HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

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

Q4 2025

Shares 8,791 Value ($000) $167 Avg Close $20.26 Range $17.23 - $24.70

Q3 2025

Shares 8,791 Value ($000) $172 Avg Close $17.18 Range $14.87 - $22.01

Q2 2025

Shares 7,774 Value ($000) $123 Avg Close $15.45 Range $9.25 - $19.71

Q1 2025

Shares 5,911 Value ($000) $73 Avg Close $11.23 Range $8.37 - $13.68

Q4 2024

Shares 5,911 Value ($000) $68 Avg Close $11.17 Range $8.13 - $14.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	8,791	$167	$20.26	$17.23 - $24.70
Q3 2025	8,791	$172	$17.18	$14.87 - $22.01
Q2 2025	7,774	$123	$15.45	$9.25 - $19.71
Q1 2025	5,911	$73	$11.23	$8.37 - $13.68
Q4 2024	5,911	$68	$11.17	$8.13 - $14.00