SHOALS TECHNOLOGIES GROUP IN

Ticker: SHLS CUSIP: 82489W107 Class: Common Stock

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q4 2025

Shares 373,772 Value ($000) $3,177 Avg Close $8.98 Range $7.24 - $11.36

Q3 2025

Shares 365,849 Value ($000) $2,711 Avg Close $6.15 Range $4.18 - $8.20

Q2 2025

Shares 527,345 Value ($000) $2,241 Avg Close $4.35 Range $2.92 - $6.46

Q1 2025

Shares 195,328 Value ($000) $648 Avg Close $4.16 Range $2.71 - $6.40

Q4 2024

Shares 657,589 Value ($000) $3,636 Avg Close $5.08 Range $4.07 - $6.17

Q3 2024

Shares 467,835 Value ($000) $2,625 Avg Close $5.98 Range $4.88 - $7.08

Q2 2024

Shares 1,910,121 Value ($000) $11,919 Avg Close $7.98 Range $6.08 - $11.60

Q2 2023

Shares 309,832 Value ($000) $7,919 Avg Close $23.13 Range $17.32 - $26.65

Q1 2023

Shares 59,500 Value ($000) $1,356 Avg Close $24.68 Range $18.38 - $30.10

Q4 2022

Shares 220,225 Value ($000) $5,433 Avg Close $24.14 Range $18.72 - $32.43

Q3 2022

Shares 108,211 Value ($000) $2,332 Avg Close $22.34 Range $13.92 - $28.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	373,772	$3,177	$8.98	$7.24 - $11.36
Q3 2025	365,849	$2,711	$6.15	$4.18 - $8.20
Q2 2025	527,345	$2,241	$4.35	$2.92 - $6.46
Q1 2025	195,328	$648	$4.16	$2.71 - $6.40
Q4 2024	657,589	$3,636	$5.08	$4.07 - $6.17
Q3 2024	467,835	$2,625	$5.98	$4.88 - $7.08
Q2 2024	1,910,121	$11,919	$7.98	$6.08 - $11.60
Q2 2023	309,832	$7,919	$23.13	$17.32 - $26.65
Q1 2023	59,500	$1,356	$24.68	$18.38 - $30.10
Q4 2022	220,225	$5,433	$24.14	$18.72 - $32.43
Q3 2022	108,211	$2,332	$22.34	$13.92 - $28.47