X0508 4 2026-02-04 0 0001176948 Ares Management Corp ARES 0001779014 Sagati Aghili Naseem 1800 AVENUE OF THE STARS SUITE 1400 LOS ANGELES CA 90067 0 1 0 0 General Counsel 1 Class A Common Stock 2026-02-04 4 S 0 300 126.68 D 330510 D Class A Common Stock 2026-02-04 4 S 0 300 128.98 D 330210 D Class A Common Stock 2026-02-04 4 S 0 100 131.61 D 330110 D Class A Common Stock 2026-02-04 4 S 0 300 134 D 329810 D Class A Common Stock 2026-02-04 4 S 0 1110 135.28 D 328700 D Class A Common Stock 2026-02-04 4 S 0 611 136.74 D 328089 D Class A Common Stock 2026-02-04 4 S 0 1200 137.72 D 326889 D This transaction was effected pursuant to a 10b5-1 trading plan adopted on June 11, 2025 by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $126.41 to $127.21. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnotes 4, 5, 6, 7 and 8. Includes 204,872 restricted units granted under an equity incentive plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restricted units vest in installments in accordance with the applicable restricted unit award agreement. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $128.65 to $129.60. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $133.47 to $134.27. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $134.78 to $135.76. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $136.45 to $137.25. The price reported in Column 4 is a weighted average price. These shares were sold on February 4, 2026 in multiple transactions at prices ranging from $137.45 to $138.07. /s/ Naseem Sagati Aghili 2026-02-06