ARES MANAGEMENT CORPORATION

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

GARDNER LEWIS ASSET MANAGEMENT L P's Holding History (CIK: 0000941560)

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

Q4 2025

Shares 6,375 Value ($000) $1,030 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 5,590 Value ($000) $894 Avg Close $178.28 Range $153.51 - $192.79

Q4 2024

Shares 11,533 Value ($000) $2,042 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 11,545 Value ($000) $1,799 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,375	$1,030	$154.95	$138.30 - $180.02
Q3 2025	5,590	$894	$178.28	$153.51 - $192.79
Q4 2024	11,533	$2,042	$165.33	$147.85 - $179.17
Q3 2024	11,545	$1,799	$139.75	$123.15 - $154.86