MELAR ACQUISITION CORP. I

Ticker: MACIW CUSIP: G6004G118 Class: *W EXP 06/01/203

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

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

Q4 2025
Shares 236,041 Value ($000) $33 Avg Close — Range —
Q3 2025
Shares 414,711 Value ($000) $66 Avg Close — Range —
Q2 2025
Shares 509,029 Value ($000) $153 Avg Close — Range —
Q1 2025
Shares 529,029 Value ($000) $74 Avg Close — Range —
Q4 2024
Shares 454,151 Value ($000) $54 Avg Close — Range —
Q3 2024
Shares 359,151 Value ($000) $32 Avg Close — Range —