ARES MANAGEMENT CORPORATION

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

ADIRONDACK TRUST CO's Holding History (CIK: 0001054257)

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

Q4 2025

Shares 33 Value ($000) $5 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 33 Value ($000) $5 Avg Close $178.28 Range $153.51 - $192.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	33	$5	$154.95	$138.30 - $180.02
Q3 2025	33	$5	$178.28	$153.51 - $192.79