Apollo Global Management Investor Day Presentation Deck

High Returns Attract Third-Party Capital to Finance Growth IN 2019, WE FORMED AN INNOVATIVE SIDECAR TO SUPPORT ATHENE'S CONTINUED GROWTH APOLLO/ATHENE DEDICATED INVESTMENT PROGRAM (ADIP) First sidecar in the industry Direct equity capital to support Athene's growth No dilution to shareholders Greater 3rd party participation & capital efficiency for future sidecars Note: Data as of June 30, 2021. APOLLO INVESTOR DAY 2021 $3.2B Capital Raised $1.7B Deployed To-Date Target Mid-Teens Net IRR to LPs 46

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