NICOLET BANKSHARES INC

Ticker: NIC CUSIP: 65406E102 Class: COM

Connor, Clark & Lunn Investment Management Ltd.'s Holding History (CIK: 0001596800)

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

Q4 2025

Shares 4,310 Value ($000) $523 Avg Close $126.18 Range $113.84 - $136.49

Q3 2025

Shares 4,179 Value ($000) $562 Avg Close $132.17 Range $122.34 - $141.24

Q2 2025

Shares 3,100 Value ($000) $383 Avg Close $116.10 Range $97.18 - $125.54

Q1 2025

Shares 9,256 Value ($000) $1,009 Avg Close $111.34 Range $98.03 - $120.33

Q4 2024

Shares 7,418 Value ($000) $778 Avg Close $104.42 Range $88.97 - $114.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,310	$523	$126.18	$113.84 - $136.49
Q3 2025	4,179	$562	$132.17	$122.34 - $141.24
Q2 2025	3,100	$383	$116.10	$97.18 - $125.54
Q1 2025	9,256	$1,009	$111.34	$98.03 - $120.33
Q4 2024	7,418	$778	$104.42	$88.97 - $114.75