SHOALS TECHNOLOGIES GROUP IN

Ticker: SHLS CUSIP: 82489W107 Class: Common Stock

SBI Securities Co., Ltd.'s Holding History (CIK: 0001851815)

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

Q4 2025

Shares 2,017 Value ($000) $17 Avg Close $8.98 Range $7.24 - $11.36

Q3 2025

Shares 2,406 Value ($000) $18 Avg Close $6.15 Range $4.18 - $8.20

Q2 2025

Shares 4,088 Value ($000) $17 Avg Close $4.35 Range $2.92 - $6.46

Q1 2025

Shares 4,228 Value ($000) $14 Avg Close $4.16 Range $2.71 - $6.40

Q4 2024

Shares 2,831 Value ($000) $16 Avg Close $5.08 Range $4.07 - $6.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,017	$17	$8.98	$7.24 - $11.36
Q3 2025	2,406	$18	$6.15	$4.18 - $8.20
Q2 2025	4,088	$17	$4.35	$2.92 - $6.46
Q1 2025	4,228	$14	$4.16	$2.71 - $6.40
Q4 2024	2,831	$16	$5.08	$4.07 - $6.17