FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

SBI Securities Co., Ltd.'s Holding History (CIK: 0001851815)

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

Q2 2025

Shares 1 Value ($000) $0 Avg Close $23.36 Range $20.34 - $26.26

Q1 2025

Shares 1 Value ($000) $0 Avg Close $24.80 Range $21.86 - $28.80

Q4 2024

Shares 1 Value ($000) $0 Avg Close $28.62 Range $24.26 - $32.69

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	1	$0	$23.36	$20.34 - $26.26
Q1 2025	1	$0	$24.80	$21.86 - $28.80
Q4 2024	1	$0	$28.62	$24.26 - $32.69