Ares Sports, Media & Entertainment Opportunities LP

Item 3.02 Unregistered Sale of Equity Securities. On September 1, 2026, Ares Sports, Media and Entertainment Opportunities LP (the “Fund”) sold unregistered limited partnership units (the “Units”) for aggregate consideration of approximately $47.0 million. The following table details the Units sold by the Fund: Class Number of Units Sold(1) Total Consideration ────────────────────────────────────────────────────────────────────────────────────────────────────── Class S Units 4,416 $ 125,000 Class I Units 68,468 1,955,000 Class A-S Units 813,733 23,055,101 Class A-I Units 763,160 21,852,625 Total $ 46,987,726 ________________________________________ (1) The number of Units sold by the Fund was finalized on September 21, 2026, following the calculation of the respective transactional net asset values of each class of Units (each, a “Transactional NAV”) as of August 31, 2026. See Item 8.01 below for more information on the Fund’s Transactional NAVs. The offer and sale of the Units were made as part of the Fund’s continuous private offering to investors that are both (a) accredited investors (as defined in Regulation D under the Securities Act of 1933, as amended (the “Securities Act”)) and (b) qualified purchasers (as defined in the Investment Company Act of 1940, as amended, and the rules thereunder) and were exempt from the registration provisions of the Securities Act pursuant to Section 4(a)(2) and Regulation D thereunder. Units were sold to third-party investors, including through Ares SME O TE LP, a Delaware limited partnership, (the “Feeder”) for certain investors with particular tax characteristics, such as tax-exempt investors and non-U.S. investors. Accordingly, the Feeder invests all or substantially all of its assets indirectly in the Fund in exchange for Units. As of the date of this filing, the Fund has issued interests for aggregate cash consideration of approximately $911 million as part of its continuous private offering.

Item 8.01 Other Events. Transactional Net Asset Value The Fund calculates the Transactional NAV for purposes of establishing the price at which transactions in the respective Units are made. A description of the Fund’s valuation process was included under “Calculation of Net Asset Value” within “