MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Nuveen, LLC's Holding History (CIK: 0001871926)

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

Q4 2025

Shares 30,703 Value ($000) $1,477 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 57,470 Value ($000) $2,586 Avg Close $46.86 Range $43.03 - $49.73

Q2 2025

Shares 68,900 Value ($000) $3,198 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 73,881 Value ($000) $3,209 Avg Close $45.00 Range $39.27 - $50.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30,703	$1,477	$45.87	$42.41 - $50.41
Q3 2025	57,470	$2,586	$46.86	$43.03 - $49.73
Q2 2025	68,900	$3,198	$42.36	$36.85 - $47.07
Q1 2025	73,881	$3,209	$45.00	$39.27 - $50.23