ARES MANAGEMENT CORPORATION

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

Northwest & Ethical Investments L.P.'s Holding History (CIK: 0002033536)

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

Q4 2025

Shares 5,370 Value ($000) $877 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 4,460 Value ($000) $729 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 5,260 Value ($000) $911 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 4,546 Value ($000) $665 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 1,525 Value ($000) $270 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 1,525 Value ($000) $238 Avg Close $139.75 Range $123.15 - $154.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,370	$877	$154.95	$138.30 - $180.02
Q3 2025	4,460	$729	$178.28	$153.51 - $192.79
Q2 2025	5,260	$911	$155.27	$108.50 - $173.43
Q1 2025	4,546	$665	$168.35	$134.55 - $195.10
Q4 2024	1,525	$270	$165.33	$147.85 - $179.17
Q3 2024	1,525	$238	$139.75	$123.15 - $154.86