ARES MANAGEMENT CORPORATION

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

BlackRock, Inc.'s Holding History (CIK: 0002012383)

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

Q4 2025

Shares 16,209,382 Value ($000) $2,619,922 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 12,956,798 Value ($000) $2,071,663 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 13,196,497 Value ($000) $2,285,633 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 12,783,274 Value ($000) $1,874,156 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 13,021,415 Value ($000) $2,305,181 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 12,805,456 Value ($000) $1,995,602 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,209,382	$2,619,922	$154.95	$138.30 - $180.02
Q3 2025	12,956,798	$2,071,663	$178.28	$153.51 - $192.79
Q2 2025	13,196,497	$2,285,633	$155.27	$108.50 - $173.43
Q1 2025	12,783,274	$1,874,156	$168.35	$134.55 - $195.10
Q4 2024	13,021,415	$2,305,181	$165.33	$147.85 - $179.17
Q3 2024	12,805,456	$1,995,602	$139.75	$123.15 - $154.86