NABORS INDUSTRIES LTD

Ticker: NBR CUSIP: G6359F137 Class: Common Stock

ALERUS FINANCIAL NA's Holding History (CIK: 0000919458)

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

Q4 2025

Shares 350 Value ($000) $19 Avg Close $48.74 Range $36.66 - $59.00

Q3 2025

Shares 350 Value ($000) $14 Avg Close $35.60 Range $27.33 - $44.01

Q2 2025

Shares 350 Value ($000) $10 Avg Close $29.76 Range $23.27 - $43.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	350	$19	$48.74	$36.66 - $59.00
Q3 2025	350	$14	$35.60	$27.33 - $44.01
Q2 2025	350	$10	$29.76	$23.27 - $43.39