KADANT INC

Ticker: KAI CUSIP: 48282T104 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2020

Shares 7,860 Value ($000) $587 Avg Close $91.51 Range $50.93 - $110.21

Q4 2019

Shares 7,860 Value ($000) $828 Avg Close $91.54 Range $79.02 - $104.29

Q3 2019

Shares 7,860 Value ($000) $690 Avg Close $82.43 Range $74.69 - $91.31

Q2 2019

Shares 7,860 Value ($000) $714 Avg Close $86.19 Range $77.07 - $98.29

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	7,860	$587	$91.51	$50.93 - $110.21
Q4 2019	7,860	$828	$91.54	$79.02 - $104.29
Q3 2019	7,860	$690	$82.43	$74.69 - $91.31
Q2 2019	7,860	$714	$86.19	$77.07 - $98.29