UPWORK INC

Ticker: UPWK CUSIP: 91688F104 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2025

Shares 109,717 Value ($000) $2,175 Avg Close $18.34 Range $15.61 - $22.32

Q3 2025

Shares 320,317 Value ($000) $5,948 Avg Close $14.89 Range $11.46 - $20.54

Q2 2025

Shares 185,226 Value ($000) $2,489 Avg Close $14.36 Range $11.13 - $17.75

Q4 2024

Shares 72,102 Value ($000) $1,179 Avg Close $14.40 Range $9.93 - $18.14

Q3 2024

Shares 184,394 Value ($000) $1,927 Avg Close $10.43 Range $8.43 - $12.30

Q2 2024

Shares 165,689 Value ($000) $1,781 Avg Close $11.35 Range $10.10 - $13.30

Q1 2024

Shares 128,473 Value ($000) $1,575 Avg Close $13.60 Range $11.63 - $16.36

Q4 2023

Shares 178,955 Value ($000) $2,661 Avg Close $12.90 Range $9.56 - $15.95

Q3 2023

Shares 134,353 Value ($000) $1,526 Avg Close $12.41 Range $8.49 - $15.88

Q2 2023

Shares 86,949 Value ($000) $812 Avg Close $9.06 Range $6.56 - $11.26

Q1 2023

Shares 157,964 Value ($000) $1,788 Avg Close $11.90 Range $9.92 - $14.76

Q4 2022

Shares 116,942 Value ($000) $1,221 Avg Close $12.34 Range $9.79 - $15.28

Q3 2022

Shares 95,826 Value ($000) $1,305,150 Avg Close $18.80 Range $13.29 - $25.05

Q2 2022

Shares 62,460 Value ($000) $1,291,672 Avg Close $19.66 Range $14.85 - $25.07

Q1 2022

Shares 170,434 Value ($000) $3,960,886 Avg Close $25.02 Range $17.85 - $34.83

Q4 2021

Shares 252,415 Value ($000) $8,622,496 Avg Close $44.20 Range $31.31 - $61.90

Q3 2021

Shares 284,467 Value ($000) $12,809,549 Avg Close $48.74 Range $39.45 - $64.49

Q2 2021

Shares 200,327 Value ($000) $11,677,060 Avg Close $47.00 Range $35.25 - $61.21

Q1 2021

Shares 82,912 Value ($000) $3,711,970 Avg Close $46.16 Range $33.11 - $63.88

Q1 2020

Shares 12,056 Value ($000) $78 Avg Close $8.58 Range $5.14 - $10.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	109,717	$2,175	$18.34	$15.61 - $22.32
Q3 2025	320,317	$5,948	$14.89	$11.46 - $20.54
Q2 2025	185,226	$2,489	$14.36	$11.13 - $17.75
Q4 2024	72,102	$1,179	$14.40	$9.93 - $18.14
Q3 2024	184,394	$1,927	$10.43	$8.43 - $12.30
Q2 2024	165,689	$1,781	$11.35	$10.10 - $13.30
Q1 2024	128,473	$1,575	$13.60	$11.63 - $16.36
Q4 2023	178,955	$2,661	$12.90	$9.56 - $15.95
Q3 2023	134,353	$1,526	$12.41	$8.49 - $15.88
Q2 2023	86,949	$812	$9.06	$6.56 - $11.26
Q1 2023	157,964	$1,788	$11.90	$9.92 - $14.76
Q4 2022	116,942	$1,221	$12.34	$9.79 - $15.28
Q3 2022	95,826	$1,305,150	$18.80	$13.29 - $25.05
Q2 2022	62,460	$1,291,672	$19.66	$14.85 - $25.07
Q1 2022	170,434	$3,960,886	$25.02	$17.85 - $34.83
Q4 2021	252,415	$8,622,496	$44.20	$31.31 - $61.90
Q3 2021	284,467	$12,809,549	$48.74	$39.45 - $64.49
Q2 2021	200,327	$11,677,060	$47.00	$35.25 - $61.21
Q1 2021	82,912	$3,711,970	$46.16	$33.11 - $63.88
Q1 2020	12,056	$78	$8.58	$5.14 - $10.66