| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARES | Class A Common Stock | Sale | -$11.9M | -149K | -16.55% | $80.10 | 751K | Nov 8, 2022 | By TJ Capital Investors, LLC | F1, F2, F3 |
| transaction | ARES | Class A Common Stock | Sale | -$5.68M | -70.9K | -9.43% | $80.21 | 680K | Nov 9, 2022 | By TJ Capital Investors, LLC | F1, F3, F4 |
| transaction | ARES | Class A Common Stock | Sale | -$3.05M | -36.6K | -5.38% | $83.47 | 644K | Nov 10, 2022 | By TJ Capital Investors, LLC | F1, F3, F5 |
| transaction | ARES | Class A Common Stock | Sale | -$28.8M | -342K | -53.1% | $84.39 | 302K | Nov 10, 2022 | By TJ Capital Investors, LLC | F1, F3, F6 |
| transaction | ARES | Class A Common Stock | Sale | -$6.59M | -77.6K | -25.72% | $84.92 | 224K | Nov 10, 2022 | By TJ Capital Investors, LLC | F1, F3, F7 |
| holding | ARES | Class A Common Stock | 12M | Nov 8, 2022 | By Ares Owners Holdings L.P. | F8 |
| Id | Content |
|---|---|
| F1 | This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person or a vehicle controlled by him. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold on November 8, 2022 in multiple transactions at prices ranging from $80.00 to $80.50. 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 4, 5, 6 and 7. |
| F3 | Includes 900,000 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 to the reporting person or a vehicle controlled by him. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold on November 9, 2022 in multiple transactions at prices ranging from $80.00 to $80.65. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $82.82 to $83.81. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $83.83 to $84.82. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold on November 10, 2022 in multiple transactions at prices ranging from $84.83 to $85.04. |
| F8 | 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. |
Exhibit 24 - Power of Attorney