GALIANO GOLD INC

Ticker: GAU CUSIP: 36352H100 Class: COM

Pale Fire Capital SE's Holding History (CIK: 0001922318)

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

Q4 2025

Shares 7,914,409 Value ($000) $20,023 Avg Close $2.47 Range $1.94 - $3.12

Q3 2025

Shares 6,655,735 Value ($000) $14,576 Avg Close $1.87 Range $1.26 - $2.72

Q2 2025

Shares 6,011,627 Value ($000) $7,635 Avg Close $1.36 Range $1.00 - $1.66

Q1 2025

Shares 3,596,097 Value ($000) $4,459 Avg Close $1.23 Range $1.07 - $1.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	7,914,409	$20,023	$2.47	$1.94 - $3.12
Q3 2025	6,655,735	$14,576	$1.87	$1.26 - $2.72
Q2 2025	6,011,627	$7,635	$1.36	$1.00 - $1.66
Q1 2025	3,596,097	$4,459	$1.23	$1.07 - $1.43