ARES MANAGEMENT CORPORATION

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

Siemens Fonds Invest GmbH's Holding History (CIK: 0001856637)

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

Q4 2025

Shares 3,008 Value ($000) $491 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 3,008 Value ($000) $481 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 2,846 Value ($000) $493 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 2,167 Value ($000) $318 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 2,011 Value ($000) $360 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 2,011 Value ($000) $313 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,008	$491	$154.95	$138.30 - $180.02
Q3 2025	3,008	$481	$178.28	$153.51 - $192.79
Q2 2025	2,846	$493	$155.27	$108.50 - $173.43
Q1 2025	2,167	$318	$168.35	$134.55 - $195.10
Q4 2024	2,011	$360	$165.33	$147.85 - $179.17
Q3 2024	2,011	$313	$139.75	$123.15 - $154.86