ARES MANAGEMENT CORPORATION

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

Nuveen, LLC's Holding History (CIK: 0001871926)

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

Q4 2025

Shares 2,358,996 Value ($000) $381,284 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 2,011,473 Value ($000) $321,614 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 2,163,291 Value ($000) $374,682 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 1,777,531 Value ($000) $260,604 Avg Close $168.35 Range $134.55 - $195.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,358,996	$381,284	$154.95	$138.30 - $180.02
Q3 2025	2,011,473	$321,614	$178.28	$153.51 - $192.79
Q2 2025	2,163,291	$374,682	$155.27	$108.50 - $173.43
Q1 2025	1,777,531	$260,604	$168.35	$134.55 - $195.10