DDC ENTERPRISE LTD

Ticker: DDC CUSIP: G276AC119 Class: CL A ORD SHS

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

XTX Topco Ltd

Value ($000) $42 Shares 20,397

ExodusPoint Capital Management, LP

Value ($000) $32 Shares 15,656

CITADEL ADVISORS LLC

Value ($000) $33 Shares 15,882

Institution	Shares	Value ($000)
XTX Topco Ltd	20,397	$42
ExodusPoint Capital Management, LP	15,656	$32
CITADEL ADVISORS LLC	15,882	$33

Increased Positions (3)

MORGAN STANLEY

Value ($000) $21 (+20.6%) Shares 10,000 (+400.0%)

Vontobel Holding Ltd.

Value ($000) $55 (-72.8%) Shares 26,745 (+12.6%)

UBS Group AG

Value ($000) $2 (+131.0%) Shares 1,064 (+858.6%)

Institution	Prev Shares	Curr Shares	Change
MORGAN STANLEY	2,000	10,000	+8,000 (+400.0%)
Vontobel Holding Ltd.	23,746	26,745	+2,999 (+12.6%)
UBS Group AG	111	1,064	+953 (+858.6%)

Exited Positions (4)

Anson Funds Management LP

Value ($000) $548 Shares 64,498

Ursa Fund Management, LLC

Value ($000) $131 Shares 15,400

BNP PARIBAS ARBITRAGE, SA

Value ($000) $10 Shares 1,200

JPMORGAN CHASE & CO

Value ($000) $6 Shares 700

Institution	Prev Shares	Prev Value ($000)
Anson Funds Management LP	64,498	$548
Ursa Fund Management, LLC	15,400	$131
BNP PARIBAS ARBITRAGE, SA	1,200	$10
JPMORGAN CHASE & CO	700	$6