Apollo Global Management Investor Day Presentation Deck

Disciplined Approach to Inorganic Growth Enables Us to Identify Best Opportunities RE-INSURANCE COMPLEX CARVE-OUTS WHOLE COMPANY ACQUISITIONS "VANILLA" FA BLOCKS OTHER SPREAD-BASED LIABILITIES APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022 MULTI-PARTY TRANSACTIONS 1 2 3 FITS STRATEGY Ability to scale assets / liabilities Leverage existing strengths RISK PROFILE Liabilities must be predictable PRICING Target desired returns 54

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