ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2025

Shares 98,296 Value ($000) $25,805 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 102,158 Value ($000) $27,977 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 105,654 Value ($000) $28,467 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 108,874 Value ($000) $27,602 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 113,556 Value ($000) $26,608 Avg Close $245.53 Range $230.70 - $259.26

Q3 2024

Shares 115,820 Value ($000) $29,572 Avg Close $241.07 Range $217.65 - $253.31

Q2 2024

Shares 117,757 Value ($000) $28,026 Avg Close $227.14 Range $213.29 - $242.24

Q1 2024

Shares 118,739 Value ($000) $27,417 Avg Close $207.94 Range $189.63 - $227.85

Q4 2023

Shares 121,371 Value ($000) $24,074 Avg Close $175.85 Range $153.18 - $197.06

Q3 2023

Shares 122,100 Value ($000) $20,684 Avg Close $177.30 Range $163.22 - $186.52

Q2 2023

Shares 122,057 Value ($000) $22,787 Avg Close $167.31 Range $156.95 - $182.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	98,296	$25,805	$265.71	$251.04 - $281.41
Q3 2025	102,158	$27,977	$270.32	$253.71 - $284.56
Q2 2025	105,654	$28,467	$252.35	$219.93 - $269.19
Q1 2025	108,874	$27,602	$249.61	$225.31 - $270.90
Q4 2024	113,556	$26,608	$245.53	$230.70 - $259.26
Q3 2024	115,820	$29,572	$241.07	$217.65 - $253.31
Q2 2024	117,757	$28,026	$227.14	$213.29 - $242.24
Q1 2024	118,739	$27,417	$207.94	$189.63 - $227.85
Q4 2023	121,371	$24,074	$175.85	$153.18 - $197.06
Q3 2023	122,100	$20,684	$177.30	$163.22 - $186.52
Q2 2023	122,057	$22,787	$167.31	$156.95 - $182.94