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Ares Management Appoints Naseem Sagati Aghili as General Counsel

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Michael Weiner Appointed as Head of Public Policy & Legislative Affairs

Ares Management Corporation (NYSE:ARES) ("Ares") announced today that Naseem Sagati Aghili has been appointed to the role of General Counsel and Secretary of Ares, effective January 1, 2020.

Ms. Sagati Aghili had served as Co-General Counsel of Ares since 2019 alongside Michael Weiner, who has been appointed as Head of Public Policy & Legislative Affairs. Over the last decade, Ms. Sagati Aghili and Mr. Weiner have worked closely together, more recently sharing joint responsibility for Ares' legal activities. Mr. Weiner will remain available through Ms. Sagati Aghili's transition to General Counsel and she will continue to report to Michael McFerran, Chief Operating Officer and Chief Financial Officer of Ares.

"Over the last decade, Naseem has proven to be an effective leader and has established high standards for how our firm interacts with all of our stakeholders," said Mr. McFerran. "We look forward to her strong leadership and continued contributions in her new role."

Ms. Sagati Aghili joined Ares in 2009 and is a Partner and member of its Management Committee. During her more than 10 years at the Firm, Naseem has served in various roles in Ares' Legal Group, including most recently as Co-General Counsel of the Firm and General Counsel of Ares' Private Equity Group. Prior to joining Ares, Ms. Sagati Aghili was with Proskauer Rose LLP, where she focused on mergers and acquisitions, securities offerings and general corporate matters. Ms. Sagati Aghili holds a B.A. from the University of California Berkeley in Political Economy of Industrial Societies and a J.D. from the University of Southern California Gould School of Law.

Mr. Weiner has been with Ares since 2006, having served as General Counsel until 2019 and Co-General Counsel over the last year. He will continue as a Partner and member of the Firm's Management Committee. In his new role as Head of Public Policy & Legislative Affairs, Mr. Weiner will continue to focus on various strategic initiatives for Ares and will serve as a key point of contact for various stakeholders, particularly related to matters of public policy and legislative affairs, and be available as a senior adviser across the Firm.

Mr. McFerran added, "We would like to thank Mike for his dedication and leadership throughout his tenure and for his stewardship as General Counsel during that time. We are excited about the next chapter in Mike's career at Ares and we are confident that Mike will continue to add meaningful value in his new role."

About Ares Management Corporation

Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager operating three integrated businesses across Credit, Private Equity and Real Estate. Ares Management's investment groups collaborate to deliver innovative investment solutions and consistent and attractive investment returns for fund investors throughout market cycles. Ares Management's global platform had $144 billion of assets under management as of September 30, 2019 and employs approximately 1,200 employees in over 20 offices in more than 10 countries. Please visit www.aresmgmt.com for additional information.

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