UNITED AIRLS HLDGS INC

Ticker: UAL CUSIP: 910047109 Class: COM

EDMOND DE ROTHSCHILD HOLDING S.A.'s Holding History (CIK: 0001649647)

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

Q4 2016

Shares 365,990 Value ($000) $26,673 Avg Close $63.72 Range $51.34 - $76.80

Q3 2016

Shares 442,990 Value ($000) $23,244 Avg Close $48.11 Range $37.64 - $54.53

Q2 2016

Shares 497,990 Value ($000) $20,438 Avg Close $47.32 Range $37.41 - $58.90

Q1 2016

Shares 425,990 Value ($000) $25,500 Avg Close $53.10 Range $42.17 - $61.41

Q4 2015

Shares 529,590 Value ($000) $30,346 Avg Close $57.74 Range $49.76 - $61.87

Q3 2015

Shares 659,590 Value ($000) $34,991 Avg Close $56.42 Range $49.20 - $62.21

Q2 2015

Shares 970,490 Value ($000) $51,446 Avg Close $57.89 Range $49.85 - $65.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	365,990	$26,673	$63.72	$51.34 - $76.80
Q3 2016	442,990	$23,244	$48.11	$37.64 - $54.53
Q2 2016	497,990	$20,438	$47.32	$37.41 - $58.90
Q1 2016	425,990	$25,500	$53.10	$42.17 - $61.41
Q4 2015	529,590	$30,346	$57.74	$49.76 - $61.87
Q3 2015	659,590	$34,991	$56.42	$49.20 - $62.21
Q2 2015	970,490	$51,446	$57.89	$49.85 - $65.85