While we may pursue an initial business combination target in any industry or sector, geography, or stage of its corporate evolution, we intend to focus our search in North America, Europe or Asia. (Incorporated in the Cayman Islands)

We will pursue an initial business combination with an established business with scale, attractive growth prospects and sustainable competitive advantages. We believe there is a large universe of such businesses that could benefit from a public listing, and that we will be able to offer a differentiated and compelling value proposition to them.

Our sponsor is an affiliate of Ares, a leading, publicly traded global alternative investment manager with $352 billion of assets under management and over 2,550 employees in over 30 global offices as of Dec. 31, 2022. Ares operates integrated groups across Credit, Private Equity, Real Assets, Secondaries and Strategic Initiatives and offers its investors a range of investment strategies and seeks to deliver attractive performance to a growing investor base that includes over 1,900 direct institutional relationships and a significant retail investor base across its publicly traded, non-traded and sub-advised funds. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns through market cycles. Ares believes each of its distinct but complementary investment groups is a market leader based on assets under management and investment performance.

(Note: Ares Acquisition Corp. II upsized its SPAC IPO at pricing on April 20, 2023, to 45.0 million units – up from 40.0 million units – at $10.00 each to raise $450.0 million. At pricing, Ares Acquisition Corp. II became the 12th SPAC IPO priced so far in 2023. The IPO is expected to start trading Friday, April 21, 2023, on the NYSE – with the stock under the symbol “AACT” and the warrants under the symbol “AACT WS,” the prospectus says. Background: Ares Acquisition Corp. II filed its S-1 on March 29, 2023, and disclosed terms for its SPAC IPO: 40.0 million units at $10.00 each to raise $400.0 million. Each unit consists of one share of common stock and one-half of a warrant. The special purpose acquisition company (SPAC), also known as a blank check company, submitted confidential IPO documents to the SEC on May 14, 2021.)