MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Waterloo Capital, L.P.'s Holding History (CIK: 0001730942)

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

Q4 2025

Shares 107 Value ($000) $230 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 107 Value ($000) $205 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 109 Value ($000) $218 Avg Close $1875.20 Range $1621.89 - $2004.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	107	$230	$2025.92	$1812.24 - $2207.59
Q3 2025	107	$205	$1960.42	$1889.91 - $2075.92
Q2 2025	109	$218	$1875.20	$1621.89 - $2004.24