FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

KEYBANK NATIONAL ASSOCIATION/OH's Holding History (CIK: 0001089877)

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

Q2 2025

Shares 40,149 Value ($000) $1,015 Avg Close $23.36 Range $20.34 - $26.26

Q1 2025

Shares 40,336 Value ($000) $964 Avg Close $24.80 Range $21.86 - $28.80

Q4 2024

Shares 40,709 Value ($000) $1,199 Avg Close $28.62 Range $24.26 - $32.69

Q3 2024

Shares 40,896 Value ($000) $1,131 Avg Close $24.40 Range $19.82 - $27.29

Q2 2024

Shares 40,896 Value ($000) $950 Avg Close $20.32 Range $18.47 - $23.48

Q1 2024

Shares 40,896 Value ($000) $912 Avg Close $20.12 Range $17.68 - $23.54

Q4 2023

Shares 40,896 Value ($000) $1,014 Avg Close $18.30 Range $15.52 - $25.81

Q3 2023

Shares 39,776 Value ($000) $697 Avg Close $18.51 Range $15.55 - $22.58

Q2 2023

Shares 39,776 Value ($000) $895 Avg Close $19.87 Range $16.05 - $22.71

Q1 2023

Shares 39,776 Value ($000) $967 Avg Close $23.52 Range $19.41 - $27.30

Q4 2022

Shares 39,776 Value ($000) $1,081 Avg Close $25.06 Range $22.39 - $27.41

Q3 2022

Shares 39,776 Value ($000) $1,069 Avg Close $26.33 Range $22.66 - $29.87

Q2 2022

Shares 39,776 Value ($000) $1,320 Avg Close $32.71 Range $28.14 - $36.97

Q1 2022

Shares 39,776 Value ($000) $1,438 Avg Close $29.08 Range $26.65 - $32.70

Q4 2021

Shares 39,776 Value ($000) $1,306 Avg Close $23.61 Range $19.43 - $28.77

Q3 2021

Shares 39,776 Value ($000) $891 Avg Close $19.27 Range $18.30 - $20.36

Q2 2021

Shares 39,776 Value ($000) $868 Avg Close $19.47 Range $18.16 - $21.84

Q1 2021

Shares 39,776 Value ($000) $1,000 Avg Close $20.76 Range $17.86 - $23.39

Q4 2020

Shares 39,776 Value ($000) $915 Avg Close $18.56 Range $16.42 - $20.89

Q3 2020

Shares 39,776 Value ($000) $796 Avg Close $17.76 Range $16.29 - $19.37

Q2 2020

Shares 39,776 Value ($000) $845 Avg Close $18.31 Range $15.12 - $24.33

Q1 2020

Shares 14,371 Value ($000) $372 Avg Close $22.55 Range $14.32 - $25.39

Q4 2018

Shares 6,160 Value ($000) $237 Avg Close $32.90 Range $27.77 - $37.64

Q3 2018

Shares 6,160 Value ($000) $262 Avg Close $35.48 Range $30.39 - $38.85

Q2 2018

Shares 6,160 Value ($000) $249 Avg Close $33.65 Range $30.96 - $39.84

Q1 2018

Shares 6,160 Value ($000) $249 Avg Close $31.01 Range $27.50 - $34.16

Q4 2017

Shares 6,160 Value ($000) $251 Avg Close $31.15 Range $27.30 - $34.85

Q3 2017

Shares 6,160 Value ($000) $225 Avg Close $25.60 Range $21.35 - $34.64

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	40,149	$1,015	$23.36	$20.34 - $26.26
Q1 2025	40,336	$964	$24.80	$21.86 - $28.80
Q4 2024	40,709	$1,199	$28.62	$24.26 - $32.69
Q3 2024	40,896	$1,131	$24.40	$19.82 - $27.29
Q2 2024	40,896	$950	$20.32	$18.47 - $23.48
Q1 2024	40,896	$912	$20.12	$17.68 - $23.54
Q4 2023	40,896	$1,014	$18.30	$15.52 - $25.81
Q3 2023	39,776	$697	$18.51	$15.55 - $22.58
Q2 2023	39,776	$895	$19.87	$16.05 - $22.71
Q1 2023	39,776	$967	$23.52	$19.41 - $27.30
Q4 2022	39,776	$1,081	$25.06	$22.39 - $27.41
Q3 2022	39,776	$1,069	$26.33	$22.66 - $29.87
Q2 2022	39,776	$1,320	$32.71	$28.14 - $36.97
Q1 2022	39,776	$1,438	$29.08	$26.65 - $32.70
Q4 2021	39,776	$1,306	$23.61	$19.43 - $28.77
Q3 2021	39,776	$891	$19.27	$18.30 - $20.36
Q2 2021	39,776	$868	$19.47	$18.16 - $21.84
Q1 2021	39,776	$1,000	$20.76	$17.86 - $23.39
Q4 2020	39,776	$915	$18.56	$16.42 - $20.89
Q3 2020	39,776	$796	$17.76	$16.29 - $19.37
Q2 2020	39,776	$845	$18.31	$15.12 - $24.33
Q1 2020	14,371	$372	$22.55	$14.32 - $25.39
Q4 2018	6,160	$237	$32.90	$27.77 - $37.64
Q3 2018	6,160	$262	$35.48	$30.39 - $38.85
Q2 2018	6,160	$249	$33.65	$30.96 - $39.84
Q1 2018	6,160	$249	$31.01	$27.50 - $34.16
Q4 2017	6,160	$251	$31.15	$27.30 - $34.85
Q3 2017	6,160	$225	$25.60	$21.35 - $34.64