MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 4,400 Value ($000) $212 Avg Close $45.87 Range $42.41 - $50.41

Q2 2025

Shares 4,400 Value ($000) $204 Avg Close $42.36 Range $36.85 - $47.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,400	$212	$45.87	$42.41 - $50.41
Q2 2025	4,400	$204	$42.36	$36.85 - $47.07