PZENA INVESTMENT MGMT INC

CUSIP: 74731Q103 Class: CLASS A

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014
Shares 32,200 Value ($000) $308 Avg Close — Range —
Q2 2014
Shares 32,200 Value ($000) $359 Avg Close — Range —
Q1 2014
Shares 32,200 Value ($000) $379 Avg Close — Range —