MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Mitsubishi UFJ Kokusai Asset Management Co., Ltd.'s Holding History (CIK: 0001466546)

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

Q4 2025

Shares 12,484 Value ($000) $26,595 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 11,752 Value ($000) $22,462 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 10,825 Value ($000) $21,621 Avg Close $1875.20 Range $1621.89 - $2004.24

Q1 2025

Shares 10,030 Value ($000) $18,752 Avg Close $1839.75 Range $1641.51 - $2063.68

Q4 2024

Shares 9,332 Value ($000) $15,986 Avg Close $1659.34 Range $1521.25 - $1809.11

Q3 2024

Shares 8,605 Value ($000) $13,498 Avg Close $1565.15 Range $1491.03 - $1660.74

Q2 2024

Shares 8,189 Value ($000) $12,903 Avg Close $1552.86 Range $1417.65 - $1670.24

Q1 2024

Shares 7,600 Value ($000) $11,563 Avg Close $1466.28 Range $1342.66 - $1534.62

Q4 2023

Shares 5,771 Value ($000) $8,243 Avg Close $1418.73 Range $1295.65 - $1528.08

Q3 2023

Shares 5,238 Value ($000) $7,713 Avg Close $1463.82 Range $1345.00 - $1560.00

Q2 2023

Shares 4,849 Value ($000) $6,707 Avg Close $1340.97 Range $1272.43 - $1400.00

Q1 2023

Shares 4,453 Value ($000) $5,688 Avg Close $1328.48 Range $1186.56 - $1458.56

Q4 2022

Shares 4,471 Value ($000) $5,911 Avg Close $1237.05 Range $1085.09 - $1356.37

Q3 2022

Shares 3,832 Value ($000) $4,155 Avg Close $1220.12 Range $1064.09 - $1335.10

Q2 2022

Shares 3,566 Value ($000) $4,612 Avg Close $1372.21 Range $1251.77 - $1519.25

Q1 2022

Shares 3,309 Value ($000) $4,882 Avg Close $1291.81 Range $1180.00 - $1513.00

Q4 2021

Shares 3,375 Value ($000) $4,129 Avg Close $1261.86 Range $1179.00 - $1343.56

Q3 2021

Shares 3,000 Value ($000) $3,585 Avg Close $1232.92 Range $1175.35 - $1288.00

Q2 2021

Shares 3,000 Value ($000) $3,560 Avg Close $1198.75 Range $1138.00 - $1268.96

Q1 2021

Shares 3,060 Value ($000) $3,487 Avg Close $1078.65 Range $942.44 - $1169.50

Q4 2020

Shares 2,901 Value ($000) $2,998 Avg Close $996.82 Range $913.04 - $1073.43

Q3 2020

Shares 3,005 Value ($000) $2,926 Avg Close $1015.77 Range $881.00 - $1124.00

Q2 2020

Shares 2,581 Value ($000) $2,383 Avg Close $908.95 Range $761.06 - $1049.56

Q1 2020

Shares 2,107 Value ($000) $1,955 Avg Close $1143.50 Range $710.52 - $1347.64

Q4 2019

Shares 2,460 Value ($000) $2,857 Avg Close $1138.97 Range $1100.00 - $1216.47

Q3 2019

Shares 2,157 Value ($000) $2,549 Avg Close $1136.16 Range $1065.01 - $1204.45

Q2 2019

Shares 2,145 Value ($000) $2,337 Avg Close $1047.93 Range $970.42 - $1099.00

Q1 2019

Shares 2,212 Value ($000) $2,204 Avg Close $1015.52 Range $950.16 - $1081.00

Q4 2018

Shares 2,119 Value ($000) $2,135 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2018

Shares 2,401 Value ($000) $2,854 Avg Close $1176.81 Range $1078.02 - $1228.32

Q2 2018

Shares 2,277 Value ($000) $2,469 Avg Close $1129.38 Range $1083.92 - $1180.00

Q1 2018

Shares 2,337 Value ($000) $2,735 Avg Close $1125.56 Range $1049.95 - $1194.98

Q4 2017

Shares 2,470 Value ($000) $2,766 Avg Close $1093.18 Range $1054.20 - $1157.30

Q3 2017

Shares 2,597 Value ($000) $2,774 Avg Close $1034.02 Range $963.79 - $1086.68

Q2 2017

Shares 2,495 Value ($000) $2,435 Avg Close $970.65 Range $936.95 - $996.38

Q1 2017

Shares 2,807 Value ($000) $2,739 Avg Close $945.13 Range $887.40 - $992.00

Q4 2016

Shares 2,840 Value ($000) $2,592 Avg Close $891.63 Range $811.05 - $931.94

Q3 2016

Shares 2,208 Value ($000) $2,051 Avg Close $933.01 Range $909.84 - $961.78

Q2 2016

Shares 2,175 Value ($000) $2,072 Avg Close $931.24 Range $880.01 - $989.18

Q1 2016

Shares 2,120 Value ($000) $1,890 Avg Close $859.54 Range $805.03 - $895.03

Q4 2015

Shares 1,961 Value ($000) $1,732 Avg Close $870.15 Range $791.97 - $937.91

Q3 2015

Shares 333 Value ($000) $267 Avg Close $846.01 Range $775.00 - $898.08

Q2 2015

Shares 309 Value ($000) $247 Avg Close $777.66 Range $736.96 - $821.00

Q1 2015

Shares 325 Value ($000) $250 Avg Close $722.91 Range $660.05 - $783.50

Q4 2014

Shares 340 Value ($000) $232 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 350 Value ($000) $223 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 380 Value ($000) $249 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 390 Value ($000) $232 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 400 Value ($000) $231 Avg Close $542.65 Range $511.06 - $582.59

Q3 2013

Shares 400 Value ($000) $207 Avg Close $525.40 Range $506.64 - $549.09

Q2 2013

Shares 445 Value ($000) $234 Avg Close $523.59 Range $501.76 - $546.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,484	$26,595	$2025.92	$1812.24 - $2207.59
Q3 2025	11,752	$22,462	$1960.42	$1889.91 - $2075.92
Q2 2025	10,825	$21,621	$1875.20	$1621.89 - $2004.24
Q1 2025	10,030	$18,752	$1839.75	$1641.51 - $2063.68
Q4 2024	9,332	$15,986	$1659.34	$1521.25 - $1809.11
Q3 2024	8,605	$13,498	$1565.15	$1491.03 - $1660.74
Q2 2024	8,189	$12,903	$1552.86	$1417.65 - $1670.24
Q1 2024	7,600	$11,563	$1466.28	$1342.66 - $1534.62
Q4 2023	5,771	$8,243	$1418.73	$1295.65 - $1528.08
Q3 2023	5,238	$7,713	$1463.82	$1345.00 - $1560.00
Q2 2023	4,849	$6,707	$1340.97	$1272.43 - $1400.00
Q1 2023	4,453	$5,688	$1328.48	$1186.56 - $1458.56
Q4 2022	4,471	$5,911	$1237.05	$1085.09 - $1356.37
Q3 2022	3,832	$4,155	$1220.12	$1064.09 - $1335.10
Q2 2022	3,566	$4,612	$1372.21	$1251.77 - $1519.25
Q1 2022	3,309	$4,882	$1291.81	$1180.00 - $1513.00
Q4 2021	3,375	$4,129	$1261.86	$1179.00 - $1343.56
Q3 2021	3,000	$3,585	$1232.92	$1175.35 - $1288.00
Q2 2021	3,000	$3,560	$1198.75	$1138.00 - $1268.96
Q1 2021	3,060	$3,487	$1078.65	$942.44 - $1169.50
Q4 2020	2,901	$2,998	$996.82	$913.04 - $1073.43
Q3 2020	3,005	$2,926	$1015.77	$881.00 - $1124.00
Q2 2020	2,581	$2,383	$908.95	$761.06 - $1049.56
Q1 2020	2,107	$1,955	$1143.50	$710.52 - $1347.64
Q4 2019	2,460	$2,857	$1138.97	$1100.00 - $1216.47
Q3 2019	2,157	$2,549	$1136.16	$1065.01 - $1204.45
Q2 2019	2,145	$2,337	$1047.93	$970.42 - $1099.00
Q1 2019	2,212	$2,204	$1015.52	$950.16 - $1081.00
Q4 2018	2,119	$2,135	$1093.58	$954.39 - $1203.43
Q3 2018	2,401	$2,854	$1176.81	$1078.02 - $1228.32
Q2 2018	2,277	$2,469	$1129.38	$1083.92 - $1180.00
Q1 2018	2,337	$2,735	$1125.56	$1049.95 - $1194.98
Q4 2017	2,470	$2,766	$1093.18	$1054.20 - $1157.30
Q3 2017	2,597	$2,774	$1034.02	$963.79 - $1086.68
Q2 2017	2,495	$2,435	$970.65	$936.95 - $996.38
Q1 2017	2,807	$2,739	$945.13	$887.40 - $992.00
Q4 2016	2,840	$2,592	$891.63	$811.05 - $931.94
Q3 2016	2,208	$2,051	$933.01	$909.84 - $961.78
Q2 2016	2,175	$2,072	$931.24	$880.01 - $989.18
Q1 2016	2,120	$1,890	$859.54	$805.03 - $895.03
Q4 2015	1,961	$1,732	$870.15	$791.97 - $937.91
Q3 2015	333	$267	$846.01	$775.00 - $898.08
Q2 2015	309	$247	$777.66	$736.96 - $821.00
Q1 2015	325	$250	$722.91	$660.05 - $783.50
Q4 2014	340	$232	$678.17	$632.65 - $707.36
Q3 2014	350	$223	$645.09	$623.90 - $666.00
Q2 2014	380	$249	$630.07	$593.76 - $655.75
Q1 2014	390	$232	$569.59	$527.17 - $596.87
Q4 2013	400	$231	$542.65	$511.06 - $582.59
Q3 2013	400	$207	$525.40	$506.64 - $549.09
Q2 2013	445	$234	$523.59	$501.76 - $546.94