TAL EDUCATION GROUP

Ticker: TAL CUSIP: 874080104 Class: Foreign Stock

Rakuten Investment Management, Inc.'s Holding History (CIK: 0002062680)

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

Q4 2025

Shares 15,620 Value ($000) $172 Avg Close — Range —

Q3 2025

Shares 700 Value ($000) $20 Avg Close — Range —

Q1 2025

Shares 9,895 Value ($000) $132 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	15,620	$172	—	—
Q3 2025	700	$20	—	—
Q1 2025	9,895	$132	—	—