ARES MANAGEMENT CORPORATION

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

CBIZ Investment Advisory Services, LLC's Holding History (CIK: 0001795934)

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

Q4 2025

Shares 68 Value ($000) $11 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 117 Value ($000) $19 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 113 Value ($000) $20 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 59 Value ($000) $9 Avg Close $168.35 Range $134.55 - $195.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	68	$11	$154.95	$138.30 - $180.02
Q3 2025	117	$19	$178.28	$153.51 - $192.79
Q2 2025	113	$20	$155.27	$108.50 - $173.43
Q1 2025	59	$9	$168.35	$134.55 - $195.10