NOVAVAX INC

Ticker: NVAX CUSIP: 670002401 Class: Common Stock

Swiss National Bank's Holding History (CIK: 0001582202)

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

Q4 2025

Shares 272,100 Value ($000) $1,829 Avg Close $7.54 Range $6.20 - $9.75

Q3 2025

Shares 282,600 Value ($000) $2,450 Avg Close $7.78 Range $6.23 - $10.64

Q2 2025

Shares 276,700 Value ($000) $1,743 Avg Close $6.62 Range $5.01 - $8.78

Q1 2025

Shares 279,300 Value ($000) $1,790 Avg Close $8.27 Range $6.28 - $11.55

Q4 2024

Shares 283,400 Value ($000) $2,279 Avg Close $9.64 Range $6.81 - $15.22

Q3 2024

Shares 247,800 Value ($000) $3,130 Avg Close $12.91 Range $8.87 - $17.81

Q2 2024

Shares 247,800 Value ($000) $3,137 Avg Close $10.06 Range $3.81 - $23.86

Q1 2024

Shares 211,000 Value ($000) $1,009 Avg Close $4.64 Range $3.53 - $6.05

Q4 2023

Shares 180,200 Value ($000) $865 Avg Close $6.12 Range $4.80 - $8.15

Q3 2023

Shares 180,200 Value ($000) $1,305 Avg Close $7.99 Range $6.72 - $10.30

Q2 2023

Shares 187,600 Value ($000) $1,394 Avg Close $7.86 Range $6.56 - $11.36

Q1 2023

Shares 169,500 Value ($000) $1,175 Avg Close $9.20 Range $5.61 - $13.70

Q4 2022

Shares 188,900 Value ($000) $1,942 Avg Close $17.65 Range $8.75 - $25.66

Q3 2022

Shares 185,300 Value ($000) $3,372 Avg Close $43.33 Range $17.85 - $76.77

Q2 2022

Shares 179,800 Value ($000) $9,247 Avg Close $51.73 Range $34.88 - $77.65

Q1 2022

Shares 311,100 Value ($000) $22,913 Avg Close $89.17 Range $65.82 - $145.20

Q4 2021

Shares 269,000 Value ($000) $38,486 Avg Close $171.82 Range $121.35 - $236.50

Q3 2021

Shares 278,500 Value ($000) $57,736 Avg Close $220.39 Range $172.01 - $277.80

Q2 2021

Shares 286,100 Value ($000) $60,742 Avg Close $183.22 Range $117.12 - $263.67

Q1 2021

Shares 145,400 Value ($000) $26,362 Avg Close $199.27 Range $109.01 - $331.68

Q4 2020

Shares 138,500 Value ($000) $15,444 Avg Close $106.29 Range $76.59 - $150.50

Q3 2020

Shares 131,400 Value ($000) $14,237 Avg Close $121.82 Range $75.40 - $189.40

Q2 2020

Shares 115,000 Value ($000) $9,585 Avg Close $38.25 Range $13.21 - $89.50

Q3 2019

Shares 43,688 Value ($000) $219 Avg Close $5.47 Range $4.01 - $8.45

Q2 2019

Shares 43,688 Value ($000) $256 Avg Close $7.87 Range $4.64 - $13.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	272,100	$1,829	$7.54	$6.20 - $9.75
Q3 2025	282,600	$2,450	$7.78	$6.23 - $10.64
Q2 2025	276,700	$1,743	$6.62	$5.01 - $8.78
Q1 2025	279,300	$1,790	$8.27	$6.28 - $11.55
Q4 2024	283,400	$2,279	$9.64	$6.81 - $15.22
Q3 2024	247,800	$3,130	$12.91	$8.87 - $17.81
Q2 2024	247,800	$3,137	$10.06	$3.81 - $23.86
Q1 2024	211,000	$1,009	$4.64	$3.53 - $6.05
Q4 2023	180,200	$865	$6.12	$4.80 - $8.15
Q3 2023	180,200	$1,305	$7.99	$6.72 - $10.30
Q2 2023	187,600	$1,394	$7.86	$6.56 - $11.36
Q1 2023	169,500	$1,175	$9.20	$5.61 - $13.70
Q4 2022	188,900	$1,942	$17.65	$8.75 - $25.66
Q3 2022	185,300	$3,372	$43.33	$17.85 - $76.77
Q2 2022	179,800	$9,247	$51.73	$34.88 - $77.65
Q1 2022	311,100	$22,913	$89.17	$65.82 - $145.20
Q4 2021	269,000	$38,486	$171.82	$121.35 - $236.50
Q3 2021	278,500	$57,736	$220.39	$172.01 - $277.80
Q2 2021	286,100	$60,742	$183.22	$117.12 - $263.67
Q1 2021	145,400	$26,362	$199.27	$109.01 - $331.68
Q4 2020	138,500	$15,444	$106.29	$76.59 - $150.50
Q3 2020	131,400	$14,237	$121.82	$75.40 - $189.40
Q2 2020	115,000	$9,585	$38.25	$13.21 - $89.50
Q3 2019	43,688	$219	$5.47	$4.01 - $8.45
Q2 2019	43,688	$256	$7.87	$4.64 - $13.40