ELEMENT SOLUTIONS INC

Ticker: ESI CUSIP: 28618M106 Class: Common Stock

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q2 2020

Shares 412,633 Value ($000) $6,078 Avg Close $9.34 Range $7.04 - $11.39

Q1 2020

Shares 401,233 Value ($000) $4,721 Avg Close $9.89 Range $4.98 - $11.85

Q4 2019

Shares 401,233 Value ($000) $6,084 Avg Close $10.27 Range $8.65 - $11.57

Q3 2019

Shares 401,233 Value ($000) $4,221 Avg Close $9.15 Range $7.95 - $10.15

Q2 2019

Shares 766,033 Value ($000) $7,748 Avg Close $9.80 Range $8.74 - $10.64

Q1 2019

Shares 905,900 Value ($000) $13,539 Avg Close $10.31 Range $9.00 - $11.16

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	412,633	$6,078	$9.34	$7.04 - $11.39
Q1 2020	401,233	$4,721	$9.89	$4.98 - $11.85
Q4 2019	401,233	$6,084	$10.27	$8.65 - $11.57
Q3 2019	401,233	$4,221	$9.15	$7.95 - $10.15
Q2 2019	766,033	$7,748	$9.80	$8.74 - $10.64
Q1 2019	905,900	$13,539	$10.31	$9.00 - $11.16