Common Contracts

INVESTOR RIGHTS AGREEMENT BY AND AMONG ARES MANAGEMENT CORPORATION ARES OWNERS HOLDINGS L.P., ALLEGHANY INSURANCE HOLDINGS LLC, AND THE HOLDERS OF SECURITIES PARTY HERETO Effective November 26, 2018

Investor Rights Agreement • February 26th, 2019 • Ares Management Corp • Investment advice • Delaware

• Contract Type
  Investor Rights Agreement
• Filed
  February 26th, 2019
• Company
  Ares Management Corp
• Industry
  Investment advice
• Jurisdiction
  Delaware

This INVESTOR RIGHTS AGREEMENT (this “Agreement”) is dated as of November 26, 2018 (the “Effective Date”), by and among (i) Ares Management Corporation, a Delaware corporation (the “Issuer”), (ii) Ares Owners Holdings L.P., a Delaware limited partnership (“Ares LP”), (iii) Alleghany Insurance Holdings LLC, a Delaware limited liability company (“Alleghany”) and (iv) each other holder of equity interests in any Company who hereafter delivers a written agreement to be bound by the terms hereof in the form of Exhibit A. Certain capitalized terms used herein are defined in Section 5.1.

AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT BY AND AMONG ARES MANAGEMENT, L.P., ARES MANAGEMENT GP LLC, ARES OWNERS HOLDINGS L.P., AREC HOLDINGS LTD.,

Investor Rights Agreement • May 7th, 2018 • Ares Management Lp • Investment advice • Delaware

• Contract Type
  Investor Rights Agreement
• Filed
  May 7th, 2018
• Company
  Ares Management Lp
• Industry
  Investment advice
• Jurisdiction
  Delaware

This AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT (this “Agreement”) is entered into as of May 4, 2018 and effective as of March 1, 2018 (the “Effective Date”), by and among (i) Ares Management, L.P, a Delaware limited partnership (the “Issuer”), (ii) Ares Management GP LLC, a Delaware limited partnership (“Ares GP”), (iii) Ares Owners Holdings L.P., a Delaware limited partnership (“Ares LP”), (iv) AREC Holdings Ltd., a Cayman exempted corporation, (v) Blue Spectrum ZA 2015, L.P., a Cayman exempted limited partnership, (vi) Alleghany Insurance Holdings LLC, a Delaware limited liability company (“Alleghany” and, together with AREC, the “Minority Investors”) and (vii) each other holder of equity interests in any Company who hereafter delivers a written agreement to be bound by the terms hereof in the form of Exhibit A. Certain capitalized terms used herein are defined in Section 5.1.