ARES MANAGEMENT CORPORATION

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

APG Asset Management N.V.'s Holding History (CIK: 0001434819)

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

Q4 2025

Shares 104,342 Value ($000) $14,360 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 110,300 Value ($000) $15,009 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 105,800 Value ($000) $15,611 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 98,300 Value ($000) $13,342 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 98,500 Value ($000) $16,840 Avg Close $165.33 Range $147.85 - $179.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	104,342	$14,360	$154.95	$138.30 - $180.02
Q3 2025	110,300	$15,009	$178.28	$153.51 - $192.79
Q2 2025	105,800	$15,611	$155.27	$108.50 - $173.43
Q1 2025	98,300	$13,342	$168.35	$134.55 - $195.10
Q4 2024	98,500	$16,840	$165.33	$147.85 - $179.17