ARES

SEC source: 0001628280-24-003153 · wk-form4_1706926486.xml · nonDerivative · entry 2

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,525,000

F3 · shares: 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 restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.

F4 · balance_after: Includes (i) the 400,000 restricted units reported in footnote one herein, (ii) the 300,000 restricted units reported in footnote three herein and (iii) 825,000 previously granted and reported 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.

SEC source: 0001628280-24-003153 · wk-form4_1706926486.xml · nonDerivative · entry 1

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,225,000

F1 · shares: Granted under an equity incentive plan of Ares Management Corporation. In exchange for such restricted units, the reporting person has agreed to reductions in certain incentive fee payments. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on June 30, 2026, 2027, 2028 and 2029. The shares of Class A Common Stock issued upon such vesting will be subject to certain lock-up restrictions.

F2 · balance_after: Includes (i) the 400,000 restricted units reported in footnote one herein and (ii) 825,000 previously granted and reported 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.

SEC source: 0001628280-24-003152 · wk-form4_1706926392.xml · nonDerivative · entry 3

deVeer R. Kipp · CIK 0001576312 · Director · Head of Credit Group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,328,525

F5 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of previously granted and reported restricted units representing the right to receive one share of Class A Common Stock 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.

F6 · balance_after: Includes (i) the 400,000 restricted units reported in footnote one herein, (ii) the 200,000 restricted units reported in footnote three herein and (iii) 475,000 previously granted and reported 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.

SEC source: 0001628280-24-003152 · wk-form4_1706926392.xml · nonDerivative · entry 2

deVeer R. Kipp · CIK 0001576312 · Director · Head of Credit Group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,410,315

F3 · shares: 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 restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.

F4 · balance_after: Includes (i) the 400,000 restricted units reported in footnote one herein, (ii) the 200,000 restricted units reported in footnote three herein and (iii) 625,000 previously granted and reported 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.

SEC source: 0001628280-24-003152 · wk-form4_1706926392.xml · nonDerivative · entry 1

deVeer R. Kipp · CIK 0001576312 · Director · Head of Credit Group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,210,315

F1 · shares: Granted under an equity incentive plan of Ares Management Corporation. In exchange for such restricted units, the reporting person has agreed to reductions in certain incentive fee payments. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting. The restrictions on such units are scheduled to lapse in four equal installments on June 30, 2026, 2027, 2028 and 2029. The shares of Class A Common Stock issued upon such vesting will be subject to certain lock-up restrictions.

F2 · balance_after: Includes (i) the 400,000 restricted units reported in footnote one herein and (ii) 625,000 previously granted and reported 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.

SEC source: 0001628280-24-003151 · wk-form4_1706926230.xml · nonDerivative · entry 2

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 291,331

F3 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.

F4 · balance_after: Includes 171,569 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.

SEC source: 0001628280-24-003151 · wk-form4_1706926230.xml · nonDerivative · entry 1

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 306,764

F1 · shares: 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 restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.

F2 · balance_after: Includes 204,069 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.

SEC source: 0001628280-24-003150 · wk-form4_1706925830.xml · nonDerivative · entry 2

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 324,251

F3 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.

F4 · balance_after: Includes 264,202 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.

SEC source: 0001628280-24-003150 · wk-form4_1706925830.xml · nonDerivative · entry 1

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 336,135

F1 · shares: 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 restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.

F2 · balance_after: Includes 289,202 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.

SEC source: 0001628280-24-003149 · wk-form4_1706925748.xml · nonDerivative · entry 2

Phillips Jarrod · CIK 0001832049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 185,814

F3 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.

F4 · balance_after: Includes 138,158 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.

SEC source: 0001628280-24-003149 · wk-form4_1706925748.xml · nonDerivative · entry 1

Phillips Jarrod · CIK 0001832049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 190,664

F1 · shares: 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 restrictions on such units are scheduled to lapse in four equal installments on January 31, 2026, 2027, 2028 and 2029.

F2 · balance_after: Includes 149,408 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.

SEC source: 0001628280-24-002005 · wk-form4_1706062724.xml · nonDerivative · entry 2

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 286,135

F3 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.

F4 · balance_after: Includes 239,202 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.

SEC source: 0001628280-24-002005 · wk-form4_1706062724.xml · nonDerivative · entry 1

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 287,958

F1 · shares: 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 restrictions on such units are scheduled to lapse in three equal installments on January 20, 2025, 2026 and 2027.

F2 · balance_after: Includes 244,229 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.

SEC source: 0001628280-24-002004 · wk-form4_1706062527.xml · nonDerivative · entry 3

Phillips Jarrod · CIK 0001832049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,664

F1 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.

F5 · balance_after: Includes 79,408 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.

SEC source: 0001628280-24-002004 · wk-form4_1706062527.xml · nonDerivative · entry 2

Phillips Jarrod · CIK 0001832049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,962

F3 · shares: 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 restrictions on such units are scheduled to lapse in three equal installments on January 20, 2025, 2026 and 2027.

F4 · balance_after: Includes 82,911 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.

SEC source: 0001628280-24-002003 · wk-form4_1706062367.xml · nonDerivative · entry 2

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 256,764

F3 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock 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.

F4 · balance_after: Includes 154,069 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.

SEC source: 0001628280-24-002003 · wk-form4_1706062367.xml · nonDerivative · entry 1

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 258,181

F1 · shares: 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 restrictions on such units are scheduled to lapse in three equal installments on January 20, 2025, 2026 and 2027.

F2 · balance_after: Includes 157,912 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.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · derivative · entry 9

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

10b5-1 filing: No plan indicated

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

Disclosed balance after: 9,946,596

Underlying: Class A Common Stock · 150,000 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.

F9 · derivative.exercise_price: Pursuant to the terms of the Fifth Amended and Restated 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.

F9 · price: Pursuant to the terms of the Fifth Amended and Restated 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.

F9 · derivative.exercise_date: Pursuant to the terms of the Fifth Amended and Restated 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.

F9 · derivative.expiration_date: Pursuant to the terms of the Fifth Amended and Restated 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.

F10 · 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: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 7

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

10b5-1 filing: No plan indicated

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 February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $108.82 to $109.30.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 6

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 3,111

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $107.73 to $108.60.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 5

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 9,810

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $106.73 to $107.72.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 4

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 20,581

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $105.73 to $106.72.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 3

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 43,277

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $104.73 to $105.72.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 2

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 83,108

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on February 22, 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 November 15, 2023 in multiple transactions at prices ranging from $103.73 to $104.72. 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 and 7.

SEC source: 0001628280-23-039379 · wk-form4_1700185272.xml · nonDerivative · entry 1

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Atticus Enterprises LLC

Disclosed balance after: 150,000

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: 0001628280-23-036850 · wk-form4_1699059700.xml · nonDerivative · entry 1

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 347,685

F1 · shares: Consists of Class A Common Stock withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the vesting of restricted units representing the right to receive one share of Class A Common Stock under an equity plan of Ares Management Corporation. Each restricted unit represents the right to receive one share of Class A Common Stock upon vesting.

F2 · balance_after: Includes 240,932 restricted units granted pursuant to 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.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.xml · nonDerivative · entry 6

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

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 0

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $101.82 to $101.84.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.xml · nonDerivative · entry 5

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

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 100

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $100.82 to $101.80.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.xml · nonDerivative · entry 4

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

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 3,738

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $99.82 to $100.77.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.xml · nonDerivative · entry 3

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

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 16,032

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $98.81 to $99.80.

SEC source: 0001628280-23-033917 · wk-form4_1696470176.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 May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $100.86 to $101.85.

SEC source: 0001628280-23-033917 · wk-form4_1696470176.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: 3,600

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $99.82 to $100.81.

SEC source: 0001628280-23-033917 · wk-form4_1696470176.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: 15,279

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 3, 2023 in multiple transactions at prices ranging from $98.82 to $99.81.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.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: 22,442

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 2, 2023 in multiple transactions at prices ranging from $102.92 to $103.69.

SEC source: 0001628280-23-033915 · wk-form4_1696470068.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: 29,602

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 2, 2023 in multiple transactions at prices ranging from $101.92 to $102.91. 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 ranges set forth in this footnote and footnotes 3, 4, 5, 6 and 7.

SEC source: 0001628280-23-033917 · wk-form4_1696470176.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: 21,818

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 2, 2023 in multiple transactions at prices ranging from $102.91 to $103.69.

SEC source: 0001628280-23-033917 · wk-form4_1696470176.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: 29,717

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 October 2, 2023 in multiple transactions at prices ranging from $101.91 to $102.90. 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: 0001628280-23-032502 · wk-form4_1695087228.xml · nonDerivative · entry 4

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 409,661

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

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold on September 15, 2023 in multiple transactions at prices ranging from $104.64 to $105.28.

F3 · balance_after: Includes 365,932 restricted units granted pursuant to 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.

SEC source: 0001628280-23-032502 · wk-form4_1695087228.xml · nonDerivative · entry 3

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 432,195

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

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold on September 15, 2023 in multiple transactions at prices ranging from $103.64 to $104.63.

F3 · balance_after: Includes 365,932 restricted units granted pursuant to 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.

SEC source: 0001628280-23-032501 · wk-form4_1695087054.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: 100,000

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 September 15, 2023 in multiple transactions at prices ranging from $104.70 to $105.33.

SEC source: 0001628280-23-032501 · wk-form4_1695087054.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: 202,141

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 September 15, 2023 in multiple transactions at prices ranging from $103.70 to $104.69. 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 footnote 3.

SEC source: 0001628280-23-032502 · wk-form4_1695087228.xml · nonDerivative · entry 2

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 444,661

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

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold on September 14, 2023 in multiple transactions at prices ranging from $105.03 to $105.23.

F3 · balance_after: Includes 365,932 restricted units granted pursuant to 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.

SEC source: 0001628280-23-032502 · wk-form4_1695087228.xml · nonDerivative · entry 1

Berry Ryan · CIK 0001493586 · Chief Mktg. & Strategy Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 449,013

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

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on September 14, 2023 in multiple transactions at prices ranging from $104.03 to $105.02. 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 and 6.

F3 · balance_after: Includes 365,932 restricted units granted pursuant to 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.

SEC source: 0001628280-23-032012 · wk-form4_1694473487.xml · nonDerivative · entry 1

deVeer R. Kipp · CIK 0001576312 · Director · Head of Credit Group

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 810,315

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 8, 2023 by the reporting person.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on September 8, 2023 in multiple transactions at prices ranging from $105.00 to $105.49. 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.

F3 · balance_after: Includes 625,000 restricted units granted pursuant to 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.

SEC source: 0001628280-23-031760 · wk-form4_1694127648.xml · nonDerivative · entry 3

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

10b5-1 filing: Plan reported

Ownership: Indirect · By Trently Holdings, LLC

Disclosed balance after: 100,000

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 September 5, 2023 in multiple transactions at prices ranging from $103.96 to $104.12.

SEC source: 0001628280-23-031760 · wk-form4_1694127648.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: 125,563

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 September 5, 2023 in multiple transactions at prices ranging from $102.96 to $103.96.

SEC source: 0001628280-23-031760 · wk-form4_1694127648.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: 282,308

F1 · kind: This transaction was effected pursuant to a 10b5-1 trading plan adopted on May 12, 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 September 5, 2023 in multiple transactions at prices ranging from $101.96 to $102.95. 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 and 4.

SEC source: 0001628280-23-031021 · wk-form4_1693434809.xml · derivative · entry 3

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 29,631 shares

Expires 2024-04-30

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_date: The options are fully vested as of May 1, 2019.

SEC source: 0001628280-23-031021 · wk-form4_1693434809.xml · nonDerivative · entry 2

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 255,355

F1 · balance_after: Includes 155,086 restricted units granted pursuant to 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.

SEC source: 0001628280-23-031021 · wk-form4_1693434809.xml · nonDerivative · entry 1

Sagati Aghili Naseem · CIK 0001779014 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 272,863

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.

F1 · balance_after: Includes 155,086 restricted units granted pursuant to 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.