UNITED BANCSHARES INC OHIO

Ticker: UBOH CUSIP: 909458101 Class: COM

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q4 2017
Shares 24,104 Value ($000) $535 Avg Close — Range —
Q3 2017
Shares 44,236 Value ($000) $995 Avg Close — Range —
Q2 2017
Shares 44,236 Value ($000) $1,033 Avg Close — Range —
Q1 2017
Shares 44,236 Value ($000) $921 Avg Close — Range —
Q4 2016
Shares 44,236 Value ($000) $947 Avg Close — Range —
Q3 2016
Shares 44,236 Value ($000) $884 Avg Close — Range —
Q2 2016
Shares 44,236 Value ($000) $787 Avg Close — Range —
Q1 2016
Shares 44,236 Value ($000) $823 Avg Close — Range —
Q4 2015
Shares 44,236 Value ($000) $807 Avg Close — Range —
Q3 2015
Shares 41,681 Value ($000) $654 Avg Close — Range —
Q2 2015
Shares 41,681 Value ($000) $645 Avg Close — Range —
Q1 2015
Shares 33,647 Value ($000) $511 Avg Close — Range —
Q4 2014
Shares 23,710 Value ($000) $343 Avg Close — Range —
Q3 2014
Shares 23,710 Value ($000) $355 Avg Close — Range —
Q2 2014
Shares 23,710 Value ($000) $317 Avg Close — Range —
Q1 2014
Shares 23,710 Value ($000) $372 Avg Close — Range —
Q4 2013
Shares 23,710 Value ($000) $339 Avg Close — Range —
Q3 2013
Shares 23,710 Value ($000) $302 Avg Close — Range —
Q2 2013
Shares 23,710 Value ($000) $287 Avg Close — Range —