ARES MANAGEMENT CORPORATION

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

BANK OF MONTREAL /CAN/'s Holding History (CIK: 0000927971)

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

Q4 2025

Shares 145,946 Value ($000) $23,589 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 23,596 Value ($000) $3,773 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 55,894 Value ($000) $9,681 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 65,176 Value ($000) $9,555 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 22,170 Value ($000) $3,925 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 22,118 Value ($000) $3,471 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 21,169 Value ($000) $2,866 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 36,600 Value ($000) $4,933 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 27,518 Value ($000) $3,309 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 28,304 Value ($000) $2,980 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 27,401 Value ($000) $2,662 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 39,278 Value ($000) $3,280 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 41,654 Value ($000) $2,868 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 204,606 Value ($000) $13,499 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 30,016 Value ($000) $1,770 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 32,899 Value ($000) $2,690 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 12,083 Value ($000) $991 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 39,210 Value ($000) $2,896 Avg Close $63.14 Range $53.28 - $71.08

Q1 2021

Shares 992 Value ($000) $56 Avg Close $43.40 Range $38.27 - $49.81

Q4 2020

Shares 1,391 Value ($000) $65 Avg Close $38.71 Range $34.00 - $42.95

Q3 2020

Shares 2,391 Value ($000) $101 Avg Close $33.84 Range $32.04 - $35.87

Q2 2020

Shares 549 Value ($000) $22 Avg Close $29.64 Range $23.86 - $34.59

Q1 2020

Shares 481 Value ($000) $14 Avg Close $28.96 Range $16.91 - $34.62

Q4 2019

Shares 9,227 Value ($000) $329 Avg Close $25.48 Range $21.03 - $29.79

Q3 2019

Shares 5,877 Value ($000) $158 Avg Close $23.22 Range $21.31 - $25.41

Q2 2019

Shares 5,336 Value ($000) $140 Avg Close $20.37 Range $18.53 - $23.16

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	145,946	$23,589	$154.95	$138.30 - $180.02
Q3 2025	23,596	$3,773	$178.28	$153.51 - $192.79
Q2 2025	55,894	$9,681	$155.27	$108.50 - $173.43
Q1 2025	65,176	$9,555	$168.35	$134.55 - $195.10
Q4 2024	22,170	$3,925	$165.33	$147.85 - $179.17
Q3 2024	22,118	$3,471	$139.75	$123.15 - $154.86
Q2 2024	21,169	$2,866	$130.61	$119.64 - $143.42
Q1 2024	36,600	$4,933	$121.35	$107.05 - $132.34
Q4 2023	27,518	$3,309	$102.46	$90.47 - $114.79
Q3 2023	28,304	$2,980	$94.74	$86.95 - $101.18
Q2 2023	27,401	$2,662	$80.33	$72.34 - $91.06
Q1 2023	39,278	$3,280	$73.16	$61.80 - $80.36
Q4 2022	41,654	$2,868	$65.79	$53.36 - $78.37
Q3 2022	204,606	$13,499	$63.25	$50.98 - $71.82
Q2 2022	30,016	$1,770	$61.93	$48.02 - $76.43
Q1 2022	32,899	$2,690	$68.19	$58.16 - $74.64
Q4 2021	12,083	$991	$71.78	$63.89 - $79.37
Q3 2021	39,210	$2,896	$63.14	$53.28 - $71.08
Q1 2021	992	$56	$43.40	$38.27 - $49.81
Q4 2020	1,391	$65	$38.71	$34.00 - $42.95
Q3 2020	2,391	$101	$33.84	$32.04 - $35.87
Q2 2020	549	$22	$29.64	$23.86 - $34.59
Q1 2020	481	$14	$28.96	$16.91 - $34.62
Q4 2019	9,227	$329	$25.48	$21.03 - $29.79
Q3 2019	5,877	$158	$23.22	$21.31 - $25.41
Q2 2019	5,336	$140	$20.37	$18.53 - $23.16