EVOLUTION PETROLEUM CORP

Ticker: EPM CUSIP: 30049A107 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 22,222 Value ($000) $79 Avg Close $4.12 Range $3.51 - $4.88

Q3 2025

Shares 18,239 Value ($000) $88 Avg Close $4.74 Range $4.35 - $5.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,222	$79	$4.12	$3.51 - $4.88
Q3 2025	18,239	$88	$4.74	$4.35 - $5.41