ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 214,730 Value ($000) $56,371 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 222,372 Value ($000) $60,899 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 240,079 Value ($000) $64,687 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 242,780 Value ($000) $61,550 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 242,780 Value ($000) $56,888 Avg Close $245.53 Range $230.70 - $259.26

Q3 2024

Shares 241,887 Value ($000) $61,761 Avg Close $241.07 Range $217.65 - $253.31

Q2 2024

Shares 247,680 Value ($000) $58,948 Avg Close $227.14 Range $213.29 - $242.24

Q1 2024

Shares 282,450 Value ($000) $46,754 Avg Close $207.94 Range $189.63 - $227.85

Q4 2023

Shares 256,678 Value ($000) $50,912 Avg Close $175.85 Range $153.18 - $197.06

Q3 2023

Shares 252,469 Value ($000) $42,768 Avg Close $177.30 Range $163.22 - $186.52

Q2 2023

Shares 261,539 Value ($000) $48,827 Avg Close $167.31 Range $156.95 - $182.94

Q1 2023

Shares 282,450 Value ($000) $46,754 Avg Close $150.99 Range $139.35 - $161.29

Q4 2022

Shares 287,200 Value ($000) $41,805 Avg Close $141.81 Range $126.42 - $153.48

Q3 2022

Shares 292,130 Value ($000) $42,189 Avg Close $156.07 Range $138.29 - $171.23

Q2 2022

Shares 295,536 Value ($000) $45,442 Avg Close $158.99 Range $137.82 - $177.76

Q1 2022

Shares 305,189 Value ($000) $53,884 Avg Close $179.54 Range $147.91 - $226.74

Q4 2021

Shares 308,350 Value ($000) $72,336 Avg Close $215.53 Range $199.33 - $227.72

Q3 2021

Shares 311,046 Value ($000) $64,890 Avg Close $208.54 Range $195.25 - $219.93

Q2 2021

Shares 328,079 Value ($000) $67,574 Avg Close $206.33 Range $194.28 - $218.25

Q1 2021

Shares 335,932 Value ($000) $71,913 Avg Close $201.55 Range $190.45 - $215.84

Q4 2020

Shares 343,422 Value ($000) $74,303 Avg Close $197.47 Range $171.24 - $214.73

Q3 2020

Shares 344,467 Value ($000) $68,838 Avg Close $188.44 Range $172.53 - $201.15

Q2 2020

Shares 357,032 Value ($000) $71,032 Avg Close $182.16 Range $136.65 - $217.57

Q1 2020

Shares 343,974 Value ($000) $53,601 Avg Close $176.33 Range $117.17 - $198.13

Q4 2019

Shares 345,102 Value ($000) $66,601 Avg Close $177.67 Range $169.74 - $186.58

Q3 2019

Shares 350,742 Value ($000) $69,461 Avg Close $187.16 Range $179.22 - $195.89

Q2 2019

Shares 356,620 Value ($000) $70,411 Avg Close $173.21 Range $164.99 - $187.12

Q1 2019

Shares 359,930 Value ($000) $63,542 Avg Close $150.92 Range $131.24 - $169.66

Q4 2018

Shares 363,824 Value ($000) $53,609 Avg Close $141.48 Range $126.10 - $150.86

Q3 2018

Shares 360,353 Value ($000) $56,496 Avg Close $137.00 Range $128.06 - $148.09

Q2 2018

Shares 365,624 Value ($000) $51,308 Avg Close $132.91 Range $122.30 - $138.58

Q1 2018

Shares 362,158 Value ($000) $49,641 Avg Close $123.54 Range $115.47 - $129.02

Q4 2017

Shares 373,183 Value ($000) $50,074 Avg Close $121.85 Range $117.53 - $126.30

Q3 2017

Shares 391,025 Value ($000) $50,290 Avg Close $120.10 Range $116.11 - $122.59

Q2 2017

Shares 391,815 Value ($000) $52,013 Avg Close $117.68 Range $113.27 - $123.01

Q1 2017

Shares 389,855 Value ($000) $48,864 Avg Close $111.04 Range $106.47 - $114.69

Q4 2016

Shares 388,803 Value ($000) $45,575 Avg Close $105.98 Range $100.13 - $110.74

Q3 2016

Shares 382,167 Value ($000) $46,517 Avg Close $108.98 Range $105.46 - $112.42

Q2 2016

Shares 379,956 Value ($000) $45,062 Avg Close $104.92 Range $98.81 - $109.58

Q1 2016

Shares 326,892 Value ($000) $36,455 Avg Close $95.34 Range $88.43 - $102.02

Q4 2015

Shares 337,182 Value ($000) $38,567 Avg Close $105.21 Range $98.01 - $109.49

Q3 2015

Shares 345,647 Value ($000) $37,924 Avg Close $99.79 Range $91.88 - $104.89

Q2 2015

Shares 339,873 Value ($000) $38,429 Avg Close $102.25 Range $97.79 - $105.41

Q1 2015

Shares 351,037 Value ($000) $40,152 Avg Close $97.19 Range $86.65 - $103.73

Q4 2014

Shares 389,273 Value ($000) $40,687 Avg Close $96.70 Range $89.74 - $101.94

Q3 2014

Shares 387,850 Value ($000) $44,537 Avg Close $99.26 Range $94.57 - $104.65

Q2 2014

Shares 401,440 Value ($000) $44,696 Avg Close $94.25 Range $89.51 - $98.33

Q1 2014

Shares 397,984 Value ($000) $42,978 Avg Close $91.92 Range $85.62 - $98.30

Q4 2013

Shares 444,915 Value ($000) $46,391 Avg Close $90.95 Range $84.34 - $94.74

Q3 2013

Shares 448,735 Value ($000) $44,317 Avg Close $81.20 Range $74.57 - $86.97

Q2 2013

Shares 451,605 Value ($000) $38,472 Avg Close $73.48 Range $68.51 - $77.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	214,730	$56,371	$265.71	$251.04 - $281.41
Q3 2025	222,372	$60,899	$270.32	$253.71 - $284.56
Q2 2025	240,079	$64,687	$252.35	$219.93 - $269.19
Q1 2025	242,780	$61,550	$249.61	$225.31 - $270.90
Q4 2024	242,780	$56,888	$245.53	$230.70 - $259.26
Q3 2024	241,887	$61,761	$241.07	$217.65 - $253.31
Q2 2024	247,680	$58,948	$227.14	$213.29 - $242.24
Q1 2024	282,450	$46,754	$207.94	$189.63 - $227.85
Q4 2023	256,678	$50,912	$175.85	$153.18 - $197.06
Q3 2023	252,469	$42,768	$177.30	$163.22 - $186.52
Q2 2023	261,539	$48,827	$167.31	$156.95 - $182.94
Q1 2023	282,450	$46,754	$150.99	$139.35 - $161.29
Q4 2022	287,200	$41,805	$141.81	$126.42 - $153.48
Q3 2022	292,130	$42,189	$156.07	$138.29 - $171.23
Q2 2022	295,536	$45,442	$158.99	$137.82 - $177.76
Q1 2022	305,189	$53,884	$179.54	$147.91 - $226.74
Q4 2021	308,350	$72,336	$215.53	$199.33 - $227.72
Q3 2021	311,046	$64,890	$208.54	$195.25 - $219.93
Q2 2021	328,079	$67,574	$206.33	$194.28 - $218.25
Q1 2021	335,932	$71,913	$201.55	$190.45 - $215.84
Q4 2020	343,422	$74,303	$197.47	$171.24 - $214.73
Q3 2020	344,467	$68,838	$188.44	$172.53 - $201.15
Q2 2020	357,032	$71,032	$182.16	$136.65 - $217.57
Q1 2020	343,974	$53,601	$176.33	$117.17 - $198.13
Q4 2019	345,102	$66,601	$177.67	$169.74 - $186.58
Q3 2019	350,742	$69,461	$187.16	$179.22 - $195.89
Q2 2019	356,620	$70,411	$173.21	$164.99 - $187.12
Q1 2019	359,930	$63,542	$150.92	$131.24 - $169.66
Q4 2018	363,824	$53,609	$141.48	$126.10 - $150.86
Q3 2018	360,353	$56,496	$137.00	$128.06 - $148.09
Q2 2018	365,624	$51,308	$132.91	$122.30 - $138.58
Q1 2018	362,158	$49,641	$123.54	$115.47 - $129.02
Q4 2017	373,183	$50,074	$121.85	$117.53 - $126.30
Q3 2017	391,025	$50,290	$120.10	$116.11 - $122.59
Q2 2017	391,815	$52,013	$117.68	$113.27 - $123.01
Q1 2017	389,855	$48,864	$111.04	$106.47 - $114.69
Q4 2016	388,803	$45,575	$105.98	$100.13 - $110.74
Q3 2016	382,167	$46,517	$108.98	$105.46 - $112.42
Q2 2016	379,956	$45,062	$104.92	$98.81 - $109.58
Q1 2016	326,892	$36,455	$95.34	$88.43 - $102.02
Q4 2015	337,182	$38,567	$105.21	$98.01 - $109.49
Q3 2015	345,647	$37,924	$99.79	$91.88 - $104.89
Q2 2015	339,873	$38,429	$102.25	$97.79 - $105.41
Q1 2015	351,037	$40,152	$97.19	$86.65 - $103.73
Q4 2014	389,273	$40,687	$96.70	$89.74 - $101.94
Q3 2014	387,850	$44,537	$99.26	$94.57 - $104.65
Q2 2014	401,440	$44,696	$94.25	$89.51 - $98.33
Q1 2014	397,984	$42,978	$91.92	$85.62 - $98.30
Q4 2013	444,915	$46,391	$90.95	$84.34 - $94.74
Q3 2013	448,735	$44,317	$81.20	$74.57 - $86.97
Q2 2013	451,605	$38,472	$73.48	$68.51 - $77.84