MGE ENERGY INC

Ticker: MGEE CUSIP: 55277P104 Class: EQTY

BlackRock, Inc.'s Holding History (CIK: 0002012383)

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

Q4 2025

Shares 5,719,942 Value ($000) $448,558 Avg Close $81.88 Range $77.46 - $87.44

Q3 2025

Shares 5,659,716 Value ($000) $476,435 Avg Close $84.55 Range $81.29 - $89.64

Q2 2025

Shares 5,683,819 Value ($000) $502,677 Avg Close $88.71 Range $82.64 - $92.70

Q1 2025

Shares 5,757,365 Value ($000) $535,205 Avg Close $89.24 Range $82.79 - $94.23

Q4 2024

Shares 5,968,411 Value ($000) $560,792 Avg Close $94.30 Range $85.20 - $106.47

Q3 2024

Shares 5,831,362 Value ($000) $533,278 Avg Close $83.06 Range $70.08 - $90.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,719,942	$448,558	$81.88	$77.46 - $87.44
Q3 2025	5,659,716	$476,435	$84.55	$81.29 - $89.64
Q2 2025	5,683,819	$502,677	$88.71	$82.64 - $92.70
Q1 2025	5,757,365	$535,205	$89.24	$82.79 - $94.23
Q4 2024	5,968,411	$560,792	$94.30	$85.20 - $106.47
Q3 2024	5,831,362	$533,278	$83.06	$70.08 - $90.80