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

Large, Cycle-Tested U.S. Real Estate Equity Team Collaborative team of over 200 real estate professionals in 12 offices with local sourcing & management and centralized business infrastructure Ares Real Estate Global Leadership - 26 Average Years of Experience Bill Benjamin* Partner, Global Head of RE 37 Years Dwight Merriman* Partner, Chair of Industrial 39 Years Alastair McDonnell* Partner, Head EU Inv Ops 24 Years Cindy True Managing Director New York Brian Lindenberg Principal Denver Parker Gillcash Vice President Atlanta Philip Moore* Partner, Head EU RE Debt 19 Years Tae-Sik Yoon* Partner, CFO 28 Years U.S. Equity Investment & Asset Management Team - 48 Professionals Sam Averbach Managing Director Cal NeSmith Managing Director Denver Pat Ragin Managing Director Atlanta Los Angeles Jon San Antonio Vice President Los Angeles Julie Solomon* Partner, Global COO 23 Years 30+ RE Debt Professionals. Dave Fazekas* Partner, Head of Industrial 25 Years Hewitt Engram Managing Director Atlanta Kurt Baker Principal Atlanta Ryan Schierberl Principal Los Angeles Gabriel Gonzales Vice President Los Angeles Forest Sonnenfeldt Vice President New York David Roth* Partner, Co-Head of US 38 Years 40+ European RE Professionals Todd Farrell* Partner, Head of Multifamily Development 32 Years Market Foresight Eliot Fierberg Principal Connecticut Ron Wallach Principal Atlanta Sr. Associate (4) Associate (9) Analyst (17) 170+ Industrial Platform Scott Hopkins Vice President Denver Marshall Hayes* Partner, Head of US Multifamily 24 Years As of October 2023, *Investment Committee voting member. Elaine McKay* Partner, Co-Head US Inv Op 16 Years Jeff Haag Principal Denver Evan Baum Vice President New York Shauna Mulvihill Vice President Connecticut Bryan Donohoe* Partner, Co-Head of US 23 Years 100+ Investment Operations Credibility and Scale JB Gerber* Partner, Head of US Debt Orig 18 Years. Scott Recknor* Partner, Co-Head US Inv Op 29 Years Gregg Boehm Managing Director Newport Beach Kyle O'Connor Managing Director New Jersey U.S. Industrial Crystal Hammer Principal Newport Beach Alicia Light Principal Newport Beach Nielsen Koepfgen Vice President Dallas 11 Jay Glaubach* Partner, Co-Head US Inv 25 Years Nick Thomas Vice President New Jersey 25 Portfolio Management Wilson Lamont* Partner, Co-Head of EU 23 Years Keith Kooper Partner, Co-Gen Counsel 22 Years Investment & Asset Marty Edmonson Managing Director Chicago Steve Young Managing Director Newport Beach Local Sourcing and Management Lauren Huber Principal New Jersey Joel Wicks Principal Newport Beach Cathleen Meyer Vice President Seattle 25+ IR & Data/Analytics Andrew Holm* Partner, Co-Head US Inv 18 Years John Ruane* Partner, Co-Head of EU 23 Years Josh Widoff Partner, Co-Gen Counsel 27 Years Joshua Abells Principal Seattle Mike lozzia Principal New Jersey Management - 45 Professionals Enoch Hayase Managing Director Atlanta Nick Willenbrock Principal Denver Ben Seliner Vice President Newport Beach Alisia Kemper Vice President Atlanta Sr. Associate (6) Associate (5) Analyst (12) 20+ Legal & Tax AA Howard Huang* Partner, CIO Div US Equity 34 Years Kevin Cahill* Partner, Head of EU Inv 19 Years 50+ Accounting & Reporting Daniel Taylor Partner, Prod Mgmt & IR 18 Years Mace McClatchy Managing Director Dallas Mellissa Barrett Principal Dallas Lindsay Kindlon Principal Chicago Eric Torgerson Principal Denver Amber Stratton Vice President New Jersey 50 ESG Champions • Centralized Investment and Business Infrastructure

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