FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

MARSHALL WACE, LLP's Holding History (CIK: 0001318757)

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

Q4 2025

Shares 37,696 Value ($000) $932 Avg Close $24.70 Range $22.57 - $28.14

Q3 2025

Shares 22,485 Value ($000) $562 Avg Close $25.30 Range $22.50 - $27.73

Q4 2022

Shares 11,098 Value ($000) $302 Avg Close $25.06 Range $22.39 - $27.41

Q3 2022

Shares 15,233 Value ($000) $410 Avg Close $26.33 Range $22.66 - $29.87

Q1 2019

Shares 781 Value ($000) $24 Avg Close $25.16 Range $21.48 - $31.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	37,696	$932	$24.70	$22.57 - $28.14
Q3 2025	22,485	$562	$25.30	$22.50 - $27.73
Q4 2022	11,098	$302	$25.06	$22.39 - $27.41
Q3 2022	15,233	$410	$26.33	$22.66 - $29.87
Q1 2019	781	$24	$25.16	$21.48 - $31.77