PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

Universal- Beteiligungs- und Servicegesellschaft mbH's Holding History (CIK: 0002057170)

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

Q4 2025

Shares 32,533 Value ($000) $11,052 Avg Close $337.82 Range $308.86 - $372.75

Q3 2025

Shares 24,084 Value ($000) $8,357 Avg Close $326.18 Range $274.99 - $374.77

Q2 2025

Shares 14,779 Value ($000) $4,108 Avg Close $249.18 Range $202.91 - $286.41

Q1 2025

Shares 13,909 Value ($000) $3,445 Avg Close $286.30 Range $238.37 - $333.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	32,533	$11,052	$337.82	$308.86 - $372.75
Q3 2025	24,084	$8,357	$326.18	$274.99 - $374.77
Q2 2025	14,779	$4,108	$249.18	$202.91 - $286.41
Q1 2025	13,909	$3,445	$286.30	$238.37 - $333.09