ARES MANAGEMENT CORPORATION

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

Frank, Rimerman Advisors LLC's Holding History (CIK: 0001977560)

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

Q4 2025

Shares 4,526 Value ($000) $732 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 4,487 Value ($000) $717 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 4,490 Value ($000) $778 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 5,446 Value ($000) $798 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 4,775 Value ($000) $845 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 4,710 Value ($000) $734 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 4,703 Value ($000) $627 Avg Close $130.61 Range $119.64 - $143.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,526	$732	$154.95	$138.30 - $180.02
Q3 2025	4,487	$717	$178.28	$153.51 - $192.79
Q2 2025	4,490	$778	$155.27	$108.50 - $173.43
Q1 2025	5,446	$798	$168.35	$134.55 - $195.10
Q4 2024	4,775	$845	$165.33	$147.85 - $179.17
Q3 2024	4,710	$734	$139.75	$123.15 - $154.86
Q2 2024	4,703	$627	$130.61	$119.64 - $143.42