DUOLINGO INC

Ticker: DUOL CUSIP: 26603R106 Class: EQTY

GF FUND MANAGEMENT CO. LTD.'s Holding History (CIK: 0002057060)

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

Q4 2025

Shares 9,679 Value ($000) $1,699 Avg Close $235.64 Range $166.27 - $353.00

Q3 2025

Shares 19,780 Value ($000) $6,366 Avg Close $334.45 Range $256.63 - $468.00

Q1 2025

Shares 7,800 Value ($000) $2,422 Avg Close $342.01 Range $263.68 - $441.76

Q4 2024

Shares 13,400 Value ($000) $4,345 Avg Close $318.27 Range $273.06 - $378.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,679	$1,699	$235.64	$166.27 - $353.00
Q3 2025	19,780	$6,366	$334.45	$256.63 - $468.00
Q1 2025	7,800	$2,422	$342.01	$263.68 - $441.76
Q4 2024	13,400	$4,345	$318.27	$273.06 - $378.48