ARES MANAGEMENT CORPORATION

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

PFG Investments, LLC's Holding History (CIK: 0001973224)

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

Q4 2025

Shares 1,440 Value ($000) $233 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 1,329 Value ($000) $213 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 1,477 Value ($000) $256 Avg Close $155.27 Range $108.50 - $173.43

Q4 2024

Shares 1,345 Value ($000) $238 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 1,466 Value ($000) $228 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,440	$233	$154.95	$138.30 - $180.02
Q3 2025	1,329	$213	$178.28	$153.51 - $192.79
Q2 2025	1,477	$256	$155.27	$108.50 - $173.43
Q4 2024	1,345	$238	$165.33	$147.85 - $179.17
Q3 2024	1,466	$228	$139.75	$123.15 - $154.86