SES AI CORPORATION

Ticker: SES CUSIP: 78397Q109 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 34,365 Value ($000) $62 Avg Close $2.24 Range $1.65 - $3.73

Q3 2024

Shares 65,101 Value ($000) $42 Avg Close $1.04 Range $0.62 - $1.42

Q2 2024

Shares 32,733 Value ($000) $41 Avg Close $1.36 Range $1.15 - $1.87

Q1 2024

Shares 29,169 Value ($000) $49 Avg Close $1.50 Range $1.16 - $1.92

Q4 2023

Shares 42,286 Value ($000) $77 Avg Close $2.16 Range $1.75 - $2.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	34,365	$62	$2.24	$1.65 - $3.73
Q3 2024	65,101	$42	$1.04	$0.62 - $1.42
Q2 2024	32,733	$41	$1.36	$1.15 - $1.87
Q1 2024	29,169	$49	$1.50	$1.16 - $1.92
Q4 2023	42,286	$77	$2.16	$1.75 - $2.66