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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________________________________________
 
FORM 8-K
 CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported) June 12, 2023
 
ARES MANAGEMENT CORPORATION
(Exact Name of Registrant as Specified in Charter)
 
Delaware 001-36429 80-0962035
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067
(Address of principal executive office) (Zip Code)
(310) 201-4100
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A common stock, par value $0.01 per shareARESNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




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

Annual Meeting of Stockholders

On June 12, 2023, 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 14, 2023 (the “Record Date”). As of the Record Date, there were 177,966,353 shares of our Class A common stock outstanding representing 177,966,353 votes, 1,000 shares of our Class B common stock outstanding representing 591,427,014 votes and 120,438,398 shares of our Class C common stock outstanding representing 120,438,398 votes, for a total of 889,831,765 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 28, 2023, 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 2024 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:

FORAGAINSTABSTAINBROKER NON-VOTES
Michael J Arougheti814,163,06747,362,3301,145,13911,032,530
Ashish Bhutani861,700,678953,99315,86511,032,530
Antoinette Bush812,245,12749,281,4881,143,92111,032,530
R. Kipp deVeer831,915,25629,611,6281,143,65211,032,530
Paul G. Joubert813,900,36947,624,9611,145,20611,032,530
David B. Kaplan824,593,06336,932,4071,145,06611,032,530
Michael Lynton806,563,33654,962,2451,144,95511,032,530
Eileen Naughton817,120,55844,406,2101,143,76811,032,530
Dr. Judy D. Olian812,519,18449,007,5161,143,83611,032,530
Antony P. Ressler805,141,19256,384,7171,144,62711,032,530
Bennett Rosenthal831,203,10130,324,3261,143,10911,032,530

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 2023 fiscal year was approved based on the following votes:


FORAGAINSTABSTAIN
872,897,927775,39229,747

Proposal 3

The stockholders approved the Ares Management Corporation 2023 Equity Incentive Plan, based on the following votes:

FORAGAINSTABSTAINBROKER NON-VOTES
769,111,84392,394,3211,164,37211,032,530

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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   ARES MANAGEMENT CORPORATION
   
Dated: June 15, 2023   
    
  By:/s/ Jarrod Phillips
  Name:Jarrod Phillips
  Title:Chief Financial Officer



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