VEOLIA ENVIRONNEMENT

Ticker: VEOEY CUSIP: 92334N103 Class: ADR

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY

Value ($000) $20 Shares 1,126,160

Ancora Advisors LLC

Value ($000) $104 Shares 6,000

Motiv8 Investments LLC

Value ($000) $0 Shares 5,425

Financial Gravity Asset Management, Inc.

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	1,126,160	$20
Ancora Advisors LLC	6,000	$104
Motiv8 Investments LLC	5,425	$0
Financial Gravity Asset Management, Inc.	1	$0

Increased Positions (3)

Ramirez Asset Management, Inc.

Value ($000) $7,295 (+6.1%) Shares 418,004 (+3.5%)

RHUMBLINE ADVISERS

Value ($000) $640 (+21.0%) Shares 36,875 (+19.0%)

GAMMA Investing LLC

Value ($000) $153 (+3.1%) Shares 8,789 (+1.3%)

Institution	Prev Shares	Curr Shares	Change
Ramirez Asset Management, Inc.	403,726	418,004	+14,278 (+3.5%)
RHUMBLINE ADVISERS	30,983	36,875	+5,892 (+19.0%)
GAMMA Investing LLC	8,673	8,789	+116 (+1.3%)

Decreased Positions (5)

Boston Common Asset Management, LLC

Value ($000) $4,420 (-1.3%) Shares 253,260 (-3.8%)

RAELIPSKIE PARTNERSHIP

Value ($000) $804 (-0.8%) Shares 46,302 (-2.4%)

YOUSIF CAPITAL MANAGEMENT, LLC

Value ($000) $503 (-4.7%) Shares 29,829 (-3.7%)

PNC Financial Services Group, Inc.

Value ($000) $1 (-93.6%) Shares 32 (-93.7%)

Salomon & Ludwin, LLC

Value ($000) $11 (-9.5%) Shares 642 (-11.9%)

Institution	Prev Shares	Curr Shares	Change
Boston Common Asset Management, LLC	263,153	253,260	-9,893 (-3.8%)
RAELIPSKIE PARTNERSHIP	47,452	46,302	-1,150 (-2.4%)
YOUSIF CAPITAL MANAGEMENT, LLC	30,984	29,829	-1,155 (-3.7%)
PNC Financial Services Group, Inc.	510	32	-478 (-93.7%)
Salomon & Ludwin, LLC	729	642	-87 (-11.9%)