236	$51.79	$41.05 - $57.91
Q1 2022	923,516	$58,846	$48.26	$43.47 - $52.33
Q4 2021	927,258	$52,594	$45.04	$41.46 - $48.11
Q3 2021	960,823	$55,305	$47.81	$43.42 - $51.38
Q2 2021	983,126	$62,212	$51.06	$46.56 - $55.35
Q1 2021	969,650	$61,999	$45.81	$39.10 - $51.82
Q4 2020	1,008,410	$55,967	$39.03	$33.35 - $43.77
Q3 2020	1,028,303	$48,382	$33.48	$29.02 - $38.79
Q2 2020	1,028,133	$41,907	$26.85	$19.60 - $34.03
Q1 2020	1,019,543	$29,811	$30.58	$15.98 - $39.77
Q4 2019	990,791	$54,226	$36.70	$30.99 - $39.78
Q3 2019	997,211	$47,517	$32.74	$28.12 - $36.85
Q2 2019	998,082	$49,215	$36.37	$32.51 - $41.48