VISA INC

Ticker: V CUSIP: 92826C839 Class: Common Stock

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q2 2019

Shares 1,460 Value ($000) $267 Avg Close $156.33 Range $149.14 - $167.16

Q1 2019

Shares 1,460 Value ($000) $312 Avg Close $137.38 Range $121.79 - $149.61

Q4 2018

Shares 1,460 Value ($000) $267 Avg Close $131.41 Range $115.81 - $144.08

Q3 2018

Shares 1,460 Value ($000) $263 Avg Close $135.08 Range $124.49 - $143.21

Q2 2018

Shares 2,360 Value ($000) $433 Avg Close $122.08 Range $110.61 - $129.75

Q1 2018

Shares 2,360 Value ($000) $294,000 Avg Close $114.76 Range $105.03 - $120.04

Q4 2017

Shares 2,360 Value ($000) $283 Avg Close $104.38 Range $99.07 - $108.72

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	1,460	$267	$156.33	$149.14 - $167.16
Q1 2019	1,460	$312	$137.38	$121.79 - $149.61
Q4 2018	1,460	$267	$131.41	$115.81 - $144.08
Q3 2018	1,460	$263	$135.08	$124.49 - $143.21
Q2 2018	2,360	$433	$122.08	$110.61 - $129.75
Q1 2018	2,360	$294,000	$114.76	$105.03 - $120.04
Q4 2017	2,360	$283	$104.38	$99.07 - $108.72