ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q4 2017
Shares 2,000 Value ($000) $268 Avg Close $121.85 Range $117.53 - $126.30
Q3 2017
Shares 2,000 Value ($000) $257 Avg Close $120.10 Range $116.11 - $122.59
Q2 2017
Shares 1,000 Value ($000) $133 Avg Close $117.68 Range $113.27 - $123.01