(Incorporated in the Cayman Islands) 

We are a newly organized blank check company. We intend to focus our search in North America, Europe or Asia. We will pursue an initial business combination with an established business with scale, attractive growth prospects and sustainable competitive advantages. 

Our sponsor is an affiliate of Ares, a leading global alternative investment adviser. 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 in Credit, Real Assets, Secondaries and Private Equity is a market leader based on assets under management and investment performance.

David B. Kaplan is our CEO and co-chairman of the board of directors of AAC III. Mr. Kaplan is a co-founder, director and partner of Ares Management Corporation. He serves on several Ares Investment Committees including, among others, the Ares Private Equity Group’s Corporate Opportunities, Energy Opportunities and Extended Value Investment Committees. Mr. Kaplan joined Ares in 2003 from Shelter Capital Partners, LLC, where he was a Senior Principal from June 2000 to April 2003. From 1991 through 2000, Mr. Kaplan was a Senior Partner of Apollo Management, L.P. and its affiliates. Prior to Apollo, Mr. Kaplan was a member of the Investment Banking Department at Donaldson, Lufkin & Jenrette Securities Corp.

Michael J Arougheti serves as co-chairman of the board of directors of AAC III. Mr. Arougheti is a co-founder, the CEO and a director of Ares Management Corp. He is a member of the Ares Operating Committee and the Ares Enterprise Risk Committee – and he is co-chairman on the board of directors of the Ares Charitable Foundation. Prior to joining Ares in 2004, Mr. Arougheti was employed by Royal Bank of Canada (“RBC”), where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm’s Mezzanine Investment Committee. Mr. Arougheti joined RBC in October 2001 from Indosuez Capital, where he was a Principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Before joining Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm’s Mergers and Acquisitions Group.

(Note: Ares Acquisition Corp. III upsized its SPAC IPO at pricing to 34.5 million units – up from 30 million units in the prospectus – and priced the deal at $10.00 per unit, as expected – to raise $345 million on Monday night, June 29, 2026. Each unit consists of one share and one-tenth (1/10th) of one redeemable warrant. Background: On June 12, 2026, Ares Acquisition Corp. III filed its S-1 for its SPAC IPO and disclosed the terms: 30 million units at $10.00 each to raise $300 million.)