NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

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

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

Q4 2025

Shares 2,529 Value ($000) $63 Avg Close $31.88 Range $24.00 - $40.92

Q1 2023

Shares 1,719 Value ($000) $0 Avg Close $9.19 Range $7.08 - $10.58

Q4 2022

Shares 1,583 Value ($000) $0 Avg Close $9.25 Range $7.86 - $10.60

Q3 2022

Shares 1,559 Value ($000) $17 Avg Close $12.95 Range $9.20 - $15.34

Q2 2022

Shares 1,928 Value ($000) $31 Avg Close $16.13 Range $13.41 - $20.99

Q1 2022

Shares 1,879 Value ($000) $37 Avg Close $14.29 Range $11.37 - $19.03

Q4 2021

Shares 2,596 Value ($000) $37 Avg Close $10.98 Range $9.35 - $12.65

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,529	$63	$31.88	$24.00 - $40.92
Q1 2023	1,719	$0	$9.19	$7.08 - $10.58
Q4 2022	1,583	$0	$9.25	$7.86 - $10.60
Q3 2022	1,559	$17	$12.95	$9.20 - $15.34
Q2 2022	1,928	$31	$16.13	$13.41 - $20.99
Q1 2022	1,879	$37	$14.29	$11.37 - $19.03
Q4 2021	2,596	$37	$10.98	$9.35 - $12.65