ZENAS BIOPHARMA INC

Ticker: ZBIO CUSIP: 98937L105 Class: Common Stock

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

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

Q4 2025

Shares 12,781 Value ($000) $464 Avg Close $32.89 Range $18.33 - $44.60

Q3 2025

Shares 12,227 Value ($000) $271 Avg Close $16.28 Range $8.91 - $22.45

Q2 2025

Shares 280 Value ($000) $3 Avg Close $9.74 Range $6.11 - $12.56

Q1 2025

Shares 22,990 Value ($000) $182 Avg Close $7.83 Range $5.83 - $10.95

Q4 2024

Shares 22,990 Value ($000) $188 Avg Close $15.60 Range $7.79 - $26.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,781	$464	$32.89	$18.33 - $44.60
Q3 2025	12,227	$271	$16.28	$8.91 - $22.45
Q2 2025	280	$3	$9.74	$6.11 - $12.56
Q1 2025	22,990	$182	$7.83	$5.83 - $10.95
Q4 2024	22,990	$188	$15.60	$7.79 - $26.25