PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

ROYAL LONDON ASSET MANAGEMENT LTD's Holding History (CIK: 0000863748)

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

Q4 2025

Shares 20,522 Value ($000) $1,063 Avg Close $41.86 Range $33.08 - $55.85

Q3 2025

Shares 19,710 Value ($000) $763 Avg Close $32.15 Range $26.77 - $39.60

Q2 2025

Shares 19,710 Value ($000) $560 Avg Close $25.88 Range $20.55 - $29.66

Q1 2025

Shares 19,710 Value ($000) $509 Avg Close $23.93 Range $20.35 - $27.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,522	$1,063	$41.86	$33.08 - $55.85
Q3 2025	19,710	$763	$32.15	$26.77 - $39.60
Q2 2025	19,710	$560	$25.88	$20.55 - $29.66
Q1 2025	19,710	$509	$23.93	$20.35 - $27.47