SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

KLP KAPITALFORVALTNING AS's Holding History (CIK: 0001717443)

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

Q4 2025

Shares 10,000 Value ($000) $116 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 8,000 Value ($000) $107 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 8,000 Value ($000) $109 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 8,000 Value ($000) $101 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 8,000 Value ($000) $101 Avg Close $13.44 Range $12.01 - $16.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,000	$116	$11.83	$9.67 - $13.90
Q3 2025	8,000	$107	$13.74	$11.71 - $15.84
Q2 2025	8,000	$109	$12.69	$10.07 - $14.46
Q1 2025	8,000	$101	$11.76	$9.77 - $13.61
Q4 2024	8,000	$101	$13.44	$12.01 - $16.28