DUTCH BROS INC

Ticker: BROS CUSIP: 26701L100 Class: CL A

VIRGINIA RETIREMENT SYSTEMS ET AL's Holding History (CIK: 0001005354)

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

Q4 2025

Shares 11,950 Value ($000) $732 Avg Close $56.81 Range $47.16 - $65.93

Q3 2025

Shares 22,100 Value ($000) $1,157 Avg Close $63.23 Range $51.27 - $74.65

Q2 2025

Shares 5,900 Value ($000) $403 Avg Close $65.23 Range $47.26 - $77.88

Q1 2025

Shares 19,300 Value ($000) $1,192 Avg Close $65.86 Range $52.50 - $86.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,950	$732	$56.81	$47.16 - $65.93
Q3 2025	22,100	$1,157	$63.23	$51.27 - $74.65
Q2 2025	5,900	$403	$65.23	$47.26 - $77.88
Q1 2025	19,300	$1,192	$65.86	$52.50 - $86.88