MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

USS Investment Management Ltd's Holding History (CIK: 0001587381)

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

Q4 2025

Shares 133,031 Value ($000) $75,947 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 132,984 Value ($000) $75,621 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 133,053 Value ($000) $74,730 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 132,405 Value ($000) $72,567 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 159,389 Value ($000) $84,026 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 158,864 Value ($000) $78,427 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 162,166 Value ($000) $71,518 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 160,835 Value ($000) $77,353 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 158,105 Value ($000) $67,445 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 172,285 Value ($000) $68,238 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 170,148 Value ($000) $66,862 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 169,262 Value ($000) $61,497 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 165,870 Value ($000) $57,692 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 161,570 Value ($000) $46,038 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 226,468 Value ($000) $71,454 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 239,216 Value ($000) $85,528 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 238,512 Value ($000) $85,710 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 238,512 Value ($000) $82,894 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 711,346 Value ($000) $259,663 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 711,346 Value ($000) $253,421 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 711,346 Value ($000) $253,616 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 724,666 Value ($000) $244,774 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 721,780 Value ($000) $213,326 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 837,390 Value ($000) $202,602 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 992,321 Value ($000) $296,079 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 1,117,180 Value ($000) $303,074 Avg Close $266.10 Range $245.19 - $283.62

Q2 2019

Shares 1,625,702 Value ($000) $429,966 Avg Close $241.35 Range $224.85 - $260.28

Q1 2019

Shares 1,625,702 Value ($000) $382,633 Avg Close $207.20 Range $174.02 - $228.35

Q4 2018

Shares 1,625,702 Value ($000) $306,681 Avg Close $190.92 Range $165.28 - $216.43

Q3 2018

Shares 1,611,000 Value ($000) $358,601 Avg Close $200.34 Range $186.80 - $215.48

Q2 2018

Shares 1,611,000 Value ($000) $316,594 Avg Close $180.31 Range $160.86 - $195.68

Q1 2018

Shares 1,611,000 Value ($000) $287,257 Avg Close $163.70 Range $144.52 - $175.98

Q4 2017

Shares 1,935,000 Value ($000) $293,781 Avg Close $142.19 Range $134.47 - $147.90

Q3 2017

Shares 1,495,000 Value ($000) $211,042 Avg Close $126.35 Range $115.06 - $137.11

Q2 2017

Shares 1,495,000 Value ($000) $181,575 Avg Close $113.06 Range $105.80 - $120.27

Q1 2017

Shares 1,495,000 Value ($000) $168,165 Avg Close $104.26 Range $98.83 - $107.97

Q4 2016

Shares 1,495,000 Value ($000) $154,419 Avg Close $98.27 Range $94.46 - $103.40

Q3 2016

Shares 1,495,000 Value ($000) $152,064 Avg Close $90.84 Range $82.10 - $96.94

Q2 2016

Shares 1,125,000 Value ($000) $99,113 Avg Close $90.26 Range $82.81 - $94.54

Q1 2016

Shares 1,125,000 Value ($000) $106,279 Avg Close $83.42 Range $74.09 - $90.24

Q4 2015

Shares 850,000 Value ($000) $82,807 Avg Close $92.19 Range $83.59 - $95.82

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	133,031	$75,947	$558.95	$524.70 - $585.31
Q3 2025	132,984	$75,621	$573.47	$545.13 - $600.98
Q2 2025	133,053	$74,730	$551.47	$463.61 - $593.12
Q1 2025	132,405	$72,567	$542.01	$497.80 - $579.76
Q4 2024	159,389	$84,026	$514.68	$486.24 - $534.63
Q3 2024	158,864	$78,427	$461.72	$425.84 - $498.27
Q2 2024	162,166	$71,518	$451.62	$433.19 - $478.53
Q1 2024	160,835	$77,353	$452.59	$412.22 - $485.16
Q4 2023	158,105	$67,445	$397.11	$355.66 - $423.46
Q3 2023	172,285	$68,238	$396.22	$381.45 - $413.22
Q2 2023	170,148	$66,862	$369.85	$350.88 - $389.52
Q1 2023	169,262	$61,497	$357.45	$334.82 - $383.83
Q4 2022	165,870	$57,692	$323.40	$272.05 - $362.83
Q3 2022	161,570	$46,038	$325.17	$276.34 - $355.07
Q2 2022	226,468	$71,454	$337.29	$297.42 - $374.14
Q1 2022	239,216	$85,528	$351.61	$298.93 - $391.17
Q4 2021	238,512	$85,710	$337.80	$298.92 - $362.54
Q3 2021	238,512	$82,894	$354.74	$327.44 - $385.64
Q2 2021	711,346	$259,663	$362.28	$345.76 - $391.25
Q1 2021	711,346	$253,421	$339.57	$304.04 - $379.11
Q4 2020	711,346	$253,616	$323.35	$273.35 - $349.38
Q3 2020	724,666	$244,774	$315.67	$280.27 - $356.58
Q2 2020	721,780	$213,326	$273.34	$219.87 - $306.47
Q1 2020	837,390	$202,602	$287.82	$193.62 - $336.19
Q4 2019	992,321	$296,079	$272.58	$249.95 - $291.54
Q3 2019	1,117,180	$303,074	$266.10	$245.19 - $283.62
Q2 2019	1,625,702	$429,966	$241.35	$224.85 - $260.28
Q1 2019	1,625,702	$382,633	$207.20	$174.02 - $228.35
Q4 2018	1,625,702	$306,681	$190.92	$165.28 - $216.43
Q3 2018	1,611,000	$358,601	$200.34	$186.80 - $215.48
Q2 2018	1,611,000	$316,594	$180.31	$160.86 - $195.68
Q1 2018	1,611,000	$287,257	$163.70	$144.52 - $175.98
Q4 2017	1,935,000	$293,781	$142.19	$134.47 - $147.90
Q3 2017	1,495,000	$211,042	$126.35	$115.06 - $137.11
Q2 2017	1,495,000	$181,575	$113.06	$105.80 - $120.27
Q1 2017	1,495,000	$168,165	$104.26	$98.83 - $107.97
Q4 2016	1,495,000	$154,419	$98.27	$94.46 - $103.40
Q3 2016	1,495,000	$152,064	$90.84	$82.10 - $96.94
Q2 2016	1,125,000	$99,113	$90.26	$82.81 - $94.54
Q1 2016	1,125,000	$106,279	$83.42	$74.09 - $90.24
Q4 2015	850,000	$82,807	$92.19	$83.59 - $95.82