Apollo Global Management Investor Day Presentation Deck

Five Key Takeaways 1 2 3 4 5 High growth base plan over next 5 years Largest addressable market among alternatives peers Athene is a competitive differentiator and growth accelerant Our model is highly capital efficient Strong momentum behind aligned team 1. Pro-forma for announced merger with Athene. APOLLO INVESTOR DAY 2021 ~2x AUM ~2.25x Fee Revenue + earnings on ~$5 billion of growth capital¹ ~2.5x FRE Unique ecosystem built for massive credit opportunity Merger has many strategic benefits and allows us to capture large amounts of undervalued spread earnings $15 billion of capital generation over next 5 years to accelerate growth and return to shareholders Industry's best talent, aligned with changes to compensation philosophy 222

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