MEDIAALPHA INC

Ticker: MAX CUSIP: 58450V104 Class: Common Stock

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q4 2025

Shares 59,860 Value ($000) $775 Avg Close $12.21 Range $10.36 - $13.92

Q3 2025

Shares 22,524 Value ($000) $256 Avg Close $11.03 Range $9.21 - $13.72

Q2 2025

Shares 66,094 Value ($000) $724 Avg Close $9.65 Range $7.33 - $11.40

Q1 2025

Shares 135,396 Value ($000) $1,251 Avg Close $10.68 Range $8.21 - $13.24

Q4 2024

Shares 224,198 Value ($000) $2,531 Avg Close $14.38 Range $10.21 - $20.91

Q3 2024

Shares 275,228 Value ($000) $4,984 Avg Close $15.94 Range $12.11 - $19.25

Q2 2024

Shares 275,834 Value ($000) $3,633 Avg Close $18.40 Range $12.80 - $25.78

Q1 2024

Shares 78,630 Value ($000) $1,602 Avg Close $15.97 Range $10.26 - $22.81

Q1 2023

Shares 36,644 Value ($000) $549 Avg Close $13.53 Range $9.88 - $17.01

Q4 2022

Shares 10,600 Value ($000) $105 Avg Close $11.02 Range $8.61 - $15.49

Q1 2022

Shares 24,276 Value ($000) $402 Avg Close $13.99 Range $10.22 - $16.99

Q4 2021

Shares 66,602 Value ($000) $1,028 Avg Close $16.68 Range $12.68 - $19.87

Q1 2021

Shares 29,106 Value ($000) $1,031 Avg Close $49.58 Range $33.70 - $70.33

Q4 2020

Shares 31,878 Value ($000) $1,245 Avg Close $38.77 Range $21.62 - $52.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	59,860	$775	$12.21	$10.36 - $13.92
Q3 2025	22,524	$256	$11.03	$9.21 - $13.72
Q2 2025	66,094	$724	$9.65	$7.33 - $11.40
Q1 2025	135,396	$1,251	$10.68	$8.21 - $13.24
Q4 2024	224,198	$2,531	$14.38	$10.21 - $20.91
Q3 2024	275,228	$4,984	$15.94	$12.11 - $19.25
Q2 2024	275,834	$3,633	$18.40	$12.80 - $25.78
Q1 2024	78,630	$1,602	$15.97	$10.26 - $22.81
Q1 2023	36,644	$549	$13.53	$9.88 - $17.01
Q4 2022	10,600	$105	$11.02	$8.61 - $15.49
Q1 2022	24,276	$402	$13.99	$10.22 - $16.99
Q4 2021	66,602	$1,028	$16.68	$12.68 - $19.87
Q1 2021	29,106	$1,031	$49.58	$33.70 - $70.33
Q4 2020	31,878	$1,245	$38.77	$21.62 - $52.93