SHORE BANCSHARES INC

Ticker: SHBI CUSIP: 825107105 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 21,691 Value ($000) $383 Avg Close $16.78 Range $14.93 - $19.22

Q3 2025

Shares 16,733 Value ($000) $275 Avg Close $16.47 Range $14.96 - $17.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	21,691	$383	$16.78	$14.93 - $19.22
Q3 2025	16,733	$275	$16.47	$14.96 - $17.67