Apollo Global Management Investor Day Presentation Deck

Significant Growth Expected Over the Next 5 Years ATHENE $194 AUM¹ & NORMALIZED SRE GROWTH ($B) ~2x $390 $1.7 2026E ~2x $3.0 ATHORA 2026E AUM GROWTH ($B) $61 ~2x Today LTM 2Q21² Today 1. Includes $44.6 billion of gross assets related to Athene Co-Invest Reinsurance Affiliate 1A Ltd. and $2.1 billion of unfunded commitments related to Apollo/Athene Dedicated Investment Program. 2. As reported by Athene, represents adjusted operating income (excludes AOG investment, taxes, and long-term incentive plan compensation) and reflects 11% long-term alternative investment returns. APOLLO INVESTOR DAY 2021 $135 2026E 147

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