VALEO SPONSORED ADR

Ticker: VLEEY CUSIP: 919134304 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

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

Q2 2014
Shares 114,290 Value ($000) $7,680 Avg Close — Range —
Q1 2014
Shares 112,720 Value ($000) $7,950 Avg Close — Range —
Q4 2013
Shares 111,055 Value ($000) $6,176 Avg Close — Range —
Q3 2013
Shares 116,175 Value ($000) $4,957 Avg Close — Range —
Q2 2013
Shares 111,685 Value ($000) $3,517 Avg Close — Range —