POWELL MAX LIMITED

Ticker: PMAX CUSIP: G7200G100 Class: ORD SHS CL A

Holders for Q4 2025 Position Changes for Q4 2025

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

Exited Positions (4)

XTX Topco Ltd
Value ($000) $17 Shares 61,988
MORGAN STANLEY
Value ($000) $20 Shares 73,356
TWO SIGMA SECURITIES, LLC
Value ($000) $3 Shares 12,024
UBS Group AG
Value ($000) $1 Shares 2,204