ALVAREZ CARLOS

1.1

1.1

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2021-02-26	2021-02-25	Cullen/Frost Bankers Inc (CFR)	S Sale	27,056 +44.2% 106.10 US$2,679,031	27,056 +44.2%	106.10	US$2,679,031
2021-02-23	2021-02-22	Cullen/Frost Bankers Inc (CFR)	S Sale	10,677 +36.6% 471.40 US$1,071,900	10,677 +36.6%	471.40	US$1,071,900
2021-02-18	2021-02-17	Cullen/Frost Bankers Inc (CFR)	S Sale	94,219 -28.2% 213.66 US$1,005,856	94,219 -28.2%	213.66	US$1,005,856
2021-02-11	2021-02-09	Cullen/Frost Bankers Inc (CFR)	S Sale	40,000 -8.8% 99.12 US$3,964,800	40,000 -8.8%	99.12	US$3,964,800