ISHARES INC

Ticker: EWP CUSIP: 464286764 Class: MSCI SPAIN ETF

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q1 2017
Shares 34,358 Value ($000) $1,045 Avg Close — Range —
Q4 2016
Shares 34,358 Value ($000) $911 Avg Close — Range —
Q3 2016
Shares 43,354 Value ($000) $1,163 Avg Close — Range —
Q2 2016
Shares 43,354 Value ($000) $1,083 Avg Close — Range —
Q1 2016
Shares 82,196 Value ($000) $2,234 Avg Close — Range —
Q4 2015
Shares 109,791 Value ($000) $3,104 Avg Close — Range —
Q3 2015
Shares 203,586 Value ($000) $6,038 Avg Close — Range —
Q2 2015
Shares 157,111 Value ($000) $5,271 Avg Close — Range —
Q1 2015
Shares 131,137 Value ($000) $4,561 Avg Close — Range —
Q4 2014
Shares 144,879 Value ($000) $5,017 Avg Close — Range —
Q3 2014
Shares 144,879 Value ($000) $5,636 Avg Close — Range —
Q2 2014
Shares 106,110 Value ($000) $4,544 Avg Close — Range —
Q1 2014
Shares 58,400 Value ($000) $2,383 Avg Close — Range —
Q4 2013
Shares 58,400 Value ($000) $2,252 Avg Close — Range —