MOVADO GROUP INC

Ticker: MOV CUSIP: 624580106 Class: COM

Copeland Capital Management, LLC's Holding History (CIK: 0001541743)

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

Q1 2016

Shares 280,205 Value ($000) $7,714 Avg Close $26.77 Range $21.62 - $30.98

Q4 2015

Shares 283,554 Value ($000) $7,290 Avg Close $26.07 Range $21.25 - $27.98

Q3 2015

Shares 271,060 Value ($000) $7,001 Avg Close $26.00 Range $21.18 - $29.27

Q2 2015

Shares 233,922 Value ($000) $6,353 Avg Close $28.81 Range $25.47 - $32.21

Q1 2015

Shares 152,633 Value ($000) $4,353 Avg Close $25.09 Range $22.66 - $31.71

Q4 2014

Shares 138,346 Value ($000) $3,925 Avg Close $31.09 Range $25.10 - $39.44

Q3 2014

Shares 3,482 Value ($000) $115 Avg Close $39.17 Range $33.06 - $44.93

Q2 2014

Shares 1,935 Value ($000) $81 Avg Close $40.35 Range $35.07 - $46.23

Q1 2014

Shares 1,935 Value ($000) $88 Avg Close $40.76 Range $34.77 - $48.27

Q4 2013

Shares 1,935 Value ($000) $85 Avg Close $44.80 Range $41.57 - $48.50

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	280,205	$7,714	$26.77	$21.62 - $30.98
Q4 2015	283,554	$7,290	$26.07	$21.25 - $27.98
Q3 2015	271,060	$7,001	$26.00	$21.18 - $29.27
Q2 2015	233,922	$6,353	$28.81	$25.47 - $32.21
Q1 2015	152,633	$4,353	$25.09	$22.66 - $31.71
Q4 2014	138,346	$3,925	$31.09	$25.10 - $39.44
Q3 2014	3,482	$115	$39.17	$33.06 - $44.93
Q2 2014	1,935	$81	$40.35	$35.07 - $46.23
Q1 2014	1,935	$88	$40.76	$34.77 - $48.27
Q4 2013	1,935	$85	$44.80	$41.57 - $48.50