Apollo Global Management Investor Day Presentation Deck

ADIP Enhances Capital Efficiency... % OF ANNUAL GROWTH ATHENE SUPPORTS WITH ITS OWN CAPITAL 100% Pre-ADIP 76% Note: There is no guarantee that targets will be achieved. Actual results may differ materially. 1. Based upon current 5-year projections and estimates. APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022 Post-ADIP (2019-2021) 55-60% Future¹ We anticipate Athene will be increasingly capital efficient going forward 115

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