ARES MANAGEMENT CORPORATION

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

Munro Partners's Holding History (CIK: 0001768744)

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

Q3 2025

Shares 364,115 Value ($000) $58,218 Avg Close $178.28 Range $153.51 - $192.79

Q1 2025

Shares 22,790 Value ($000) $3,341 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 152,415 Value ($000) $26,982 Avg Close $165.33 Range $147.85 - $179.17

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	364,115	$58,218	$178.28	$153.51 - $192.79
Q1 2025	22,790	$3,341	$168.35	$134.55 - $195.10
Q4 2024	152,415	$26,982	$165.33	$147.85 - $179.17