MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Permanent Capital Management, LP's Holding History (CIK: 0002054108)

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

Q4 2025

Shares 72,189 Value ($000) $34,912 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 72,416 Value ($000) $37,508 Avg Close $508.71 Range $486.99 - $553.50

Q1 2025

Shares 66,325 Value ($000) $24,898 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 65,528 Value ($000) $27,620 Avg Close $422.35 Range $401.80 - $452.82

Q2 2024

Shares 72,532 Value ($000) $36,078 Avg Close $417.26 Range $383.04 - $451.11

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	72,189	$34,912	$500.58	$464.89 - $552.69
Q3 2025	72,416	$37,508	$508.71	$486.99 - $553.50
Q1 2025	66,325	$24,898	$405.08	$365.28 - $445.10
Q4 2024	65,528	$27,620	$422.35	$401.80 - $452.82
Q2 2024	72,532	$36,078	$417.26	$383.04 - $451.11