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ARROW FINANCIAL CORP
> EFA
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | iSHARES TRUST | EFA | 54 | -16 | 3,915,000 | 3,910,000 | $72,500.00 |
| 12/31/2022 | iSHARES TRUST | EFA | 70 | -80 | 5,000 | -3,000 | $71.43 |
| 09/30/2022 | iSHARES TRUST | EFA | 150 | 0 | 8,000 | -1,000 | $53.33 |
| 06/30/2022 | iSHARES TRUST | EFA | 150 | 0 | 9,000 | -2,000 | $60.00 |
| 03/31/2022 | iSHARES TRUST | EFA | 150 | -85 | 11,000 | -7,000 | $73.33 |
| 12/31/2021 | iSHARES TRUST | EFA | 235 | 0 | 18,000 | 0 | $76.60 |
| 09/30/2021 | iSHARES TRUST | EFA | 235 | 0 | 18,000 | 1,000 | $76.60 |
| 12/31/2020 | iSHARES TRUST | EFA | 235 | 0 | 17,000 | 2,000 | $72.34 |
| 09/30/2020 | iSHARES TRUST | EFA | 235 | 0 | 15,000 | 1,000 | $63.83 |
| 06/30/2020 | iSHARES TRUST | EFA | 235 | 4 | 14,000 | 2,000 | $59.57 |
| 03/31/2020 | iSHARES TRUST | EFA | 231 | 0 | 12,000 | -4,000 | $51.95 |
| 12/31/2019 | iSHARES TRUST | EFA | 231 | -50 | 16,000 | -2,000 | $69.26 |
| 09/30/2019 | iSHARES TRUST | EFA | 281 | -275 | 18,000 | -19,000 | $64.06 |
| 06/30/2019 | iSHARES TRUST | EFA | 556 | -286 | 37,000 | -18,000 | $66.55 |
| 03/31/2019 | iSHARES TRUST | EFA | 842 | -400 | 55,000 | -18,000 | $65.32 |
| 12/31/2018 | iSHARES TRUST | EFA | 1,242 | -2,293 | 73,000 | -167,000 | $58.78 |
| 09/30/2018 | iSHARES TRUST | EFA | 3,535 | -236 | 240,000 | -13,000 | $67.89 |
| 06/30/2018 | iSHARES TRUST | EFA | 3,771 | -241 | 253,000 | -27,000 | $67.09 |
| 03/31/2018 | iSHARES TRUST | EFA | 4,012 | -373 | 280,000 | -28,000 | $69.79 |
| 12/31/2017 | iSHARES TRUST | EFA | 4,385 | 372 | 308,000 | 33,000 | $70.24 |
| 09/30/2017 | iSHARES TRUST | EFA | 4,013 | -153 | 275,000 | 4,000 | $68.53 |
| 06/30/2017 | iSHARES TRUST | EFA | 4,166 | -248 | 271,000 | -4,000 | $65.05 |
| 03/31/2017 | iSHARES TRUST | EFA | 4,414 | 4,414 | 275,000 | 275,000 | $62.30 |
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