UDEMY INC

Ticker: UDMY CUSIP: 902685106 Class: Common Stock

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

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

Q4 2025

Shares 27,016 Value ($000) $158 Avg Close $5.83 Range $4.86 - $7.21

Q3 2025

Shares 23,443 Value ($000) $164 Avg Close $7.01 Range $6.49 - $8.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,016	$158	$5.83	$4.86 - $7.21
Q3 2025	23,443	$164	$7.01	$6.49 - $8.09