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BILL & MELINDA GATES FOUNDATION TRUST
> ECL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | ECOLAB INC. | ECL | 5,218,044 | 0 | 974,156,634,000 | 110,413,811,000 | $186,690.00 |
| 03/31/2023 | ECOLAB INC. | ECL | 5,218,044 | 0 | 863,742,823,000 | 104,204,338,000 | $165,530.00 |
| 12/31/2022 | ECOLAB INC. | ECL | 5,218,044 | 351,617 | 759,538,485,000 | 758,835,676,000 | $145,560.00 |
| 09/30/2022 | ECOLAB INC. | ECL | 4,866,427 | 500,000 | 702,809,000 | 31,427,000 | $144.42 |
| 06/30/2022 | ECOLAB INC. | ECL | 4,366,427 | 0 | 671,382,000 | -99,554,000 | $153.76 |
| 03/31/2022 | ECOLAB INC. | ECL | 4,366,427 | 0 | 770,936,000 | -253,384,000 | $176.56 |
| 12/31/2021 | ECOLAB INC. | ECL | 4,366,427 | 0 | 1,024,320,000 | 124,967,000 | $234.59 |
| 06/30/2021 | ECOLAB INC. | ECL | 4,366,427 | 1 | 899,353,000 | -35,368,000 | $205.97 |
| 03/31/2021 | ECOLAB INC. | ECL | 4,366,426 | 0 | 934,721,000 | -9,999,000 | $214.07 |
| 12/31/2020 | ECOLAB INC. | ECL | 4,366,426 | 0 | 944,720,000 | 72,133,000 | $216.36 |
| 09/30/2020 | ECOLAB INC. | ECL | 4,366,426 | 0 | 872,587,000 | 3,887,000 | $199.84 |
| 06/30/2020 | ECOLAB INC. | ECL | 4,366,426 | 0 | 868,700,000 | 188,280,000 | $198.95 |
| 03/31/2020 | ECOLAB INC. | ECL | 4,366,426 | 0 | 680,420,000 | -162,257,000 | $155.83 |
| 12/31/2019 | ECOLAB INC. | ECL | 4,366,426 | 0 | 842,677,000 | -22,050,000 | $192.99 |
| 09/30/2019 | ECOLAB INC. | ECL | 4,366,426 | 0 | 864,727,000 | 2,620,000 | $198.04 |
| 06/30/2019 | ECOLAB INC. | ECL | 4,366,426 | 0 | 862,107,000 | 91,258,000 | $197.44 |
| 03/31/2019 | ECOLAB INC. | ECL | 4,366,426 | 0 | 770,849,000 | 127,456,000 | $176.54 |
| 12/31/2018 | ECOLAB INC. | ECL | 4,366,426 | 0 | 643,393,000 | -41,175,000 | $147.35 |
| 09/30/2018 | ECOLAB INC. | ECL | 4,366,426 | 0 | 684,568,000 | 71,827,000 | $156.78 |
| 06/30/2018 | ECOLAB INC. | ECL | 4,366,426 | 0 | 612,741,000 | 26,854,000 | $140.33 |
| 12/31/2017 | ECOLAB INC. | ECL | 4,366,426 | 0 | 585,887,000 | 24,321,000 | $134.18 |
| 09/30/2017 | ECOLAB INC. | ECL | 4,366,426 | 0 | 561,566,000 | -18,077,000 | $128.61 |
| 06/30/2017 | ECOLAB INC. | ECL | 4,366,426 | 0 | 579,643,000 | 32,355,000 | $132.75 |
| 03/31/2017 | ECOLAB INC. | ECL | 4,366,426 | 0 | 547,288,000 | 35,456,000 | $125.34 |
| 12/31/2016 | ECOLAB INC. | ECL | 4,366,426 | 0 | 511,832,000 | -19,649,000 | $117.22 |
| 09/30/2016 | ECOLAB INC. | ECL | 4,366,426 | 0 | 531,481,000 | 13,623,000 | $121.72 |
| 06/30/2016 | ECOLAB INC. | ECL | 4,366,426 | 0 | 517,858,000 | 30,914,000 | $118.60 |
| 03/31/2016 | ECOLAB INC. | ECL | 4,366,426 | 1 | 486,944,000 | 172,998,000 | $111.52 |
| 12/31/2015 | ECOLAB INC. | ECL | 4,366,425 | 0 | 499,432,000 | 43,053,000 | $114.38 |
| 09/30/2015 | ECOLAB INC. | ECL | 4,366,425 | 0 | 479,084,000 | 22,705,000 | $109.72 |
| 06/30/2015 | ECOLAB INC. | ECL | 4,366,425 | 0 | 493,712,000 | 37,333,000 | $113.07 |
| 03/31/2015 | ECOLAB INC. | ECL | 4,366,425 | 0 | 499,432,000 | 43,053,000 | $114.38 |
| 12/31/2014 | ECOLAB INC. | ECL | 4,366,425 | 0 | 456,379,000 | 142,433,000 | $104.52 |
| 09/30/2014 | ECOLAB INC. | ECL | 4,366,425 | 0 | 501,397,000 | 187,451,000 | $114.83 |
| 06/30/2014 | ECOLAB INC. | ECL | 4,366,425 | 0 | 486,158,000 | 172,212,000 | $111.34 |
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