DOW INC

Ticker: DOW CUSIP: 260557103 Class: COM

Lummis Asset Management, LP's Holding History (CIK: 0002011652)

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

Q4 2025

Shares 633 Value ($000) $15 Avg Close $22.78 Range $20.35 - $25.67

Q3 2025

Shares 633 Value ($000) $15 Avg Close $24.31 Range $19.82 - $30.04

Q2 2025

Shares 633 Value ($000) $13 Avg Close $27.80 Range $23.75 - $33.33

Q1 2025

Shares 633 Value ($000) $19 Avg Close $35.96 Range $32.16 - $39.24

Q4 2023

Shares 633 Value ($000) $35 Avg Close $44.66 Range $41.11 - $49.29

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	633	$15	$22.78	$20.35 - $25.67
Q3 2025	633	$15	$24.31	$19.82 - $30.04
Q2 2025	633	$13	$27.80	$23.75 - $33.33
Q1 2025	633	$19	$35.96	$32.16 - $39.24
Q4 2023	633	$35	$44.66	$41.11 - $49.29