ARES MANAGEMENT CORPORATION

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

Generali Asset Management SPA SGR's Holding History (CIK: 0002046751)

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

Q4 2025

Shares 6,202 Value ($000) $1,002 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 14,099 Value ($000) $2,254 Avg Close $178.28 Range $153.51 - $192.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,202	$1,002	$154.95	$138.30 - $180.02
Q3 2025	14,099	$2,254	$178.28	$153.51 - $192.79