ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

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

Q4 2025

Shares 744,957 Value ($000) $195,566 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 900,067 Value ($000) $246,492 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 870,838 Value ($000) $234,639 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 915,214 Value ($000) $232,025 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 1,058,898 Value ($000) $248,121 Avg Close $245.53 Range $230.70 - $259.26

Q3 2024

Shares 1,004,652 Value ($000) $256,518 Avg Close $241.07 Range $217.65 - $253.31

Q2 2024

Shares 627,983 Value ($000) $149,460 Avg Close $227.14 Range $213.29 - $242.24

Q1 2024

Shares 584,304 Value ($000) $134,916 Avg Close $207.94 Range $189.63 - $227.85

Q4 2023

Shares 593,567 Value ($000) $117,734 Avg Close $175.85 Range $153.18 - $197.06

Q3 2023

Shares 597,094 Value ($000) $101,148 Avg Close $177.30 Range $163.22 - $186.52

Q2 2023

Shares 639,847 Value ($000) $119,453 Avg Close $167.31 Range $156.95 - $182.94

Q1 2023

Shares 694,074 Value ($000) $114,890 Avg Close $150.99 Range $139.35 - $161.29

Q4 2022

Shares 674,906 Value ($000) $98,239 Avg Close $141.81 Range $126.42 - $153.48

Q3 2022

Shares 772,037 Value ($000) $111,498 Avg Close $156.07 Range $138.29 - $171.23

Q2 2022

Shares 782,808 Value ($000) $120,364 Avg Close $158.99 Range $137.82 - $177.76

Q1 2022

Shares 987,973 Value ($000) $174,436 Avg Close $179.54 Range $147.91 - $226.74

Q4 2021

Shares 856,473 Value ($000) $200,919 Avg Close $215.53 Range $199.33 - $227.72

Q3 2021

Shares 1,017,285 Value ($000) $212,225 Avg Close $208.54 Range $195.25 - $219.93

Q2 2021

Shares 970,214 Value ($000) $199,837 Avg Close $206.33 Range $194.28 - $218.25

Q1 2021

Shares 966,243 Value ($000) $206,843 Avg Close $201.55 Range $190.45 - $215.84

Q4 2020

Shares 911,061 Value ($000) $197,118 Avg Close $197.47 Range $171.24 - $214.73

Q3 2020

Shares 839,223 Value ($000) $167,708 Avg Close $188.44 Range $172.53 - $201.15

Q2 2020

Shares 758,418 Value ($000) $150,886 Avg Close $182.16 Range $136.65 - $217.57

Q1 2020

Shares 570,089 Value ($000) $88,835 Avg Close $176.33 Range $117.17 - $198.13

Q4 2019

Shares 892,776 Value ($000) $172,289 Avg Close $177.67 Range $169.74 - $186.58

Q3 2019

Shares 835,740 Value ($000) $165,502 Avg Close $187.16 Range $179.22 - $195.89

Q2 2019

Shares 625,760 Value ($000) $123,539 Avg Close $173.21 Range $164.99 - $187.12

Q1 2019

Shares 654,394 Value ($000) $115,514 Avg Close $150.92 Range $131.24 - $169.66

Q4 2018

Shares 774,376 Value ($000) $114,095 Avg Close $141.48 Range $126.10 - $150.86

Q3 2018

Shares 513,409 Value ($000) $80,482 Avg Close $137.00 Range $128.06 - $148.09

Q2 2018

Shares 717,987 Value ($000) $100,747 Avg Close $132.91 Range $122.30 - $138.58

Q1 2018

Shares 1,064,392 Value ($000) $145,885 Avg Close $123.54 Range $115.47 - $129.02

Q4 2017

Shares 697,421 Value ($000) $93,571 Avg Close $121.85 Range $117.53 - $126.30

Q3 2017

Shares 689,554 Value ($000) $88,678 Avg Close $120.10 Range $116.11 - $122.59

Q2 2017

Shares 677,202 Value ($000) $89,892 Avg Close $117.68 Range $113.27 - $123.01

Q1 2017

Shares 1,088,077 Value ($000) $136,372 Avg Close $111.04 Range $106.47 - $114.69

Q4 2016

Shares 825,190 Value ($000) $96,720 Avg Close $105.98 Range $100.13 - $110.74

Q3 2016

Shares 990,393 Value ($000) $120,543 Avg Close $108.98 Range $105.46 - $112.42

Q2 2016

Shares 958,943 Value ($000) $113,724 Avg Close $104.92 Range $98.81 - $109.58

Q1 2016

Shares 1,521,462 Value ($000) $169,666 Avg Close $95.34 Range $88.43 - $102.02

Q4 2015

Shares 1,744,186 Value ($000) $199,491 Avg Close $105.21 Range $98.01 - $109.49

Q3 2015

Shares 1,982,415 Value ($000) $217,504 Avg Close $99.79 Range $91.88 - $104.89

Q2 2015

Shares 2,497,320 Value ($000) $282,366 Avg Close $102.25 Range $97.79 - $105.41

Q1 2015

Shares 2,583,612 Value ($000) $295,505 Avg Close $97.19 Range $86.65 - $103.73

Q4 2014

Shares 2,057,405 Value ($000) $215,033 Avg Close $96.70 Range $89.74 - $101.94

Q3 2014

Shares 2,034,478 Value ($000) $233,610 Avg Close $99.26 Range $94.57 - $104.65

Q2 2014

Shares 2,006,044 Value ($000) $223,345 Avg Close $94.25 Range $89.51 - $98.33

Q1 2014

Shares 1,488,110 Value ($000) $160,694 Avg Close $91.92 Range $85.62 - $98.30

Q4 2013

Shares 1,563,336 Value ($000) $163,001 Avg Close $90.95 Range $84.34 - $94.74

Q3 2013

Shares 1,589,099 Value ($000) $156,930 Avg Close $81.20 Range $74.57 - $86.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	744,957	$195,566	$265.71	$251.04 - $281.41
Q3 2025	900,067	$246,492	$270.32	$253.71 - $284.56
Q2 2025	870,838	$234,639	$252.35	$219.93 - $269.19
Q1 2025	915,214	$232,025	$249.61	$225.31 - $270.90
Q4 2024	1,058,898	$248,121	$245.53	$230.70 - $259.26
Q3 2024	1,004,652	$256,518	$241.07	$217.65 - $253.31
Q2 2024	627,983	$149,460	$227.14	$213.29 - $242.24
Q1 2024	584,304	$134,916	$207.94	$189.63 - $227.85
Q4 2023	593,567	$117,734	$175.85	$153.18 - $197.06
Q3 2023	597,094	$101,148	$177.30	$163.22 - $186.52
Q2 2023	639,847	$119,453	$167.31	$156.95 - $182.94
Q1 2023	694,074	$114,890	$150.99	$139.35 - $161.29
Q4 2022	674,906	$98,239	$141.81	$126.42 - $153.48
Q3 2022	772,037	$111,498	$156.07	$138.29 - $171.23
Q2 2022	782,808	$120,364	$158.99	$137.82 - $177.76
Q1 2022	987,973	$174,436	$179.54	$147.91 - $226.74
Q4 2021	856,473	$200,919	$215.53	$199.33 - $227.72
Q3 2021	1,017,285	$212,225	$208.54	$195.25 - $219.93
Q2 2021	970,214	$199,837	$206.33	$194.28 - $218.25
Q1 2021	966,243	$206,843	$201.55	$190.45 - $215.84
Q4 2020	911,061	$197,118	$197.47	$171.24 - $214.73
Q3 2020	839,223	$167,708	$188.44	$172.53 - $201.15
Q2 2020	758,418	$150,886	$182.16	$136.65 - $217.57
Q1 2020	570,089	$88,835	$176.33	$117.17 - $198.13
Q4 2019	892,776	$172,289	$177.67	$169.74 - $186.58
Q3 2019	835,740	$165,502	$187.16	$179.22 - $195.89
Q2 2019	625,760	$123,539	$173.21	$164.99 - $187.12
Q1 2019	654,394	$115,514	$150.92	$131.24 - $169.66
Q4 2018	774,376	$114,095	$141.48	$126.10 - $150.86
Q3 2018	513,409	$80,482	$137.00	$128.06 - $148.09
Q2 2018	717,987	$100,747	$132.91	$122.30 - $138.58
Q1 2018	1,064,392	$145,885	$123.54	$115.47 - $129.02
Q4 2017	697,421	$93,571	$121.85	$117.53 - $126.30
Q3 2017	689,554	$88,678	$120.10	$116.11 - $122.59
Q2 2017	677,202	$89,892	$117.68	$113.27 - $123.01
Q1 2017	1,088,077	$136,372	$111.04	$106.47 - $114.69
Q4 2016	825,190	$96,720	$105.98	$100.13 - $110.74
Q3 2016	990,393	$120,543	$108.98	$105.46 - $112.42
Q2 2016	958,943	$113,724	$104.92	$98.81 - $109.58
Q1 2016	1,521,462	$169,666	$95.34	$88.43 - $102.02
Q4 2015	1,744,186	$199,491	$105.21	$98.01 - $109.49
Q3 2015	1,982,415	$217,504	$99.79	$91.88 - $104.89
Q2 2015	2,497,320	$282,366	$102.25	$97.79 - $105.41
Q1 2015	2,583,612	$295,505	$97.19	$86.65 - $103.73
Q4 2014	2,057,405	$215,033	$96.70	$89.74 - $101.94
Q3 2014	2,034,478	$233,610	$99.26	$94.57 - $104.65
Q2 2014	2,006,044	$223,345	$94.25	$89.51 - $98.33
Q1 2014	1,488,110	$160,694	$91.92	$85.62 - $98.30
Q4 2013	1,563,336	$163,001	$90.95	$84.34 - $94.74
Q3 2013	1,589,099	$156,930	$81.20	$74.57 - $86.97