MERCURY GENL CORP NEW

Ticker: MCY CUSIP: 589400100 Class: EQTY

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q4 2025

Shares 390 Value ($000) $37 Avg Close $86.75 Range $74.29 - $96.50

Q3 2025

Shares 440 Value ($000) $37 Avg Close $73.79 Range $64.21 - $85.02

Q2 2025

Shares 421 Value ($000) $28 Avg Close $59.49 Range $47.06 - $67.36

Q1 2025

Shares 250 Value ($000) $156 Avg Close $53.92 Range $44.19 - $67.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	390	$37	$86.75	$74.29 - $96.50
Q3 2025	440	$37	$73.79	$64.21 - $85.02
Q2 2025	421	$28	$59.49	$47.06 - $67.36
Q1 2025	250	$156	$53.92	$44.19 - $67.17