NAVIENT CORPORATION

Ticker: NAVI CUSIP: 63938C108 Class: Common Stock

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q4 2025

Shares 230,000 Value ($000) $2,990 Avg Close $12.45 Range $11.25 - $13.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	230,000	$2,990	$12.45	$11.25 - $13.50