ARES

SEC source: 0001628280-24-026718 · wk-form4_1717541092.xml · nonDerivative · entry 2

KAPLAN DAVID B · CIK 0001025976 · Director · Co-Founder

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 156,531

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $140.11 to $141.09.

SEC source: 0001628280-24-026718 · wk-form4_1717541092.xml · nonDerivative · entry 1

KAPLAN DAVID B · CIK 0001025976 · Director · Co-Founder

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 212,161

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $139.11 to $140.10. 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 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 7

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 150,000

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 6

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 150,100

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $144.13 to $144.52.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 5

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 150,641

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $143.10 to $144.04.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 4

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 155,202

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $142.10 to $143.05.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 3

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 160,485

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $141.09 to $142.09.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 2

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 167,181

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $140.09 to $141.08.

SEC source: 0001628280-24-026716 · wk-form4_1717540752.xml · nonDerivative · entry 1

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 217,910

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on March 1, 2024 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 31, 2024 in multiple transactions at prices ranging from $139.09 to $140.08. 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 3, 4, 5, 6 and 7.

SEC source: 0001628280-24-025660 · wk-form4_1717027781.xml · nonDerivative · entry 1

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Ares Owners Holdings L.P.

Disclosed balance after: 5,235,625

F1 · shares: Represents the number of shares of Class A Common Stock previously held by Ares Owners Holdings L.P. ("AOH") on behalf of the reporting person or a vehicle controlled by him, which were transferred on May 28, 2024 to a charitable foundation of which the reporting person is a trustee.

F2 · ownership.nature: The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of Class A Common Stock. The shares of Class A Common Stock indirectly held by the reporting person or the vehicle are the number of shares of Class A Common Stock that he or the vehicle has a right to receive as a limited partner in AOH.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 10

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 9

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 300

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F9 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 16, 2024 in multiple transactions at prices ranging from $148.54 to $149.53.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 8

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 24,750

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 16, 2024 in multiple transactions at prices ranging from $147.54 to $148.53.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 7

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 40,452

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 16, 2024 in multiple transactions at prices ranging from $146.54 to $147.53.

SEC source: 0001628280-24-024193 · wk-form4_1715988642.xml · derivative · entry 3

KAPLAN DAVID B · CIK 0001025976 · Director · Co-Founder

10b5-1 filing: No plan indicated

Ownership: Indirect · By Ares Owners Holdings L.P.

Disclosed balance after: 8,921,596

Underlying: Class A Common Stock · 250,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · derivative.exercise_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · derivative.expiration_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F3 · ownership.nature: The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of AOG Units. The AOG Units indirectly held by the reporting person are the number of AOG Units that he has a right to receive as a limited partner in AOH.

SEC source: 0001628280-24-024193 · wk-form4_1715988642.xml · nonDerivative · entry 1

KAPLAN DAVID B · CIK 0001025976 · Director · Co-Founder

10b5-1 filing: No plan indicated

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 250,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-24-024194 · wk-form4_1715988699.xml · derivative · entry 3

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: No plan indicated

Ownership: Indirect · By Ares Owners Holdings L.P.

Disclosed balance after: 8,921,596

Underlying: Class A Common Stock · 250,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · derivative.exercise_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F2 · derivative.expiration_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F3 · ownership.nature: The reporting person or a vehicle controlled by him is a limited partner in AOH, the direct holder of the shares of AOG Units. The AOG Units indirectly held by the reporting person are the number of AOG Units that he has a right to receive as a limited partner in AOH.

SEC source: 0001628280-24-024194 · wk-form4_1715988699.xml · nonDerivative · entry 1

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: No plan indicated

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 250,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · derivative · entry 12

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Ares Owners Holdings L.P.

Disclosed balance after: 9,521,596

Underlying: Class A Common Stock · 250,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · derivative.exercise_price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F11 · price: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F11 · derivative.exercise_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F11 · derivative.expiration_date: Pursuant to the terms of the Fifth Amended and Restated Exchange Agreement (the "Exchange Agreement"), dated as of April 1, 2021, among Ares Management Corporation, Ares Holdings L.P. and each Ares Operating Group Limited Partner (as defined in the Exchange Agreement), and subject to certain requirements and restrictions, the partnership units of the Ares Operating Group ("AOG Units") are exchangeable for shares of Class A Common Stock on a one-for-one basis.

F12 · ownership.nature: The reporting person or a vehicle controlled by him is a limited partner in Ares Owners Holdings L.P. ("AOH"), the direct holder of the shares of AOG Units. The AOG Units indirectly held by the reporting person are the number of AOG Units that he has a right to receive as a limited partner in AOH.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 6

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 92,163

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 15, 2024 in multiple transactions at prices ranging from $149.92 to $149.96.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 5

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 92,569

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 15, 2024 in multiple transactions at prices ranging from $148.92 to $149.91.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 4

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 153,518

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 15, 2024 in multiple transactions at prices ranging from $147.92 to $148.91.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 3

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 174,934

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 15, 2024 in multiple transactions at prices ranging from $146.92 to $147.91.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 2

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 224,571

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on May 15, 2024 in multiple transactions at prices ranging from $145.92 to $146.91. 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 range set forth in this footnote and footnotes 3, 4, 5, 6, 7, 8 and 9.

SEC source: 0001628280-24-024192 · wk-form4_1715988588.xml · nonDerivative · entry 1

Arougheti Michael J · CIK 0001304471 · Director · Co-Founder, CEO and President

10b5-1 filing: Plan reported

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 250,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-24-016997 · wk-form4_1713565658.xml · nonDerivative · entry 3

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 17, 2024 in multiple transactions at prices ranging from $132.31 to $132.61.

SEC source: 0001628280-24-016997 · wk-form4_1713565658.xml · nonDerivative · entry 2

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 1,600

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 17, 2024 in multiple transactions at prices ranging from $131.31 to $132.27.

SEC source: 0001628280-24-016997 · wk-form4_1713565658.xml · nonDerivative · entry 1

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 106,376

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 17, 2024 in multiple transactions at prices ranging from $130.31 to $131.30. 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 and 5.

F3 · balance_after: The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 143,569 shares of Class A Common Stock previously reported as indirectly held by the reporting person through Ares Owners Holdings L.P. ("AOH"), which shares were transferred to the reporting person or a vehicle controlled by him.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 9

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F12 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 16, 2024 in multiple transactions at prices ranging from $130.76 to $131.16.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 8

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 80,592

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F11 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 16, 2024 in multiple transactions at prices ranging from $129.73 to $130.72.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 7

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 120,544

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F10 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 16, 2024 in multiple transactions at prices ranging from $128.72 to $129.71.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 6

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 150,133

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 16, 2024 in multiple transactions at prices ranging from $127.72 to $128.71.

F9 · balance_after: The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 159,860 shares of Class A Common Stock previously reported as indirectly held by the reporting person through AOH, which shares were transferred to the reporting person or a vehicle controlled by him.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 5

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $132.01 to $132.70.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 4

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 6,214

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $130.99 to $131.98.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 3

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 12,164

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $129.99 to $130.98.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 2

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 30,526

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $128.97 to $129.96.

SEC source: 0001628280-24-016491 · wk-form4_1713317828.xml · nonDerivative · entry 1

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 60,029

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $127.97 to $128.94. 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, 8, 10, 11 and 12.

F3 · balance_after: The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 94,697 shares of Class A Common Stock previously reported as indirectly held by the reporting person through Ares Owners Holdings L.P. ("AOH"), which shares were transferred to the reporting person or a vehicle controlled by him.

SEC source: 0001628280-24-016492 · wk-form4_1713317876.xml · nonDerivative · entry 5

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $132.08 to $132.70.

SEC source: 0001628280-24-016492 · wk-form4_1713317876.xml · nonDerivative · entry 4

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 4,008

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $130.99 to $131.93.

SEC source: 0001628280-24-016492 · wk-form4_1713317876.xml · nonDerivative · entry 3

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 6,561

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $129.99 to $130.98.

SEC source: 0001628280-24-016492 · wk-form4_1713317876.xml · nonDerivative · entry 2

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 19,456

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $128.99 to $129.90.

SEC source: 0001628280-24-016492 · wk-form4_1713317876.xml · nonDerivative · entry 1

Rosenthal Bennett · CIK 0001304465 · Director · Co-Founder & Chairman of PEG

10b5-1 filing: Plan reported

Ownership: Indirect · By BAR Holdings, LLC

Disclosed balance after: 30,195

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 14, 2023 by the reporting person, or a vehicle controlled by him.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 15, 2024 in multiple transactions at prices ranging from $127.98 to $128.97. 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 3, 4, 5 and 6.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 10

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 9

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 1,554

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F12 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 12, 2024 in multiple transactions at prices ranging from $132.35 to $133.34.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 8

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 21,568

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F10 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 12, 2024 in multiple transactions at prices ranging from $131.35 to $132.34.

F11 · balance_after: The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 114,492 shares of Class A Common Stock previously reported as indirectly held by the reporting person through AOH, which shares were transferred to the reporting person or a vehicle controlled by him.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 7

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 6

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 1

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F9 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 11, 2024 in multiple transactions at prices ranging from $133.95 to $134.94.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 5

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 116,541

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 11, 2024 in multiple transactions at prices ranging from $132.95 to $133.94.

F8 · balance_after: The shares of Class A Common Stock reported as sold and the number of shares owned after such sale includes 175,000 shares of Class A Common Stock previously reported as indirectly held by the reporting person through AOH, which shares were transferred to the reporting person or a vehicle controlled by him.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 4

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 10, 2024 in multiple transactions at prices ranging from $134.78 to $135.56.

SEC source: 0001628280-24-016123 · wk-form4_1712969684.xml · nonDerivative · entry 3

RESSLER ANTONY P · CIK 0001025978 · Director · Co-Founder & Exec. Chairman · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · By TJ Capital Investors, LLC

Disclosed balance after: 43,319

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on December 15, 2023 by the reporting person, or a vehicle controlled by him.

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on April 10, 2024 in multiple transactions at prices ranging from $133.78 to $134.77.