ARDMORE SHIPPING CORP

Ticker: ASC CUSIP: Y0207T100 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 16,529 Value ($000) $175 Avg Close $11.89 Range $10.37 - $13.56

Q3 2025

Shares 12,201 Value ($000) $145 Avg Close $11.16 Range $9.47 - $13.45

Q4 2023

Shares 12,024 Value ($000) $0 Avg Close $12.34 Range $10.72 - $13.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,529	$175	$11.89	$10.37 - $13.56
Q3 2025	12,201	$145	$11.16	$9.47 - $13.45
Q4 2023	12,024	$0	$12.34	$10.72 - $13.96