ARES: Material agreement · New financial obligation

Item 1.01 Entry into a Material Definitive Agreement. On May 21, 2026, Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into Amendment No. 14 (the “Credit Facility Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of April 21, 2014 (as amended through and including the Credit Facility Amendment, the “Credit Agreement”), by and among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as agent. The Credit Facility Amendment, among other things, (i) extends the maturity of the credit facility under the Credit Agreement to May 21, 2031, (ii) increases the revolver commitments under the Credit Agreement to $2,500,000,000, with an uncommitted accordion feature available up to a total facility size of $3,000,000,000, (iii) removes the credit spread adjustment for Term SOFR (as defined in the Credit Agreement), (iv) modifies certain covenant restrictions and events of default and (v) makes certain other technical amendments to the provisions of the Credit Agreement. A copy of the Credit Facility Amendment is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated by reference into this Item 1.01 as though fully set forth herein. The foregoing summary description of the Credit Facility Amendment is not intended to be complete and is qualified in its entirety by the complete text of the Credit Facility Amendment. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 is hereby incorporated by reference into this Item 2.03. Item 9.01 Financial Statements and Exhi