ARES MANAGEMENT CORPORATION

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

ALTA FOX CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001858353)

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

Q4 2025

Shares 100,600 Value ($000) $16,260 Avg Close $154.95 Range $138.30 - $180.02

Q2 2025

Shares 79,332 Value ($000) $13,740 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 16,732 Value ($000) $2,453 Avg Close $168.35 Range $134.55 - $195.10

Q2 2023

Shares 49,368 Value ($000) $4,757 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 142,368 Value ($000) $11,879 Avg Close $73.16 Range $61.80 - $80.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	100,600	$16,260	$154.95	$138.30 - $180.02
Q2 2025	79,332	$13,740	$155.27	$108.50 - $173.43
Q1 2025	16,732	$2,453	$168.35	$134.55 - $195.10
Q2 2023	49,368	$4,757	$80.33	$72.34 - $91.06
Q1 2023	142,368	$11,879	$73.16	$61.80 - $80.36