NOVAVAX INC

CUSIP: 670002104 Class: COMMON STOCK

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q4 2017
Shares 111,000 Value ($000) $138 Avg Close — Range —
Q3 2017
Shares 111,000 Value ($000) $127 Avg Close — Range —
Q2 2017
Shares 111,000 Value ($000) $128 Avg Close — Range —
Q1 2017
Shares 111,000 Value ($000) $142 Avg Close — Range —
Q4 2016
Shares 111,000 Value ($000) $140 Avg Close — Range —
Q3 2016
Shares 111,000 Value ($000) $231 Avg Close — Range —
Q2 2016
Shares 346,000 Value ($000) $2,515 Avg Close — Range —
Q1 2016
Shares 286,000 Value ($000) $1,476 Avg Close — Range —
Q4 2015
Shares 241,000 Value ($000) $2,022 Avg Close — Range —
Q3 2015
Shares 241,000 Value ($000) $1,704 Avg Close — Range —
Q2 2015
Shares 276,000 Value ($000) $3,075 Avg Close — Range —
Q1 2015
Shares 276,000 Value ($000) $2,283 Avg Close — Range —
Q4 2014
Shares 526,000 Value ($000) $3,119 Avg Close — Range —
Q3 2014
Shares 511,000 Value ($000) $2,131 Avg Close — Range —
Q2 2014
Shares 511,000 Value ($000) $2,361 Avg Close — Range —
Q1 2014
Shares 511,000 Value ($000) $2,315 Avg Close — Range —
Q4 2013
Shares 311,000 Value ($000) $1,592 Avg Close — Range —
Q3 2013
Shares 311,000 Value ($000) $983 Avg Close — Range —