FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

Nuveen, LLC's Holding History (CIK: 0001871926)

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

Q4 2025

Shares 27,973 Value ($000) $691 Avg Close $24.70 Range $22.57 - $28.14

Q3 2025

Shares 27,973 Value ($000) $700 Avg Close $25.30 Range $22.50 - $27.73

Q2 2025

Shares 27,973 Value ($000) $707 Avg Close $23.36 Range $20.34 - $26.26

Q1 2025

Shares 34,179 Value ($000) $817 Avg Close $24.80 Range $21.86 - $28.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,973	$691	$24.70	$22.57 - $28.14
Q3 2025	27,973	$700	$25.30	$22.50 - $27.73
Q2 2025	27,973	$707	$23.36	$20.34 - $26.26
Q1 2025	34,179	$817	$24.80	$21.86 - $28.80