UPWORK INC

Ticker: UPWK CUSIP: 91688F104 Class: Common Stock

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

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

Q4 2025

Shares 36,755 Value ($000) $728 Avg Close $18.34 Range $15.61 - $22.32

Q3 2025

Shares 31,550 Value ($000) $586 Avg Close $14.89 Range $11.46 - $20.54

Q3 2023

Shares 11,617 Value ($000) $0 Avg Close $12.41 Range $8.49 - $15.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	36,755	$728	$18.34	$15.61 - $22.32
Q3 2025	31,550	$586	$14.89	$11.46 - $20.54
Q3 2023	11,617	$0	$12.41	$8.49 - $15.88