ARES MANAGEMENT CORPORATION

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

MALTESE CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001040762)

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

Q3 2025

Shares 10,000 Value ($000) $1,599 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 35,000 Value ($000) $6,062 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 33,000 Value ($000) $4,838 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 27,400 Value ($000) $4,851 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 29,000 Value ($000) $4,519 Avg Close $139.75 Range $123.15 - $154.86

Q1 2024

Shares 16,100 Value ($000) $2,141 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 5,000 Value ($000) $595 Avg Close $102.46 Range $90.47 - $114.79

Q1 2023

Shares 38,500 Value ($000) $3,212 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 24,798 Value ($000) $1,697 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 25,009 Value ($000) $1,549 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 20,000 Value ($000) $1,137 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 6,000 Value ($000) $487 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 44,200 Value ($000) $3,592 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 71,791 Value ($000) $5,300 Avg Close $63.14 Range $53.28 - $71.08

Q2 2021

Shares 122,500 Value ($000) $7,790 Avg Close $48.65 Range $43.84 - $56.33

Q1 2021

Shares 50,000 Value ($000) $2,802 Avg Close $43.40 Range $38.27 - $49.81

Q4 2020

Shares 84,305 Value ($000) $3,967 Avg Close $38.71 Range $34.00 - $42.95

Q3 2020

Shares 212,000 Value ($000) $8,569 Avg Close $33.84 Range $32.04 - $35.87

Q1 2020

Shares 60,000 Value ($000) $1,856 Avg Close $28.96 Range $16.91 - $34.62

Q4 2019

Shares 318,500 Value ($000) $11,367 Avg Close $25.48 Range $21.03 - $29.79

Q3 2019

Shares 604,798 Value ($000) $16,215 Avg Close $23.22 Range $21.31 - $25.41

Q2 2019

Shares 653,400 Value ($000) $17,099 Avg Close $20.37 Range $18.53 - $23.16

Q1 2019

Shares 550,000 Value ($000) $12,766 Avg Close $17.30 Range $13.35 - $19.34

Q4 2018

Shares 430,000 Value ($000) $7,645 Avg Close $16.38 Range $12.78 - $18.30

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	10,000	$1,599	$178.28	$153.51 - $192.79
Q2 2025	35,000	$6,062	$155.27	$108.50 - $173.43
Q1 2025	33,000	$4,838	$168.35	$134.55 - $195.10
Q4 2024	27,400	$4,851	$165.33	$147.85 - $179.17
Q3 2024	29,000	$4,519	$139.75	$123.15 - $154.86
Q1 2024	16,100	$2,141	$121.35	$107.05 - $132.34
Q4 2023	5,000	$595	$102.46	$90.47 - $114.79
Q1 2023	38,500	$3,212	$73.16	$61.80 - $80.36
Q4 2022	24,798	$1,697	$65.79	$53.36 - $78.37
Q3 2022	25,009	$1,549	$63.25	$50.98 - $71.82
Q2 2022	20,000	$1,137	$61.93	$48.02 - $76.43
Q1 2022	6,000	$487	$68.19	$58.16 - $74.64
Q4 2021	44,200	$3,592	$71.78	$63.89 - $79.37
Q3 2021	71,791	$5,300	$63.14	$53.28 - $71.08
Q2 2021	122,500	$7,790	$48.65	$43.84 - $56.33
Q1 2021	50,000	$2,802	$43.40	$38.27 - $49.81
Q4 2020	84,305	$3,967	$38.71	$34.00 - $42.95
Q3 2020	212,000	$8,569	$33.84	$32.04 - $35.87
Q1 2020	60,000	$1,856	$28.96	$16.91 - $34.62
Q4 2019	318,500	$11,367	$25.48	$21.03 - $29.79
Q3 2019	604,798	$16,215	$23.22	$21.31 - $25.41
Q2 2019	653,400	$17,099	$20.37	$18.53 - $23.16
Q1 2019	550,000	$12,766	$17.30	$13.35 - $19.34
Q4 2018	430,000	$7,645	$16.38	$12.78 - $18.30