MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

True North Advisors, LLC's Holding History (CIK: 0001634556)

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

Q4 2025

Shares 2,056 Value ($000) $1,174 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 1,998 Value ($000) $1,137 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 1,547 Value ($000) $870 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 1,316 Value ($000) $721 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 1,338 Value ($000) $705 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 1,276 Value ($000) $630 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 1,421 Value ($000) $627 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 1,391 Value ($000) $670 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 1,515 Value ($000) $646 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 1,363 Value ($000) $540 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 1,642 Value ($000) $646 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 883 Value ($000) $321 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 820 Value ($000) $285 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 815 Value ($000) $232 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 923 Value ($000) $291 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 847 Value ($000) $302 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 12,852 Value ($000) $4,618 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 12,829 Value ($000) $4,460 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 12,819 Value ($000) $4,680 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 12,820 Value ($000) $4,564 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 12,762 Value ($000) $4,555 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 13,514 Value ($000) $4,570 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 19,365 Value ($000) $5,726 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 19,364 Value ($000) $4,677 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 19,363 Value ($000) $5,781 Avg Close $272.58 Range $249.95 - $291.54

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,056	$1,174	$558.95	$524.70 - $585.31
Q3 2025	1,998	$1,137	$573.47	$545.13 - $600.98
Q2 2025	1,547	$870	$551.47	$463.61 - $593.12
Q1 2025	1,316	$721	$542.01	$497.80 - $579.76
Q4 2024	1,338	$705	$514.68	$486.24 - $534.63
Q3 2024	1,276	$630	$461.72	$425.84 - $498.27
Q2 2024	1,421	$627	$451.62	$433.19 - $478.53
Q1 2024	1,391	$670	$452.59	$412.22 - $485.16
Q4 2023	1,515	$646	$397.11	$355.66 - $423.46
Q3 2023	1,363	$540	$396.22	$381.45 - $413.22
Q2 2023	1,642	$646	$369.85	$350.88 - $389.52
Q1 2023	883	$321	$357.45	$334.82 - $383.83
Q4 2022	820	$285	$323.40	$272.05 - $362.83
Q3 2022	815	$232	$325.17	$276.34 - $355.07
Q2 2022	923	$291	$337.29	$297.42 - $374.14
Q1 2022	847	$302	$351.61	$298.93 - $391.17
Q4 2021	12,852	$4,618	$337.80	$298.92 - $362.54
Q3 2021	12,829	$4,460	$354.74	$327.44 - $385.64
Q2 2021	12,819	$4,680	$362.28	$345.76 - $391.25
Q1 2021	12,820	$4,564	$339.57	$304.04 - $379.11
Q4 2020	12,762	$4,555	$323.35	$273.35 - $349.38
Q3 2020	13,514	$4,570	$315.67	$280.27 - $356.58
Q2 2020	19,365	$5,726	$273.34	$219.87 - $306.47
Q1 2020	19,364	$4,677	$287.82	$193.62 - $336.19
Q4 2019	19,363	$5,781	$272.58	$249.95 - $291.54