MORGAN STANLEY DIRECT LENDIN

Ticker: MSDL CUSIP: 61774A103 Class: COM SHS

Lido Advisors, LLC's Holding History (CIK: 0001650150)

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

Q4 2025

Shares 63,614 Value ($000) $1,051 Avg Close $16.42 Range $15.24 - $17.38

Q3 2025

Shares 19,478 Value ($000) $323 Avg Close $17.18 Range $15.53 - $18.77

Q2 2025

Shares 27,412 Value ($000) $527 Avg Close $17.74 Range $16.13 - $18.75

Q1 2025

Shares 15,629 Value ($000) $320 Avg Close $18.51 Range $17.78 - $19.46

Q4 2024

Shares 13,944 Value ($000) $296 Avg Close $17.85 Range $16.94 - $18.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	63,614	$1,051	$16.42	$15.24 - $17.38
Q3 2025	19,478	$323	$17.18	$15.53 - $18.77
Q2 2025	27,412	$527	$17.74	$16.13 - $18.75
Q1 2025	15,629	$320	$18.51	$17.78 - $19.46
Q4 2024	13,944	$296	$17.85	$16.94 - $18.98