ARES MANAGEMENT CORPORATION

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

COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS's Holding History (CIK: 0001083190)

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

Q4 2025

Shares 47,919 Value ($000) $7,745 Avg Close $154.95 Range $138.30 - $180.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	47,919	$7,745	$154.95	$138.30 - $180.02