Ares U.S. Real Estate Opportunity Fund IV, L.P. (“AREOF IV”)

Ares Management With approximately $378 billion in assets under management, Ares Management Corporation is a global alternative investment manager operating an integrated platform across five business groups Global Footprint² Profile Founded AUM Employees Investment Professionals Global Offices Direct Institutional Relationships Listing: NYSE - Market Capitalization The Ares Differentiators Power of a broad and scaled platform enhancing investment capabilities 20+ year track record of compelling risk adjusted returns through market cycles 1997 $378bn ~2,640 -910 35+ ~1,980 $30.2bn¹ Deep management team with integrated and collaborative approach A pioneer and leader in leveraged finance, private credit and secondaries AUM Strategies Credit $250.1bn Direct Lending Liquid Credit Alternative Credit APAC Special Situations Real Assets $64.8bn Real Estate Equity Real Estate Debt Infrastructure Opportunities Infrastructure Debt Private Equity $35.5bn Corporate Private Equity Special Opportunities Secondaries $23.0bn Private Equity Secondaries Real Estate Secondaries Infrastructure Secondaries Credit Secondaries Other Businesses $4.2bn Ares Insurance. Solutions3 Ares Acquisition Corporation Note: As of June 30, 2023. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser. Past performance is not indicative of future results. 1. As of July 24, 2023. 2. New Delhi office is operated by a third party with whom Ares Asia maintains an ongoing relationship relating to the sourcing, acquisition and/or management of investments. 3. AUM managed by Ares Insurance Solutions excludes assets which are sub-advised by other Ares' investment groups or invested in Ares funds and investment vehicles. ARES

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