SCHWEITZER-MAUDUIT INTL INC

Ticker: MATV CUSIP: 808541106 Class: Common Stock

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

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

Q1 2020

Shares 9,460 Value ($000) $263 Avg Close $25.13 Range $15.12 - $31.73

Q4 2019

Shares 9,460 Value ($000) $397 Avg Close $30.82 Range $24.80 - $34.82

Q3 2019

Shares 9,310 Value ($000) $349 Avg Close $25.30 Range $23.39 - $28.59

Q2 2019

Shares 11,820 Value ($000) $392 Avg Close $24.50 Range $21.39 - $28.33

Q1 2019

Shares 13,320 Value ($000) $515 Avg Close $24.39 Range $17.33 - $29.60

Q4 2018

Shares 13,200 Value ($000) $331 Avg Close $21.65 Range $17.34 - $27.14

Q2 2018

Shares 11,310 Value ($000) $494 Avg Close $29.33 Range $26.11 - $31.26

Q1 2018

Shares 15,270 Value ($000) $598 Avg Close $28.88 Range $26.31 - $32.67

Q4 2017

Shares 14,600 Value ($000) $662 Avg Close $29.31 Range $27.56 - $31.46

Q3 2017

Shares 13,480 Value ($000) $559 Avg Close $25.71 Range $24.14 - $28.14

Q2 2017

Shares 9,210 Value ($000) $343 Avg Close $25.97 Range $24.19 - $29.14

Q1 2017

Shares 9,080 Value ($000) $376 Avg Close $27.92 Range $25.83 - $30.30

Q4 2016

Shares 8,940 Value ($000) $407 Avg Close $26.02 Range $22.53 - $30.29

Q3 2016

Shares 13,220 Value ($000) $509 Avg Close $24.15 Range $21.76 - $25.79

Q2 2016

Shares 13,110 Value ($000) $462 Avg Close $21.16 Range $18.85 - $22.85

Q1 2016

Shares 12,930 Value ($000) $407 Avg Close $22.15 Range $18.11 - $25.98

Q4 2015

Shares 6,160 Value ($000) $259 Avg Close $24.50 Range $20.79 - $26.78

Q3 2015

Shares 5,960 Value ($000) $205 Avg Close $22.11 Range $19.61 - $24.74

Q2 2015

Shares 5,820 Value ($000) $232 Avg Close $25.46 Range $22.96 - $27.86

Q1 2015

Shares 5,700 Value ($000) $263 Avg Close $25.78 Range $22.83 - $28.40

Q4 2014

Shares 7,800 Value ($000) $330 Avg Close $24.50 Range $20.85 - $26.08

Q3 2014

Shares 7,800 Value ($000) $322 Avg Close $24.92 Range $23.78 - $26.37

Q2 2014

Shares 7,600 Value ($000) $332 Avg Close $24.37 Range $22.46 - $25.83

Q1 2014

Shares 7,600 Value ($000) $324 Avg Close $26.23 Range $23.85 - $29.36

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	9,460	$263	$25.13	$15.12 - $31.73
Q4 2019	9,460	$397	$30.82	$24.80 - $34.82
Q3 2019	9,310	$349	$25.30	$23.39 - $28.59
Q2 2019	11,820	$392	$24.50	$21.39 - $28.33
Q1 2019	13,320	$515	$24.39	$17.33 - $29.60
Q4 2018	13,200	$331	$21.65	$17.34 - $27.14
Q2 2018	11,310	$494	$29.33	$26.11 - $31.26
Q1 2018	15,270	$598	$28.88	$26.31 - $32.67
Q4 2017	14,600	$662	$29.31	$27.56 - $31.46
Q3 2017	13,480	$559	$25.71	$24.14 - $28.14
Q2 2017	9,210	$343	$25.97	$24.19 - $29.14
Q1 2017	9,080	$376	$27.92	$25.83 - $30.30
Q4 2016	8,940	$407	$26.02	$22.53 - $30.29
Q3 2016	13,220	$509	$24.15	$21.76 - $25.79
Q2 2016	13,110	$462	$21.16	$18.85 - $22.85
Q1 2016	12,930	$407	$22.15	$18.11 - $25.98
Q4 2015	6,160	$259	$24.50	$20.79 - $26.78
Q3 2015	5,960	$205	$22.11	$19.61 - $24.74
Q2 2015	5,820	$232	$25.46	$22.96 - $27.86
Q1 2015	5,700	$263	$25.78	$22.83 - $28.40
Q4 2014	7,800	$330	$24.50	$20.85 - $26.08
Q3 2014	7,800	$322	$24.92	$23.78 - $26.37
Q2 2014	7,600	$332	$24.37	$22.46 - $25.83
Q1 2014	7,600	$324	$26.23	$23.85 - $29.36