MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

Solas Capital Management, LLC's Holding History (CIK: 0001604867)

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

Q4 2025

Shares 1,607,315 Value ($000) $3,182 Avg Close $2.11 Range $1.48 - $2.96

Q3 2025

Shares 1,650,032 Value ($000) $4,752 Avg Close $3.30 Range $2.59 - $4.47

Q2 2025

Shares 1,675,142 Value ($000) $5,863 Avg Close $4.05 Range $3.13 - $6.05

Q1 2025

Shares 1,025,157 Value ($000) $6,305 Avg Close $6.50 Range $5.73 - $8.01

Q4 2024

Shares 1,077,000 Value ($000) $7,001 Avg Close $6.27 Range $5.69 - $7.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,607,315	$3,182	$2.11	$1.48 - $2.96
Q3 2025	1,650,032	$4,752	$3.30	$2.59 - $4.47
Q2 2025	1,675,142	$5,863	$4.05	$3.13 - $6.05
Q1 2025	1,025,157	$6,305	$6.50	$5.73 - $8.01
Q4 2024	1,077,000	$7,001	$6.27	$5.69 - $7.08