PANGAEA LOGISTICS SOLUTION L

Ticker: PANL CUSIP: G6891L105 Class: Foreign Stock

Belpointe Asset Management LLC's Holding History (CIK: 0001721242)

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

Q1 2023

Shares 4,500 Value ($000) $26 Avg Close $5.10 Range $4.34 - $6.11

Q4 2022

Shares 4,500 Value ($000) $23 Avg Close $4.12 Range $3.64 - $4.47

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2023	4,500	$26	$5.10	$4.34 - $6.11
Q4 2022	4,500	$23	$4.12	$3.64 - $4.47