ROYAL BANK OF CANADA

CUSIP: 780082AD5 Class: NOTE 4.650% 1/2

Holders for Q4 2025 Position Changes for Q4 2025

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

Exited Positions (1)

PartnerRe Asset Management CORP
Value ($000) $14,736 Shares 13,500,000