Ares Management

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-07-30 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Ares Management Corp (ARES) CIK: 0001176948 --- Reporting Owner --- Name: Joubert Paul G. CIK: 0001438584 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-07-30 | Code: A (Grant or award) Shares: +1,728 | Price: $0.00 Shares Owned After: 44,196 | Ownership: D (Direct) Footnotes: [F1] 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 on the first anniversary of the grant date. [F2] Includes 1,728 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. --- Footnotes (Complete Index) --- F1: 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 on the first anniversary of the grant date. F2: Includes 1,728 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. --- Signature --- /s/ /s/ Anton Feingold, by power of attorney (2026-08-03)