ARES MANAGEMENT CORPORATION

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

GTS SECURITIES LLC's Holding History (CIK: 0001452765)

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

Q4 2025

Shares 3,655 Value ($000) $591 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 1,878 Value ($000) $300 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 1,211 Value ($000) $210 Avg Close $155.27 Range $108.50 - $173.43

Q3 2024

Shares 3,253 Value ($000) $507 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,655	$591	$154.95	$138.30 - $180.02
Q3 2025	1,878	$300	$178.28	$153.51 - $192.79
Q2 2025	1,211	$210	$155.27	$108.50 - $173.43
Q3 2024	3,253	$507	$139.75	$123.15 - $154.86