FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

BlackRock, Inc.'s Holding History (CIK: 0002012383)

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

Q4 2025

Shares 948,810 Value ($000) $23,455 Avg Close $24.70 Range $22.57 - $28.14

Q3 2025

Shares 932,340 Value ($000) $23,318 Avg Close $25.30 Range $22.50 - $27.73

Q2 2025

Shares 904,594 Value ($000) $22,868 Avg Close $23.36 Range $20.34 - $26.26

Q1 2025

Shares 931,893 Value ($000) $22,282 Avg Close $24.80 Range $21.86 - $28.80

Q4 2024

Shares 948,381 Value ($000) $27,930 Avg Close $28.62 Range $24.26 - $32.69

Q3 2024

Shares 927,508 Value ($000) $25,646 Avg Close $24.40 Range $19.82 - $27.29

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	948,810	$23,455	$24.70	$22.57 - $28.14
Q3 2025	932,340	$23,318	$25.30	$22.50 - $27.73
Q2 2025	904,594	$22,868	$23.36	$20.34 - $26.26
Q1 2025	931,893	$22,282	$24.80	$21.86 - $28.80
Q4 2024	948,381	$27,930	$28.62	$24.26 - $32.69
Q3 2024	927,508	$25,646	$24.40	$19.82 - $27.29