ARES MANAGEMENT CORPORATION

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

AGF MANAGEMENT LTD's Holding History (CIK: 0001003518)

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

Q4 2025

Shares 3,600 Value ($000) $582 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 3,600 Value ($000) $576 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 1,218,249 Value ($000) $211,001 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 1,528,148 Value ($000) $224,042 Avg Close $168.35 Range $134.55 - $195.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,600	$582	$154.95	$138.30 - $180.02
Q3 2025	3,600	$576	$178.28	$153.51 - $192.79
Q2 2025	1,218,249	$211,001	$155.27	$108.50 - $173.43
Q1 2025	1,528,148	$224,042	$168.35	$134.55 - $195.10