KADANT INC

Ticker: KAI CUSIP: 48282T104 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 1,079 Value ($000) $308 Avg Close $283.73 Range $244.59 - $312.10

Q3 2025

Shares 855 Value ($000) $255 Avg Close $325.46 Range $292.63 - $369.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,079	$308	$283.73	$244.59 - $312.10
Q3 2025	855	$255	$325.46	$292.63 - $369.12