MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Empirical Financial Services, LLC d.b.a. Empirical Wealth Management's Holding History (CIK: 0001510434)

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

Q4 2025

Shares 9,058 Value ($000) $5,171 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 7,783 Value ($000) $4,427 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 6,523 Value ($000) $3,665 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 5,402 Value ($000) $2,961 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 4,932 Value ($000) $2,597 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 4,054 Value ($000) $2,002 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 3,504 Value ($000) $1,546 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 2,390 Value ($000) $1,151 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 2,319 Value ($000) $989 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 1,941 Value ($000) $769 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 1,285 Value ($000) $505 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 1,851 Value ($000) $673 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 1,511 Value ($000) $525 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 2,700 Value ($000) $768 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 2,474 Value ($000) $780 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 2,582 Value ($000) $923 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 3,554 Value ($000) $1,277 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 2,496 Value ($000) $868 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 2,910 Value ($000) $1,062 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 1,591 Value ($000) $566 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 1,468 Value ($000) $524 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 1,457 Value ($000) $493 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 1,281 Value ($000) $379 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 2,046 Value ($000) $494 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 1,059 Value ($000) $316 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 1,241 Value ($000) $337 Avg Close $266.10 Range $245.19 - $283.62

Q3 2018

Shares 959 Value ($000) $213 Avg Close $200.34 Range $186.80 - $215.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,058	$5,171	$558.95	$524.70 - $585.31
Q3 2025	7,783	$4,427	$573.47	$545.13 - $600.98
Q2 2025	6,523	$3,665	$551.47	$463.61 - $593.12
Q1 2025	5,402	$2,961	$542.01	$497.80 - $579.76
Q4 2024	4,932	$2,597	$514.68	$486.24 - $534.63
Q3 2024	4,054	$2,002	$461.72	$425.84 - $498.27
Q2 2024	3,504	$1,546	$451.62	$433.19 - $478.53
Q1 2024	2,390	$1,151	$452.59	$412.22 - $485.16
Q4 2023	2,319	$989	$397.11	$355.66 - $423.46
Q3 2023	1,941	$769	$396.22	$381.45 - $413.22
Q2 2023	1,285	$505	$369.85	$350.88 - $389.52
Q1 2023	1,851	$673	$357.45	$334.82 - $383.83
Q4 2022	1,511	$525	$323.40	$272.05 - $362.83
Q3 2022	2,700	$768	$325.17	$276.34 - $355.07
Q2 2022	2,474	$780	$337.29	$297.42 - $374.14
Q1 2022	2,582	$923	$351.61	$298.93 - $391.17
Q4 2021	3,554	$1,277	$337.80	$298.92 - $362.54
Q3 2021	2,496	$868	$354.74	$327.44 - $385.64
Q2 2021	2,910	$1,062	$362.28	$345.76 - $391.25
Q1 2021	1,591	$566	$339.57	$304.04 - $379.11
Q4 2020	1,468	$524	$323.35	$273.35 - $349.38
Q3 2020	1,457	$493	$315.67	$280.27 - $356.58
Q2 2020	1,281	$379	$273.34	$219.87 - $306.47
Q1 2020	2,046	$494	$287.82	$193.62 - $336.19
Q4 2019	1,059	$316	$272.58	$249.95 - $291.54
Q3 2019	1,241	$337	$266.10	$245.19 - $283.62
Q3 2018	959	$213	$200.34	$186.80 - $215.48