PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

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

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

Q4 2025

Shares 1,118,602 Value ($000) $58,113 Avg Close $41.86 Range $33.08 - $55.85

Q3 2025

Shares 1,213,902 Value ($000) $47,060 Avg Close $32.15 Range $26.77 - $39.60

Q2 2025

Shares 1,100,419 Value ($000) $31,105 Avg Close $25.88 Range $20.55 - $29.66

Q1 2025

Shares 1,033,119 Value ($000) $26,704 Avg Close $23.93 Range $20.35 - $27.47

Q4 2024

Shares 1,053,919 Value ($000) $21,311 Avg Close $22.37 Range $19.80 - $26.05

Q3 2024

Shares 1,097,619 Value ($000) $22,955 Avg Close $21.08 Range $17.86 - $24.27

Q2 2024

Shares 1,094,219 Value ($000) $21,729 Avg Close $19.70 Range $15.10 - $22.75

Q1 2024

Shares 1,100,819 Value ($000) $16,589 Avg Close $13.80 Range $12.16 - $16.44

Q4 2023

Shares 1,184,919 Value ($000) $19,378 Avg Close $14.97 Range $13.13 - $17.20

Q3 2023

Shares 1,220,819 Value ($000) $17,820 Avg Close $15.65 Range $13.98 - $17.16

Q2 2023

Shares 1,370,219 Value ($000) $19,984 Avg Close $16.52 Range $13.90 - $19.85

Q1 2023

Shares 1,050,000 Value ($000) $19,134 Avg Close $17.19 Range $14.41 - $19.22

Q4 2022

Shares 887,800 Value ($000) $14,487 Avg Close $16.00 Range $13.40 - $17.69

Q3 2022

Shares 944,900 Value ($000) $15,143 Avg Close $17.42 Range $14.40 - $21.52

Q2 2022

Shares 940,500 Value ($000) $18,445 Avg Close $23.97 Range $19.59 - $30.56

Q1 2022

Shares 934,300 Value ($000) $25,473 Avg Close $24.62 Range $20.74 - $29.15

Q4 2021

Shares 829,300 Value ($000) $20,632 Avg Close $25.19 Range $21.39 - $28.36

Q3 2021

Shares 876,200 Value ($000) $20,299 Avg Close $26.12 Range $22.92 - $29.32

Q2 2021

Shares 901,400 Value ($000) $25,791 Avg Close $32.22 Range $27.55 - $36.14

Q1 2021

Shares 852,200 Value ($000) $25,554 Avg Close $32.49 Range $27.95 - $39.62

Q4 2020

Shares 842,000 Value ($000) $29,053 Avg Close $32.28 Range $28.33 - $37.28

Q3 2020

Shares 882,400 Value ($000) $28,239 Avg Close $34.37 Range $28.81 - $40.11

Q2 2020

Shares 905,900 Value ($000) $27,325 Avg Close $23.72 Range $14.02 - $30.59

Q1 2020

Shares 410,800 Value ($000) $5,806 Avg Close $20.77 Range $10.61 - $26.20

Q4 2019

Shares 402,300 Value ($000) $9,518 Avg Close $18.52 Range $15.44 - $24.02

Q3 2019

Shares 396,800 Value ($000) $6,217 Avg Close $16.18 Range $12.39 - $19.48

Q2 2019

Shares 392,300 Value ($000) $5,071 Avg Close $12.06 Range $10.26 - $13.69

Q1 2019

Shares 383,500 Value ($000) $5,070 Avg Close $14.00 Range $12.43 - $15.53

Q4 2018

Shares 275,500 Value ($000) $4,024 Avg Close $14.30 Range $12.12 - $15.75

Q3 2018

Shares 275,500 Value ($000) $4,046 Avg Close $15.96 Range $13.97 - $18.40

Q2 2018

Shares 268,900 Value ($000) $4,798 Avg Close $17.24 Range $15.65 - $18.75

Q1 2018

Shares 275,500 Value ($000) $4,436 Avg Close $15.92 Range $14.69 - $17.66

Q4 2017

Shares 259,600 Value ($000) $4,047 Avg Close $15.85 Range $13.99 - $18.00

Q3 2017

Shares 254,600 Value ($000) $4,337 Avg Close $17.24 Range $15.08 - $19.56

Q2 2017

Shares 254,600 Value ($000) $4,283 Avg Close $17.28 Range $15.64 - $19.43

Q1 2017

Shares 254,600 Value ($000) $4,457 Avg Close $18.18 Range $15.14 - $21.29

Q4 2016

Shares 252,000 Value ($000) $3,797 Avg Close $16.12 Range $13.80 - $18.37

Q3 2016

Shares 248,400 Value ($000) $4,375 Avg Close $18.70 Range $16.71 - $21.59

Q2 2016

Shares 256,900 Value ($000) $4,211 Avg Close $14.31 Range $10.38 - $16.49

Q1 2016

Shares 256,900 Value ($000) $2,716 Avg Close $8.57 Range $5.38 - $11.30

Q4 2015

Shares 200,600 Value ($000) $1,303 Avg Close $7.20 Range $6.10 - $8.80

Q3 2015

Shares 200,600 Value ($000) $1,271 Avg Close $6.83 Range $5.85 - $8.59

Q2 2015

Shares 175,200 Value ($000) $1,513 Avg Close $9.42 Range $8.51 - $10.44

Q1 2015

Shares 172,400 Value ($000) $1,507 Avg Close $10.27 Range $8.49 - $12.05

Q4 2014

Shares 170,400 Value ($000) $1,575 Avg Close $9.97 Range $8.69 - $11.32

Q3 2014

Shares 166,800 Value ($000) $1,836 Avg Close $14.07 Range $10.86 - $15.97

Q2 2014

Shares 171,000 Value ($000) $2,620 Avg Close $13.25 Range $12.02 - $15.50

Q1 2014

Shares 171,000 Value ($000) $2,205 Avg Close $13.39 Range $11.45 - $15.63

Q4 2013

Shares 133,700 Value ($000) $1,562 Avg Close $10.66 Range $9.78 - $11.83

Q3 2013

Shares 133,700 Value ($000) $1,414 Avg Close $12.17 Range $10.50 - $14.24

Q2 2013

Shares 130,200 Value ($000) $1,518 Avg Close $12.75 Range $10.23 - $16.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,118,602	$58,113	$41.86	$33.08 - $55.85
Q3 2025	1,213,902	$47,060	$32.15	$26.77 - $39.60
Q2 2025	1,100,419	$31,105	$25.88	$20.55 - $29.66
Q1 2025	1,033,119	$26,704	$23.93	$20.35 - $27.47
Q4 2024	1,053,919	$21,311	$22.37	$19.80 - $26.05
Q3 2024	1,097,619	$22,955	$21.08	$17.86 - $24.27
Q2 2024	1,094,219	$21,729	$19.70	$15.10 - $22.75
Q1 2024	1,100,819	$16,589	$13.80	$12.16 - $16.44
Q4 2023	1,184,919	$19,378	$14.97	$13.13 - $17.20
Q3 2023	1,220,819	$17,820	$15.65	$13.98 - $17.16
Q2 2023	1,370,219	$19,984	$16.52	$13.90 - $19.85
Q1 2023	1,050,000	$19,134	$17.19	$14.41 - $19.22
Q4 2022	887,800	$14,487	$16.00	$13.40 - $17.69
Q3 2022	944,900	$15,143	$17.42	$14.40 - $21.52
Q2 2022	940,500	$18,445	$23.97	$19.59 - $30.56
Q1 2022	934,300	$25,473	$24.62	$20.74 - $29.15
Q4 2021	829,300	$20,632	$25.19	$21.39 - $28.36
Q3 2021	876,200	$20,299	$26.12	$22.92 - $29.32
Q2 2021	901,400	$25,791	$32.22	$27.55 - $36.14
Q1 2021	852,200	$25,554	$32.49	$27.95 - $39.62
Q4 2020	842,000	$29,053	$32.28	$28.33 - $37.28
Q3 2020	882,400	$28,239	$34.37	$28.81 - $40.11
Q2 2020	905,900	$27,325	$23.72	$14.02 - $30.59
Q1 2020	410,800	$5,806	$20.77	$10.61 - $26.20
Q4 2019	402,300	$9,518	$18.52	$15.44 - $24.02
Q3 2019	396,800	$6,217	$16.18	$12.39 - $19.48
Q2 2019	392,300	$5,071	$12.06	$10.26 - $13.69
Q1 2019	383,500	$5,070	$14.00	$12.43 - $15.53
Q4 2018	275,500	$4,024	$14.30	$12.12 - $15.75
Q3 2018	275,500	$4,046	$15.96	$13.97 - $18.40
Q2 2018	268,900	$4,798	$17.24	$15.65 - $18.75
Q1 2018	275,500	$4,436	$15.92	$14.69 - $17.66
Q4 2017	259,600	$4,047	$15.85	$13.99 - $18.00
Q3 2017	254,600	$4,337	$17.24	$15.08 - $19.56
Q2 2017	254,600	$4,283	$17.28	$15.64 - $19.43
Q1 2017	254,600	$4,457	$18.18	$15.14 - $21.29
Q4 2016	252,000	$3,797	$16.12	$13.80 - $18.37
Q3 2016	248,400	$4,375	$18.70	$16.71 - $21.59
Q2 2016	256,900	$4,211	$14.31	$10.38 - $16.49
Q1 2016	256,900	$2,716	$8.57	$5.38 - $11.30
Q4 2015	200,600	$1,303	$7.20	$6.10 - $8.80
Q3 2015	200,600	$1,271	$6.83	$5.85 - $8.59
Q2 2015	175,200	$1,513	$9.42	$8.51 - $10.44
Q1 2015	172,400	$1,507	$10.27	$8.49 - $12.05
Q4 2014	170,400	$1,575	$9.97	$8.69 - $11.32
Q3 2014	166,800	$1,836	$14.07	$10.86 - $15.97
Q2 2014	171,000	$2,620	$13.25	$12.02 - $15.50
Q1 2014	171,000	$2,205	$13.39	$11.45 - $15.63
Q4 2013	133,700	$1,562	$10.66	$9.78 - $11.83
Q3 2013	133,700	$1,414	$12.17	$10.50 - $14.24
Q2 2013	130,200	$1,518	$12.75	$10.23 - $16.36