NORTHERN OIL

CUSIP: 665531aj8 Class: NOTE 3.625% 4/1

Holders for Q4 2025 Position Changes for Q4 2025

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

Increased Positions (1)

Cutler Capital Management, LLC
Value ($000) $2,707 (+67.9%) Shares 2,810,000 (+74.5%)