THE LION ELECTRIC COMPANY

Ticker: LEVGQ CUSIP: 536221104 Class: COMMON STOCK

Pembroke Management, LTD's Holding History (CIK: 0001063497)

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

Q1 2022

Shares 600,720 Value ($000) $6,308 Avg Close $8.50 Range $6.77 - $10.18

Q4 2021

Shares 581,582 Value ($000) $7,270 Avg Close $11.26 Range $8.82 - $14.77

Q3 2021

Shares 598,996 Value ($000) $9,614 Avg Close $13.97 Range $10.90 - $19.90

Q2 2021

Shares 102,339 Value ($000) $2,478 Avg Close $17.92 Range $12.76 - $23.45

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2022	600,720	$6,308	$8.50	$6.77 - $10.18
Q4 2021	581,582	$7,270	$11.26	$8.82 - $14.77
Q3 2021	598,996	$9,614	$13.97	$10.90 - $19.90
Q2 2021	102,339	$2,478	$17.92	$12.76 - $23.45