ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

BLI - Banque de Luxembourg Investments's Holding History (CIK: 0002052594)

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

Q4 2025

Shares 640 Value ($000) $169 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 2,700 Value ($000) $737 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 4,100 Value ($000) $1,096 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 9,100 Value ($000) $2,266 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 13,900 Value ($000) $3,257 Avg Close $245.53 Range $230.70 - $259.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	640	$169	$265.71	$251.04 - $281.41
Q3 2025	2,700	$737	$270.32	$253.71 - $284.56
Q2 2025	4,100	$1,096	$252.35	$219.93 - $269.19
Q1 2025	9,100	$2,266	$249.61	$225.31 - $270.90
Q4 2024	13,900	$3,257	$245.53	$230.70 - $259.26