ARES MANAGEMENT CORPORATION

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

North Star Investment Management Corp.'s Holding History (CIK: 0001342857)

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

Q4 2025

Shares 27 Value ($000) $4 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 3 Value ($000) $0 Avg Close $178.28 Range $153.51 - $192.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27	$4	$154.95	$138.30 - $180.02
Q3 2025	3	$0	$178.28	$153.51 - $192.79