Naseem Sagati Aghili - 09 Dec 2025 Form 4 Insider Report for Ares Management Corp (ARES)

Role: General Counsel
Signature: /s/ Naseem Sagati Aghili
Issuer symbol: ARES
Transactions as of: 09 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Dec 2025, 16:57:14 UTC
Previous filing: 03 Oct 2025
Next filing: 22 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Sagati Aghili Naseem	General Counsel	1800 AVENUE OF THE STARS, SUITE 1400, LOS ANGELES	/s/ Naseem Sagati Aghili	11 Dec 2025	0001779014

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARES	Class A Common Stock	Gift	$0	-500	-0.2%	$0.000000	254,897	09 Dec 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares of Class A Common Stock which were donated to a charity by the Reporting Person on December 9, 2025.
F2	Includes 155,098 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.