MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

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

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

Q4 2025

Shares 955 Value ($000) $545 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 794 Value ($000) $452 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 642 Value ($000) $361 Avg Close $551.47 Range $463.61 - $593.12

Q4 2019

Shares 83,403 Value ($000) $24,903 Avg Close $272.58 Range $249.95 - $291.54

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	955	$545	$558.95	$524.70 - $585.31
Q3 2025	794	$452	$573.47	$545.13 - $600.98
Q2 2025	642	$361	$551.47	$463.61 - $593.12
Q4 2019	83,403	$24,903	$272.58	$249.95 - $291.54