ARES MANAGEMENT CORPORATION

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

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC's Holding History (CIK: 0000898286)

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

Q1 2025

Shares 15,748 Value ($000) $2,309 Avg Close $168.35 Range $134.55 - $195.10

Q4 2023

Shares 914 Value ($000) $109 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 9,590 Value ($000) $987 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 17,700 Value ($000) $1,705 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 9,600 Value ($000) $801 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 8,000 Value ($000) $548 Avg Close $65.79 Range $53.36 - $78.37

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2025	15,748	$2,309	$168.35	$134.55 - $195.10
Q4 2023	914	$109	$102.46	$90.47 - $114.79
Q3 2023	9,590	$987	$94.74	$86.95 - $101.18
Q2 2023	17,700	$1,705	$80.33	$72.34 - $91.06
Q1 2023	9,600	$801	$73.16	$61.80 - $80.36
Q4 2022	8,000	$548	$65.79	$53.36 - $78.37