PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

ADAGE CAPITAL PARTNERS GP, L.L.C.'s Holding History (CIK: 0001165408)

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

Q1 2025

Shares 130,000 Value ($000) $3,358 Avg Close $23.93 Range $20.35 - $27.47

Q4 2024

Shares 160,000 Value ($000) $3,235 Avg Close $22.37 Range $19.80 - $26.05

Q4 2017

Shares 400,000 Value ($000) $6,224 Avg Close $15.85 Range $13.99 - $18.00

Q2 2017

Shares 521,400 Value ($000) $8,770 Avg Close $17.28 Range $15.64 - $19.43

Q3 2016

Shares 400,000 Value ($000) $7,048 Avg Close $18.70 Range $16.71 - $21.59

Q2 2016

Shares 150,000 Value ($000) $2,468 Avg Close $14.31 Range $10.38 - $16.49

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2025	130,000	$3,358	$23.93	$20.35 - $27.47
Q4 2024	160,000	$3,235	$22.37	$19.80 - $26.05
Q4 2017	400,000	$6,224	$15.85	$13.99 - $18.00
Q2 2017	521,400	$8,770	$17.28	$15.64 - $19.43
Q3 2016	400,000	$7,048	$18.70	$16.71 - $21.59
Q2 2016	150,000	$2,468	$14.31	$10.38 - $16.49