ULTIMATE SOFTWARE GROUP INC

CUSIP: 90385D107 Class: COM

Robeco Institutional Asset Management B.V.'s Holding History (CIK: 0001418773)

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

Q2 2016
Shares 9,104 Value ($000) $1,914 Avg Close — Range —
Q1 2016
Shares 9,104 Value ($000) $1,762 Avg Close — Range —
Q4 2015
Shares 9,104 Value ($000) $1,780 Avg Close — Range —