VANECK ETF TRUST

Ticker: GDX CUSIP: 92189F106 Class: GOLD MINERS ETF

Valence8 US LP's Holding History (CIK: 0001943819)

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

Q4 2025

Shares 87,482 Value ($000) $7,503 Avg Close — Range —

Q3 2025

Shares 87,027 Value ($000) $6,649 Avg Close — Range —

Q2 2025

Shares 87,027 Value ($000) $4,531 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	87,482	$7,503	—	—
Q3 2025	87,027	$6,649	—	—
Q2 2025	87,027	$4,531	—	—