ARES MANAGEMENT CORPORATION

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

Hanson & Doremus Investment Management's Holding History (CIK: 0001393944)

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

Q3 2025

Shares 104 Value ($000) $0 Avg Close $178.28 Range $153.51 - $192.79

Q4 2023

Shares 8 Value ($000) $0 Avg Close $102.46 Range $90.47 - $114.79

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	104	$0	$178.28	$153.51 - $192.79
Q4 2023	8	$0	$102.46	$90.47 - $114.79