ARES MANAGEMENT CORPORATION

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

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q4 2025

Shares 110 Value ($000) $18 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 99 Value ($000) $16 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 72 Value ($000) $12 Avg Close $155.27 Range $108.50 - $173.43

Q2 2020

Shares 8,374 Value ($000) $332 Avg Close $29.64 Range $23.86 - $34.59

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	110	$18	$154.95	$138.30 - $180.02
Q3 2025	99	$16	$178.28	$153.51 - $192.79
Q2 2025	72	$12	$155.27	$108.50 - $173.43
Q2 2020	8,374	$332	$29.64	$23.86 - $34.59