FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

ROTHSCHILD INVESTMENT LLC's Holding History (CIK: 0000085338)

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

Q4 2025

Shares 8 Value ($000) $0 Avg Close $24.70 Range $22.57 - $28.14

Q3 2025

Shares 2 Value ($000) $0 Avg Close $25.30 Range $22.50 - $27.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	8	$0	$24.70	$22.57 - $28.14
Q3 2025	2	$0	$25.30	$22.50 - $27.73