ECARX HOLDINGS INC

Ticker: ECXWW CUSIP: G29201111 Class: *W EXP 99/99/999

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

HRT FINANCIAL LP

Value ($000) $0 Shares 33,090

Institution	Shares	Value ($000)
HRT FINANCIAL LP	33,090	$0

Increased Positions (1)

TORONTO DOMINION BANK

Value ($000) $247 (-18.1%) Shares 5,487,204 (+9.2%)

Institution	Prev Shares	Curr Shares	Change
TORONTO DOMINION BANK	5,026,628	5,487,204	+460,576 (+9.2%)

Decreased Positions (5)

HEIGHTS CAPITAL MANAGEMENT, INC

Value ($000) $1 (-80.8%) Shares 27,181 (-81.8%)

BOOTHBAY FUND MANAGEMENT, LLC

Value ($000) $69 (-26.2%) Shares 40,132 (-13.7%)

METEORA CAPITAL, LLC

Value ($000) $9 (-35.2%) Shares 195,188 (-13.7%)

Clear Street Group Inc.

Value ($000) $10 (-32.4%) Shares 225,284 (-10.0%)

Value ($000) $0 (-79.5%) Shares 200 (-73.0%)

Institution	Prev Shares	Curr Shares	Change
HEIGHTS CAPITAL MANAGEMENT, INC	149,100	27,181	-121,919 (-81.8%)
BOOTHBAY FUND MANAGEMENT, LLC	46,526	40,132	-6,394 (-13.7%)
METEORA CAPITAL, LLC	226,288	195,188	-31,100 (-13.7%)
Clear Street Group Inc.	250,384	225,284	-25,100 (-10.0%)
UBS Group AG	741	200	-541 (-73.0%)

Exited Positions (3)

Arena Capital Advisors, LLC- CA

Value ($000) $3 Shares 48,842

Westchester Capital Management, LLC

Value ($000) $7 Shares 124,999

DG Capital Management, LLC

Value ($000) $2 Shares 46,113

Institution	Prev Shares	Prev Value ($000)
Arena Capital Advisors, LLC- CA	48,842	$3
Westchester Capital Management, LLC	124,999	$7
DG Capital Management, LLC	46,113	$2