PAGAYA TECHNOLOGIES LTD

Ticker: PGY CUSIP: M7S64L123 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 51,709 Value ($000) $1,081 Avg Close $25.47 Range $20.24 - $33.12

Q3 2025

Shares 34,136 Value ($000) $1,013 Avg Close $32.30 Range $21.05 - $44.99

Q2 2025

Shares 90,541 Value ($000) $1,930 Avg Close $14.23 Range $8.50 - $22.10

Q1 2025

Shares 24,783 Value ($000) $260 Avg Close $11.09 Range $8.27 - $19.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	51,709	$1,081	$25.47	$20.24 - $33.12
Q3 2025	34,136	$1,013	$32.30	$21.05 - $44.99
Q2 2025	90,541	$1,930	$14.23	$8.50 - $22.10
Q1 2025	24,783	$260	$11.09	$8.27 - $19.20