MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Select Equity Group, L.P.'s Holding History (CIK: 0001592643)

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

Q4 2025

Shares 427,882 Value ($000) $919,797 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 382,732 Value ($000) $731,539 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 336,369 Value ($000) $671,850 Avg Close $1875.20 Range $1621.89 - $2004.24

Q1 2025

Shares 191,223 Value ($000) $357,512 Avg Close $1839.75 Range $1641.51 - $2063.68

Q2 2024

Shares 12,662 Value ($000) $19,951 Avg Close $1552.86 Range $1417.65 - $1670.24

Q1 2024

Shares 52,788 Value ($000) $80,316 Avg Close $1466.28 Range $1342.66 - $1534.62

Q2 2021

Shares 12,333 Value ($000) $14,635,694 Avg Close $1198.75 Range $1138.00 - $1268.96

Q1 2021

Shares 38,260 Value ($000) $43,601,861 Avg Close $1078.65 Range $942.44 - $1169.50

Q2 2020

Shares 6,792 Value ($000) $6,270,171 Avg Close $908.95 Range $761.06 - $1049.56

Q4 2019

Shares 54,398 Value ($000) $62,186,162 Avg Close $1138.97 Range $1100.00 - $1216.47

Q3 2019

Shares 38,620 Value ($000) $45,644,978 Avg Close $1136.16 Range $1065.01 - $1204.45

Q2 2019

Shares 16,883 Value ($000) $18,395,717 Avg Close $1047.93 Range $970.42 - $1099.00

Q1 2019

Shares 3,332 Value ($000) $3,319,472 Avg Close $1015.52 Range $950.16 - $1081.00

Q4 2018

Shares 8,410 Value ($000) $8,730,001 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2015

Shares 57,956 Value ($000) $46,472,598 Avg Close $846.01 Range $775.00 - $898.08

Q2 2015

Shares 105,582 Value ($000) $84,537,396 Avg Close $777.66 Range $736.96 - $821.00

Q1 2015

Shares 148,577 Value ($000) $114,249,770 Avg Close $722.91 Range $660.05 - $783.50

Q4 2014

Shares 175,188 Value ($000) $119,625,374 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 300,396 Value ($000) $191,096,915 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 414,558 Value ($000) $271,800,807 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 425,028 Value ($000) $253,359,191 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 419,905 Value ($000) $243,691,867 Avg Close $542.65 Range $511.06 - $582.59

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	427,882	$919,797	$2025.92	$1812.24 - $2207.59
Q3 2025	382,732	$731,539	$1960.42	$1889.91 - $2075.92
Q2 2025	336,369	$671,850	$1875.20	$1621.89 - $2004.24
Q1 2025	191,223	$357,512	$1839.75	$1641.51 - $2063.68
Q2 2024	12,662	$19,951	$1552.86	$1417.65 - $1670.24
Q1 2024	52,788	$80,316	$1466.28	$1342.66 - $1534.62
Q2 2021	12,333	$14,635,694	$1198.75	$1138.00 - $1268.96
Q1 2021	38,260	$43,601,861	$1078.65	$942.44 - $1169.50
Q2 2020	6,792	$6,270,171	$908.95	$761.06 - $1049.56
Q4 2019	54,398	$62,186,162	$1138.97	$1100.00 - $1216.47
Q3 2019	38,620	$45,644,978	$1136.16	$1065.01 - $1204.45
Q2 2019	16,883	$18,395,717	$1047.93	$970.42 - $1099.00
Q1 2019	3,332	$3,319,472	$1015.52	$950.16 - $1081.00
Q4 2018	8,410	$8,730,001	$1093.58	$954.39 - $1203.43
Q3 2015	57,956	$46,472,598	$846.01	$775.00 - $898.08
Q2 2015	105,582	$84,537,396	$777.66	$736.96 - $821.00
Q1 2015	148,577	$114,249,770	$722.91	$660.05 - $783.50
Q4 2014	175,188	$119,625,374	$678.17	$632.65 - $707.36
Q3 2014	300,396	$191,096,915	$645.09	$623.90 - $666.00
Q2 2014	414,558	$271,800,807	$630.07	$593.76 - $655.75
Q1 2014	425,028	$253,359,191	$569.59	$527.17 - $596.87
Q4 2013	419,905	$243,691,867	$542.65	$511.06 - $582.59