PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Generali Asset Management SPA SGR's Holding History (CIK: 0002046751)

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

Q4 2025

Shares 50,679 Value ($000) $5,685 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 43,825 Value ($000) $5,555 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 48,198 Value ($000) $7,011 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 44,377 Value ($000) $6,846 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 62,414 Value ($000) $8,752 Avg Close $137.31 Range $127.32 - $146.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,679	$5,685	$116.54	$108.00 - $128.00
Q3 2025	43,825	$5,555	$137.17	$117.88 - $146.69
Q2 2025	48,198	$7,011	$147.52	$131.76 - $158.49
Q1 2025	44,377	$6,846	$143.17	$130.91 - $154.56
Q4 2024	62,414	$8,752	$137.31	$127.32 - $146.13