Item 5.07 Submission of Matters to a Vote of Security Holders.

Annual Meeting of Stockholders

On June 16, 2021, Ares Management Corporation (the "Company") held its annual meeting of stockholders (the "Annual Meeting"). The issued and outstanding shares of stock of the Company entitled to vote at the Annual Meeting consisted of the shares of common stock outstanding on the record date, April 19, 2021 (the "Record Date"). As of the Record Date, there were 162,282,379 shares of the Company's Class A common stock outstanding representing 162,282,379 votes, 1,000 shares of the Company's Class B common stock outstanding representing 536,965,622 votes and 112,163,894 shares of the Company's Class C common stock outstanding representing 112,163,894 votes, for a total of 811,411,895 votes. At the Annual Meeting, the Company's stockholders voted on the following proposals, each of which is described in more detail in the Company's definitive proxy statement filed on April 29, 2021, and the Company's inspector of election certified the vote tabulations indicated below.

Proposal 1

The nominees listed below were elected as directors of the Company to serve for one-year terms expiring at the 2022 Annual Meeting of Stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal, based on the following votes:


                                FOR            AGAINST         ABSTAIN        BROKER NON-VOTES
Michael J Arougheti         750,142,194       33,451,687       236,033           10,133,623
Antoinette Bush             751,898,416       31,697,404       234,094           10,133,623
R. Kipp deVeer              748,802,451       34,795,730       231,733           10,133,623
Paul G. Joubert             751,281,770       32,311,324       236,820           10,133,623
David B. Kaplan             748,513,173       35,080,889       235,852           10,133,623
Michael Lynton              721,156,363       62,433,063       240,488           10,133,623
Dr. Judy D. Olian           751,895,141       31,698,380       236,393           10,133,623
Antony P. Ressler           735,282,628       48,311,544       235,742           10,133,623
Bennett Rosenthal           749,421,479       34,172,335       236,100           10,133,623



Proposal 2

The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's 2021 fiscal year was approved based on the following votes:



                                 FOR            AGAINST        ABSTAIN
                             793,378,191        459,920        125,426





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