PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2025

Shares 191,672 Value ($000) $9,931 Avg Close $41.86 Range $33.08 - $55.85

Q3 2025

Shares 128,778 Value ($000) $4,988 Avg Close $32.15 Range $26.77 - $39.60

Q2 2025

Shares 193,638 Value ($000) $5,499 Avg Close $25.88 Range $20.55 - $29.66

Q2 2023

Shares 297,064 Value ($000) $4,331 Avg Close $16.52 Range $13.90 - $19.85

Q1 2023

Shares 130,790 Value ($000) $2,380 Avg Close $17.19 Range $14.41 - $19.22

Q4 2022

Shares 120,066 Value ($000) $1,962 Avg Close $16.00 Range $13.40 - $17.69

Q3 2022

Shares 70,167 Value ($000) $1,114,251 Avg Close $17.42 Range $14.40 - $21.52

Q2 2022

Shares 126,838 Value ($000) $2,494,903 Avg Close $23.97 Range $19.59 - $30.56

Q1 2022

Shares 253,268 Value ($000) $6,914,216 Avg Close $24.62 Range $20.74 - $29.15

Q4 2021

Shares 212,791 Value ($000) $5,313,391 Avg Close $25.19 Range $21.39 - $28.36

Q3 2021

Shares 104,366 Value ($000) $2,428,596 Avg Close $26.12 Range $22.92 - $29.32

Q2 2021

Shares 86,328 Value ($000) $2,466,390 Avg Close $32.22 Range $27.55 - $36.14

Q1 2019

Shares 112,789 Value ($000) $1,494 Avg Close $14.00 Range $12.43 - $15.53

Q4 2018

Shares 546,922 Value ($000) $7,985 Avg Close $14.30 Range $12.12 - $15.75

Q3 2018

Shares 371,828 Value ($000) $5,488 Avg Close $15.96 Range $13.97 - $18.40

Q2 2018

Shares 345,814 Value ($000) $6,190 Avg Close $17.24 Range $15.65 - $18.75

Q1 2018

Shares 257,783 Value ($000) $4,163 Avg Close $15.92 Range $14.69 - $17.66

Q4 2017

Shares 732,629 Value ($000) $11,400 Avg Close $15.85 Range $13.99 - $18.00

Q3 2017

Shares 665,583 Value ($000) $11,348 Avg Close $17.24 Range $15.08 - $19.56

Q2 2017

Shares 413,705 Value ($000) $6,959 Avg Close $17.28 Range $15.64 - $19.43

Q1 2017

Shares 190,701 Value ($000) $3,341 Avg Close $18.18 Range $15.14 - $21.29

Q4 2016

Shares 284,646 Value ($000) $4,290 Avg Close $16.12 Range $13.80 - $18.37

Q3 2016

Shares 374,997 Value ($000) $6,607 Avg Close $18.70 Range $16.71 - $21.59

Q2 2016

Shares 663,458 Value ($000) $10,914 Avg Close $14.31 Range $10.38 - $16.49

Q1 2016

Shares 631,703 Value ($000) $6,867 Avg Close $8.57 Range $5.38 - $11.30

Q4 2015

Shares 295,110 Value ($000) $1,918 Avg Close $7.20 Range $6.10 - $8.80

Q2 2014

Shares 51,577 Value ($000) $792 Avg Close $13.25 Range $12.02 - $15.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	191,672	$9,931	$41.86	$33.08 - $55.85
Q3 2025	128,778	$4,988	$32.15	$26.77 - $39.60
Q2 2025	193,638	$5,499	$25.88	$20.55 - $29.66
Q2 2023	297,064	$4,331	$16.52	$13.90 - $19.85
Q1 2023	130,790	$2,380	$17.19	$14.41 - $19.22
Q4 2022	120,066	$1,962	$16.00	$13.40 - $17.69
Q3 2022	70,167	$1,114,251	$17.42	$14.40 - $21.52
Q2 2022	126,838	$2,494,903	$23.97	$19.59 - $30.56
Q1 2022	253,268	$6,914,216	$24.62	$20.74 - $29.15
Q4 2021	212,791	$5,313,391	$25.19	$21.39 - $28.36
Q3 2021	104,366	$2,428,596	$26.12	$22.92 - $29.32
Q2 2021	86,328	$2,466,390	$32.22	$27.55 - $36.14
Q1 2019	112,789	$1,494	$14.00	$12.43 - $15.53
Q4 2018	546,922	$7,985	$14.30	$12.12 - $15.75
Q3 2018	371,828	$5,488	$15.96	$13.97 - $18.40
Q2 2018	345,814	$6,190	$17.24	$15.65 - $18.75
Q1 2018	257,783	$4,163	$15.92	$14.69 - $17.66
Q4 2017	732,629	$11,400	$15.85	$13.99 - $18.00
Q3 2017	665,583	$11,348	$17.24	$15.08 - $19.56
Q2 2017	413,705	$6,959	$17.28	$15.64 - $19.43
Q1 2017	190,701	$3,341	$18.18	$15.14 - $21.29
Q4 2016	284,646	$4,290	$16.12	$13.80 - $18.37
Q3 2016	374,997	$6,607	$18.70	$16.71 - $21.59
Q2 2016	663,458	$10,914	$14.31	$10.38 - $16.49
Q1 2016	631,703	$6,867	$8.57	$5.38 - $11.30
Q4 2015	295,110	$1,918	$7.20	$6.10 - $8.80
Q2 2014	51,577	$792	$13.25	$12.02 - $15.50