NOVAVAX INC

Ticker: NVAX CUSIP: 670002401 Class: Common Stock

Virtus Investment Advisers, LLC's Holding History (CIK: 0000019481)

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

Q4 2025

Shares 104,019 Value ($000) $699 Avg Close $7.54 Range $6.20 - $9.75

Q3 2025

Shares 62,153 Value ($000) $539 Avg Close $7.78 Range $6.23 - $10.64

Q2 2025

Shares 62,153 Value ($000) $392 Avg Close $6.62 Range $5.01 - $8.78

Q1 2025

Shares 39,805 Value ($000) $255 Avg Close $8.27 Range $6.28 - $11.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	104,019	$699	$7.54	$6.20 - $9.75
Q3 2025	62,153	$539	$7.78	$6.23 - $10.64
Q2 2025	62,153	$392	$6.62	$5.01 - $8.78
Q1 2025	39,805	$255	$8.27	$6.28 - $11.55