DOW INC

Ticker: DOW CUSIP: 260557103 Class: COM

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q4 2025

Shares 29,687 Value ($000) $694 Avg Close $22.78 Range $20.35 - $25.67

Q3 2025

Shares 33,569 Value ($000) $770 Avg Close $24.31 Range $19.82 - $30.04

Q2 2025

Shares 28,459 Value ($000) $754 Avg Close $27.80 Range $23.75 - $33.33

Q1 2025

Shares 23,854 Value ($000) $833 Avg Close $35.96 Range $32.16 - $39.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	29,687	$694	$22.78	$20.35 - $25.67
Q3 2025	33,569	$770	$24.31	$19.82 - $30.04
Q2 2025	28,459	$754	$27.80	$23.75 - $33.33
Q1 2025	23,854	$833	$35.96	$32.16 - $39.24