ARES MANAGEMENT CORPORATION

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

Capula Management Ltd's Holding History (CIK: 0001557017)

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

Q4 2025

Shares 5,293 Value ($000) $856 Avg Close $154.95 Range $138.30 - $180.02

Q2 2025

Shares 7,850 Value ($000) $1,360 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 46,331 Value ($000) $6,793 Avg Close $168.35 Range $134.55 - $195.10

Q3 2023

Shares 2,080 Value ($000) $214 Avg Close $94.74 Range $86.95 - $101.18

Q3 2022

Shares 14,550 Value ($000) $901 Avg Close $63.25 Range $50.98 - $71.82

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,293	$856	$154.95	$138.30 - $180.02
Q2 2025	7,850	$1,360	$155.27	$108.50 - $173.43
Q1 2025	46,331	$6,793	$168.35	$134.55 - $195.10
Q3 2023	2,080	$214	$94.74	$86.95 - $101.18
Q3 2022	14,550	$901	$63.25	$50.98 - $71.82