HAWTHORN BANCSHARES INC

Ticker: HWBK CUSIP: 420476103 Class: Common Stock

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

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

Q4 2025

Shares 1 Value ($000) $0 Avg Close $32.00 Range $29.39 - $36.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1	$0	$32.00	$29.39 - $36.49