ARES MANAGEMENT CORPORATION

Ticker: ARES CUSIP: 03990B101 Class: CL A COM STK

CINCINNATI FINANCIAL CORP's Holding History (CIK: 0000020286)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 249,304 Value ($000) $40,295 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 168,000 Value ($000) $26,862 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 108,000 Value ($000) $18,706 Avg Close $155.27 Range $108.50 - $173.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	249,304	$40,295	$154.95	$138.30 - $180.02
Q3 2025	168,000	$26,862	$178.28	$153.51 - $192.79
Q2 2025	108,000	$18,706	$155.27	$108.50 - $173.43