SANGOMA TECHNOLOGIES CORP

Ticker: SANG CUSIP: 80100R408 Class: COM NEW

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

CITADEL ADVISORS LLC
Value ($000) $65 Shares 12,844
Tower Research Capital LLC (TRC)
Value ($000) $4 Shares 789

Increased Positions (8)

Ewing Morris & Co. Investment Partners Ltd.
Value ($000) $2,513 (+31.8%) Shares 493,954 (+28.6%)
INTACT INVESTMENT MANAGEMENT INC.
Value ($000) $3,274 (+19.2%) Shares 652,325 (+17.9%)
ROYAL BANK OF CANADA
Value ($000) $526 (+56.1%) Shares 103,813 (+51.2%)
MORGAN STANLEY
Value ($000) $100 (+27.9%) Shares 19,700 (+23.9%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $128 (+9.6%) Shares 25,373 (+7.1%)
BANK OF AMERICA CORP /DE/
Value ($000) $54 (+15.0%) Shares 10,700 (+11.5%)
Federation des caisses Desjardins du Quebec
Value ($000) $7 (+7.3%) Shares 1,330 (+6.0%)
ACADIAN ASSET MANAGEMENT LLC
Value ($000) $1 (+15.4%) Shares 153,592 (+13.7%)

Decreased Positions (3)

BARD ASSOCIATES INC
Value ($000) $313 (-15.1%) Shares 61,688 (-17.7%)
Connor, Clark & Lunn Investment Management Ltd.
Value ($000) $1,408 (-1.7%) Shares 280,433 (-2.8%)
UBS Group AG
Value ($000) $2 (-89.4%) Shares 297 (-89.8%)

Exited Positions (1)

SCOTIA CAPITAL INC.
Value ($000) $90 Shares 18,290