MEDIAALPHA INC

Ticker: MAX CUSIP: 58450V104 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 16,960 Value ($000) $220 Avg Close $12.21 Range $10.36 - $13.92

Q3 2025

Shares 12,840 Value ($000) $146 Avg Close $11.03 Range $9.21 - $13.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,960	$220	$12.21	$10.36 - $13.92
Q3 2025	12,840	$146	$11.03	$9.21 - $13.72