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BEL AIR INVESTMENT ADVISORS LLC
> ECL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2021 | ECOLAB INC. | ECL | 144,134 | -11,066 | 29,687,000 | -3,537,000 | $205.97 |
| 03/31/2021 | ECOLAB INC. | ECL | 155,200 | 140,994 | 33,224,000 | 31,821,000 | $214.07 |
| 09/30/2017 | ECOLAB INC. | ECL | 0 | -14,206 | 0 | -1,403,000 | |
| 06/30/2017 | ECOLAB INC. | ECL | 0 | -14,206 | 0 | -1,403,000 | |
| 03/31/2017 | ECOLAB INC. | ECL | 0 | -14,206 | 0 | -1,403,000 | |
| 12/31/2016 | ECOLAB INC. | ECL | 0 | -14,206 | 0 | -1,403,000 | |
| 09/30/2016 | ECOLAB INC. | ECL | 0 | -14,206 | 0 | -1,403,000 | |
| 09/30/2013 | ECOLAB INC. | ECL | 14,206 | 1 | 1,403,000 | 193,000 | $98.76 |
| 06/30/2013 | ECOLAB INC. | ECL | 14,205 | 250 | 1,210,000 | 207,000 | $85.18 |
| 03/31/2013 | ECOLAB INC. | ECL | 14,478 | 523 | 1,161,000 | 158,000 | $80.19 |
| 12/31/2012 | ECOLAB INC. | ECL | 13,955 | -13,790 | 1,003,000 | -795,000 | $71.87 |
| 09/30/2012 | ECOLAB INC. | ECL | 27,745 | 310 | 1,798,000 | -82,000 | $64.80 |
| 06/30/2012 | ECOLAB INC. | ECL | 27,435 | -300 | 1,880,000 | 168,000 | $68.53 |
| 03/31/2012 | ECOLAB INC. | ECL | 27,735 | 0 | 1,712,000 | 109,000 | $61.73 |
| 12/31/2011 | ECOLAB INC. | ECL | 27,735 | 0 | 1,603,000 | 247,000 | $57.80 |
| 09/30/2011 | ECOLAB INC. | ECL | 27,735 | -1,020 | 1,356,000 | -265,000 | $48.89 |
| 06/30/2011 | ECOLAB INC. | ECL | 28,755 | 0 | 1,621,000 | 154,000 | $56.37 |
| 03/31/2011 | ECOLAB INC. | ECL | 28,755 | -995 | 1,467,000 | -33,000 | $51.02 |
| 12/31/2010 | ECOLAB INC. | ECL | 29,750 | 7,400 | 1,500,000 | 366,000 | $50.42 |
| 09/30/2010 | ECOLAB INC. | ECL | 22,350 | 22,350 | 1,134,000 | 1,134,000 | $50.74 |
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