X0508 4 2024-02-23 0001481792 Quad/Graphics, Inc. QUAD 0001552972 ASHWORTH ERIC N C/O QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089 1 EVP Product & Market Strategy 0 Class A Common Stock 371.9567 I By 401(a) Plan Class A Common Stock 2024-02-23 4 D 0 6994 5.3448 D 270852 D Class A Common Stock 2024-02-26 4 D 0 17316 5.3323 D 253536 D Class A Common Stock 2024-02-27 4 D 0 12684 5.5165 D 240852 D Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 01/31/2024. The price in column 4 is a weighted average price. The prices actually received ranged from $5.32 to $5.415 per share. The reporting person has provided the issuer, and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4, utilizing an average weighted price. The price in Column 4 is a weighted average price. The prices actually received ranged from $5.30 to $5.42. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price. The price in Column 4 is a weighted average price. The prices actually received ranged from $5.35 to $5.615. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price. /s/ Alexander N. Pyke, attorney-in-fact for Eric N. Ashworth 2024-02-27