Alibaba Group’s BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares BEST Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-500,000	Closed	-$1.33M	–	4
2024 Q4	$1.33M	Hold	500,000	–	–	0.24%	4
2024 Q3	$1.38M	Hold	500,000	–	–	0.29%	4
2024 Q2	$1.38M	Hold	500,000	–	–	1.06%	5
2024 Q1	$1.1M	Hold	500,000	–	–	0.71%	6
2023 Q4	$1.28M	Hold	500,000	–	–	0.3%	9
2023 Q3	$1.11M	Hold	500,000	–	–	0.23%	9
2023 Q2	$1.07M	Hold	500,000	–	–	0.21%	9
2023 Q1	$1.58M	Hold	500,000	–	–	0.24%	9
2022 Q4	$1.1M	Hold	500,000	–	–	0.17%	9
2022 Q3	$1.38M	Hold	500,000	–	–	0.31%	7
2022 Q2	$2.36M	Hold	500,000	–	–	0.33%	6
2022 Q1	$6.45M	Hold	500,000	–	–	0.91%	6
2021 Q4	$8.52M	Hold	500,000	–	–	0.74%	6
2021 Q3	$16.7M	Hold	500,000	–	–	1.18%	6
2021 Q2	$17.8M	Hold	500,000	–	–	0.83%	6
2021 Q1	$18.9M	Hold	500,000	–	–	0.98%	6
2020 Q4	$20.4M	Hold	500,000	–	–	1.05%	7
2020 Q3	$30M	Hold	500,000	–	–	2.46%	7
2020 Q2	$42.8M	Hold	500,000	–	–	3.63%	5
2020 Q1	$53.5M	Hold	500,000	–	–	5.73%	5
2019 Q4	$55.6M	Hold	500,000	–	–	4.52%	6
2019 Q3	$52.8M	Hold	500,000	–	–	4.65%	6
2019 Q2	$55.1M	Hold	500,000	–	–	6.08%	5
2019 Q1	$52.3M	Hold	500,000	–	–	4.72%	5
2018 Q4	$41.1M	Hold	500,000	–	–	5.19%	4
2018 Q3	$59.2M	Hold	500,000	–	–	5.58%	4
2018 Q2	$122M	Hold	500,000	–	–	9.54%	4
2018 Q1	$103M	Hold	500,000	–	–	6.83%	4
2017 Q4	$89.8M	Hold	500,000	–	–	6.85%	4
2017 Q3	$120M	Buy	+500,000	New	+$120M	8.94%	4