ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Sumitomo Mitsui Trust Holdings, Inc.'s Holding History (CIK: 0001475365)

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

Q4 2025

Shares 1,671,274 Value ($000) $33,810 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 1,517,560 Value ($000) $30,973 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 1,260,403 Value ($000) $27,678 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 1,104,408 Value ($000) $24,474 Avg Close $20.85 Range $19.58 - $21.80

Q4 2024

Shares 938,635 Value ($000) $20,547 Avg Close $19.38 Range $18.52 - $20.24

Q3 2024

Shares 885,406 Value ($000) $18,540 Avg Close $18.23 Range $16.88 - $18.78

Q2 2024

Shares 846,847 Value ($000) $17,648 Avg Close $17.90 Range $17.19 - $18.65

Q1 2024

Shares 793,507 Value ($000) $16,521 Avg Close $16.97 Range $16.50 - $17.82

Q4 2023

Shares 797,778 Value ($000) $15,979 Avg Close $15.96 Range $15.11 - $16.83

Q3 2023

Shares 798,065 Value ($000) $15,538 Avg Close $15.48 Range $14.81 - $16.12

Q2 2023

Shares 833,040 Value ($000) $15,653 Avg Close $14.38 Range $13.58 - $15.16

Q1 2023

Shares 844,006 Value ($000) $15,424 Avg Close $14.33 Range $12.98 - $15.20

Q4 2022

Shares 854,276 Value ($000) $15,778 Avg Close $13.85 Range $12.13 - $14.57

Q3 2022

Shares 831,110 Value ($000) $14,029 Avg Close $13.92 Range $12.26 - $14.87

Q2 2022

Shares 937,354 Value ($000) $16,807 Avg Close $13.84 Range $12.20 - $15.83

Q1 2022

Shares 955,541 Value ($000) $20,019 Avg Close $14.63 Range $13.59 - $15.72

Q4 2021

Shares 1,011,436 Value ($000) $21,432 Avg Close $13.96 Range $13.29 - $14.62

Q3 2021

Shares 1,069,168 Value ($000) $21,736 Avg Close $13.21 Range $12.76 - $13.85

Q2 2021

Shares 1,303,243 Value ($000) $25,531 Avg Close $12.51 Range $11.72 - $13.01

Q1 2021

Shares 1,518,749 Value ($000) $28,416 Avg Close $11.38 Range $10.33 - $12.22

Q4 2020

Shares 1,699,203 Value ($000) $28,700 Avg Close $9.58 Range $8.32 - $10.75

Q3 2020

Shares 2,003,965 Value ($000) $27,955 Avg Close $8.55 Range $8.07 - $9.08

Q2 2020

Shares 2,096,163 Value ($000) $30,290 Avg Close $7.90 Range $5.17 - $9.48

Q1 2020

Shares 2,269,524 Value ($000) $24,465 Avg Close $9.57 Range $4.60 - $10.93

Q4 2017

Shares 10,500 Value ($000) $165 Avg Close $7.48 Range $7.21 - $7.65

Q3 2017

Shares 10,163 Value ($000) $167 Avg Close $7.28 Range $7.04 - $7.54

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,671,274	$33,810	$19.79	$18.36 - $20.64
Q3 2025	1,517,560	$30,973	$21.33	$19.60 - $22.39
Q2 2025	1,260,403	$27,678	$19.97	$17.08 - $21.13
Q1 2025	1,104,408	$24,474	$20.85	$19.58 - $21.80
Q4 2024	938,635	$20,547	$19.38	$18.52 - $20.24
Q3 2024	885,406	$18,540	$18.23	$16.88 - $18.78
Q2 2024	846,847	$17,648	$17.90	$17.19 - $18.65
Q1 2024	793,507	$16,521	$16.97	$16.50 - $17.82
Q4 2023	797,778	$15,979	$15.96	$15.11 - $16.83
Q3 2023	798,065	$15,538	$15.48	$14.81 - $16.12
Q2 2023	833,040	$15,653	$14.38	$13.58 - $15.16
Q1 2023	844,006	$15,424	$14.33	$12.98 - $15.20
Q4 2022	854,276	$15,778	$13.85	$12.13 - $14.57
Q3 2022	831,110	$14,029	$13.92	$12.26 - $14.87
Q2 2022	937,354	$16,807	$13.84	$12.20 - $15.83
Q1 2022	955,541	$20,019	$14.63	$13.59 - $15.72
Q4 2021	1,011,436	$21,432	$13.96	$13.29 - $14.62
Q3 2021	1,069,168	$21,736	$13.21	$12.76 - $13.85
Q2 2021	1,303,243	$25,531	$12.51	$11.72 - $13.01
Q1 2021	1,518,749	$28,416	$11.38	$10.33 - $12.22
Q4 2020	1,699,203	$28,700	$9.58	$8.32 - $10.75
Q3 2020	2,003,965	$27,955	$8.55	$8.07 - $9.08
Q2 2020	2,096,163	$30,290	$7.90	$5.17 - $9.48
Q1 2020	2,269,524	$24,465	$9.57	$4.60 - $10.93
Q4 2017	10,500	$165	$7.48	$7.21 - $7.65
Q3 2017	10,163	$167	$7.28	$7.04 - $7.54