NICOLET BANKSHARES INC

Ticker: NIC CUSIP: 65406E102 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q1 2023

Shares 6,925 Value ($000) $437 Avg Close $69.91 Range $59.12 - $78.64

Q4 2022

Shares 3,701 Value ($000) $295 Avg Close $75.39 Range $67.31 - $80.59

Q3 2022

Shares 5,380 Value ($000) $378 Avg Close $74.73 Range $67.26 - $83.74

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2023	6,925	$437	$69.91	$59.12 - $78.64
Q4 2022	3,701	$295	$75.39	$67.31 - $80.59
Q3 2022	5,380	$378	$74.73	$67.26 - $83.74