PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's Holding History (CIK: 0002033881)

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

Q4 2025

Shares 286,327 Value ($000) $14,835 Avg Close $41.86 Range $33.08 - $55.85

Q3 2025

Shares 286,327 Value ($000) $11,089 Avg Close $32.15 Range $26.77 - $39.60

Q2 2025

Shares 286,327 Value ($000) $8,132 Avg Close $25.88 Range $20.55 - $29.66

Q1 2025

Shares 215,000 Value ($000) $5,553 Avg Close $23.93 Range $20.35 - $27.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	286,327	$14,835	$41.86	$33.08 - $55.85
Q3 2025	286,327	$11,089	$32.15	$26.77 - $39.60
Q2 2025	286,327	$8,132	$25.88	$20.55 - $29.66
Q1 2025	215,000	$5,553	$23.93	$20.35 - $27.47