CUMULUS MEDIA INC

Ticker: CMLS CUSIP: 231082801 Class: Common Stock

ARES MANAGEMENT LLC's Holding History (CIK: 0001259313)

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

Q1 2020

Shares 71,358 Value ($000) $387 Avg Close $11.98 Range $4.31 - $17.73

Q4 2019

Shares 71,358 Value ($000) $1,254 Avg Close $15.32 Range $12.72 - $18.15

Q3 2019

Shares 71,358 Value ($000) $1,038 Avg Close $15.03 Range $12.45 - $18.85

Q2 2019

Shares 71,358 Value ($000) $1,324 Avg Close $17.50 Range $14.61 - $19.18

Q1 2019

Shares 83,033 Value ($000) $1,495 Avg Close $15.38 Range $10.99 - $20.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	71,358	$387	$11.98	$4.31 - $17.73
Q4 2019	71,358	$1,254	$15.32	$12.72 - $18.15
Q3 2019	71,358	$1,038	$15.03	$12.45 - $18.85
Q2 2019	71,358	$1,324	$17.50	$14.61 - $19.18
Q1 2019	83,033	$1,495	$15.38	$10.99 - $20.00