GOLUB CAP BDC INC

Ticker: GBDC CUSIP: 38173M102 Class: COM

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 1,363,944 Value ($000) $18,509 Avg Close $13.54 Range $12.90 - $14.02

Q3 2025

Shares 1,296,257 Value ($000) $17,746 Avg Close $14.01 Range $13.21 - $14.80

Q2 2025

Shares 1,310,340 Value ($000) $19,196 Avg Close $13.49 Range $11.70 - $14.15

Q1 2025

Shares 1,374,377 Value ($000) $20,808 Avg Close $13.93 Range $13.31 - $14.40

Q4 2024

Shares 1,348,047 Value ($000) $20,436 Avg Close $13.42 Range $12.92 - $13.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,363,944	$18,509	$13.54	$12.90 - $14.02
Q3 2025	1,296,257	$17,746	$14.01	$13.21 - $14.80
Q2 2025	1,310,340	$19,196	$13.49	$11.70 - $14.15
Q1 2025	1,374,377	$20,808	$13.93	$13.31 - $14.40
Q4 2024	1,348,047	$20,436	$13.42	$12.92 - $13.85