ZEP INC

CUSIP: 98944B108 Class: COMMON STOCK

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2015
Shares 47,100 Value ($000) $802 Avg Close — Range —
Q4 2014
Shares 48,600 Value ($000) $736 Avg Close — Range —
Q3 2014
Shares 5,900 Value ($000) $83 Avg Close — Range —
Q2 2014
Shares 5,500 Value ($000) $97 Avg Close — Range —
Q1 2014
Shares 5,500 Value ($000) $97 Avg Close — Range —