DUTCH BROS INC

Ticker: BROS CUSIP: 26701L100 Class: CL A

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

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

Q4 2025

Shares 156,565 Value ($000) $9,585 Avg Close $56.81 Range $47.16 - $65.93

Q3 2025

Shares 197,690 Value ($000) $10,347 Avg Close $63.23 Range $51.27 - $74.65

Q2 2025

Shares 198,895 Value ($000) $13,598 Avg Close $65.23 Range $47.26 - $77.88

Q1 2025

Shares 160,198 Value ($000) $9,891 Avg Close $65.86 Range $52.50 - $86.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	156,565	$9,585	$56.81	$47.16 - $65.93
Q3 2025	197,690	$10,347	$63.23	$51.27 - $74.65
Q2 2025	198,895	$13,598	$65.23	$47.26 - $77.88
Q1 2025	160,198	$9,891	$65.86	$52.50 - $86.88