ZOETIS INC

Ticker: ZTS CUSIP: 98978V103 Class: CL A

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2025

Shares 124,555 Value ($000) $15,672 Avg Close $130.26 Range $115.25 - $148.27

Q3 2025

Shares 133,711 Value ($000) $19,565 Avg Close $150.53 Range $138.86 - $160.67

Q2 2025

Shares 137,030 Value ($000) $21,370 Avg Close $157.38 Range $138.28 - $171.06

Q1 2025

Shares 139,675 Value ($000) $22,997 Avg Close $164.52 Range $152.76 - $175.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	124,555	$15,672	$130.26	$115.25 - $148.27
Q3 2025	133,711	$19,565	$150.53	$138.86 - $160.67
Q2 2025	137,030	$21,370	$157.38	$138.28 - $171.06
Q1 2025	139,675	$22,997	$164.52	$152.76 - $175.60