ARES: Financial results · Company disclosure

Item 2.02 Results of Operation and Financial Condition. The information contained in Item 7.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.02. Item 7.01 Regulation FD Disclosure. Ares Management Corporation (the “Company”) is furnishing this Current Report on Form 8-K to disclose that, based on information currently available, it preliminarily expects realized net performance income for the quarter ending June 30, 2026 to be in excess of $50 million, compared to $16 million in realized net performance income for the quarter ended June 30, 2025. Realized net performance income is a component of realized income, which is a non-GAAP (as defined herein) financial measure used by management to evaluate the performance of the business based on operating performance and the contribution of each of the business segments to that performance. Refer to the Company’s earnings presentation, which may be accessed at https://ir.ares.com, for detailed definitions and reconciliations of the Company’s performance measures. The Company is not able to provide a reconciliation of its non-GAAP financial measures for the quarter ending June 30, 2026 to the most comparable financial measures prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) without unreasonable effort because the Company has not completed its financial closing procedures as of the date of this filing. The information disclosed above is based on the Company’s preliminary estimate of realized net performance income for the quarter ending June 30, 2026 and the Company’s actual results for the quarter ending June 30, 2026 may differ, possibly materially, from this preliminary estimate. This information regarding realized net performance in