FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

Inspire Investing, LLC's Holding History (CIK: 0001670139)

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

Q2 2025

Shares 15,229 Value ($000) $385 Avg Close $23.36 Range $20.34 - $26.26

Q1 2025

Shares 14,344 Value ($000) $343 Avg Close $24.80 Range $21.86 - $28.80

Q4 2024

Shares 14,095 Value ($000) $415 Avg Close $28.62 Range $24.26 - $32.69

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	15,229	$385	$23.36	$20.34 - $26.26
Q1 2025	14,344	$343	$24.80	$21.86 - $28.80
Q4 2024	14,095	$415	$28.62	$24.26 - $32.69