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FACTORY MUTUAL INSURANCE CO
> ECL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2023 | ECOLAB INC. | ECL | 108,600 | -2,000 | 17,976,558,000 | 17,960,586,000 | $165,530.00 |
| 09/30/2022 | ECOLAB INC. | ECL | 110,600 | -1,900 | 15,972,000 | -1,326,000 | $144.41 |
| 06/30/2022 | ECOLAB INC. | ECL | 112,500 | 32,900 | 17,298,000 | 3,244,000 | $153.76 |
| 03/31/2022 | ECOLAB INC. | ECL | 79,600 | 0 | 14,054,000 | -760,000 | $176.56 |
| 12/31/2021 | ECOLAB INC. | ECL | 79,600 | -5,300 | 14,814,000 | -2,898,000 | $186.11 |
| 09/30/2021 | ECOLAB INC. | ECL | 84,900 | -1,800 | 17,712,000 | -146,000 | $208.62 |
| 06/30/2021 | ECOLAB INC. | ECL | 86,700 | -1,500 | 17,858,000 | -1,023,000 | $205.97 |
| 03/31/2021 | ECOLAB INC. | ECL | 88,200 | 0 | 18,881,000 | -202,000 | $214.07 |
| 12/31/2020 | ECOLAB INC. | ECL | 88,200 | -1,700 | 19,083,000 | 1,117,000 | $216.36 |
| 09/30/2020 | ECOLAB INC. | ECL | 89,900 | 0 | 17,966,000 | 80,000 | $199.84 |
| 06/30/2020 | ECOLAB INC. | ECL | 89,900 | -1,900 | 17,886,000 | 3,581,000 | $198.95 |
| 03/31/2020 | ECOLAB INC. | ECL | 91,800 | 0 | 14,305,000 | -3,411,000 | $155.83 |
| 12/31/2019 | ECOLAB INC. | ECL | 91,800 | 0 | 17,716,000 | -464,000 | $192.98 |
| 09/30/2019 | ECOLAB INC. | ECL | 91,800 | 0 | 18,180,000 | 55,000 | $198.04 |
| 06/30/2019 | ECOLAB INC. | ECL | 91,800 | 0 | 18,125,000 | 1,517,000 | $197.44 |
| 03/31/2019 | ECOLAB INC. | ECL | 91,800 | 0 | 16,608,000 | 3,081,000 | $180.92 |
| 12/31/2018 | ECOLAB INC. | ECL | 91,800 | -45,000 | 13,527,000 | -7,921,000 | $147.35 |
| 09/30/2018 | ECOLAB INC. | ECL | 136,800 | -37,800 | 21,448,000 | -3,054,000 | $156.78 |
| 06/30/2018 | ECOLAB INC. | ECL | 174,600 | 0 | 24,502,000 | 570,000 | $140.33 |
| 03/31/2018 | ECOLAB INC. | ECL | 174,600 | 0 | 23,932,000 | 504,000 | $137.07 |
| 12/31/2017 | ECOLAB INC. | ECL | 174,600 | 0 | 23,428,000 | 250,000 | $134.18 |
| 06/30/2017 | ECOLAB INC. | ECL | 174,600 | 0 | 23,178,000 | 1,293,000 | $132.75 |
| 03/31/2017 | ECOLAB INC. | ECL | 174,600 | -55,500 | 21,885,000 | -5,225,000 | $125.34 |
| 12/31/2016 | ECOLAB INC. | ECL | 230,100 | 0 | 27,110,000 | -898,000 | $117.82 |
| 09/30/2016 | ECOLAB INC. | ECL | 230,100 | 0 | 28,008,000 | 718,000 | $121.72 |
| 06/30/2016 | ECOLAB INC. | ECL | 230,100 | 25,500 | 27,290,000 | 7,084,000 | $118.60 |
| 03/31/2016 | ECOLAB INC. | ECL | 230,100 | 25,500 | 25,661,000 | 5,455,000 | $111.52 |
| 12/31/2015 | ECOLAB INC. | ECL | 190,100 | -57,000 | 21,744,000 | -5,368,000 | $114.38 |
| 09/30/2015 | ECOLAB INC. | ECL | 247,100 | 42,500 | 27,112,000 | 6,906,000 | $109.72 |
| 06/30/2015 | ECOLAB INC. | ECL | 247,100 | 22,500 | 27,940,000 | 4,465,000 | $113.07 |
| 03/31/2015 | ECOLAB INC. | ECL | 247,100 | 22,500 | 28,262,000 | 4,787,000 | $114.37 |
| 12/31/2014 | ECOLAB INC. | ECL | 224,600 | 20,000 | 23,475,000 | 3,269,000 | $104.52 |
| 09/30/2014 | ECOLAB INC. | ECL | 194,600 | 30,000 | 22,346,000 | 4,571,000 | $114.83 |
| 06/30/2014 | ECOLAB INC. | ECL | 194,600 | 30,000 | 21,667,000 | 3,892,000 | $111.34 |
| 03/31/2014 | ECOLAB INC. | ECL | 164,600 | -40,000 | 17,775,000 | -2,431,000 | $107.99 |
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