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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 9, 2022
 
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 class Trading Symbol(s) Name of each exchange on which registered
Class A common stock, par value $0.01 per share ARES New 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 9, 2022, 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 13, 2022 (the “Record Date”). As of the Record Date, there were 171,519,797 shares of our Class A common stock outstanding representing 171,519,797 votes, 1,000 shares of our Class B common stock outstanding representing 567,614,220 votes and 118,464,968 shares of our Class C common stock outstanding representing 118,464,968 votes, for a total of 857,598,985 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 29, 2022, 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 2023 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:

FOR AGAINST ABSTAIN BROKER NON-VOTES
Michael J Arougheti 788,806,342 43,163,549 25,320 11,352,879
Antoinette Bush 760,838,796 71,132,903 23,512 11,352,879
R. Kipp deVeer 789,644,001 42,325,819 25,391 11,352,879
Paul G. Joubert 830,570,924 1,399,269 25,018 11,352,879
David B. Kaplan 788,246,850 43,723,385 24,976 11,352,879
Michael Lynton 787,746,045 42,374,179 1,874,987 11,352,879
Eileen Naughton 831,076,593 895,214 23,404 11,352,879
Dr. Judy D. Olian 827,598,619 4,372,994 23,598 11,352,879
Antony P. Ressler 772,728,588 59,241,859 24,764 11,352,879
Bennett Rosenthal 787,180,171 44,789,919 25,121 11,352,879

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 2022 fiscal year was approved based on the following votes:


FOR AGAINST ABSTAIN
842,991,915 330,959 25,216

Proposal 3

The stockholders approved, on a non-binding advisory basis, the executive compensation paid to the Company’s named executive officers for the Company’s 2021 fiscal year (the “say-on-pay vote”), based on the following votes:


FOR AGAINST ABSTAIN BROKER NON-VOTES
759,068,456 72,245,052 681,703 11,352,879

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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 10, 2022      
       
    By: /s/ Naseem Sagati Aghili
    Name: Naseem Sagati Aghili
    Title: General Counsel and Secretary



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