Apollo Global Management Investor Day Presentation Deck

CML Case Studies: Storage and Hospitality U-HAUL U-HAUL STORAGE Deal Details US SELF STORAGE PORTFOLIO U-HAUL ● SELF- STORAGE ORIGINATION DATE: April 2022 LOAN AMOUNT: $77 million POSITION: First Mortgage TERM: 10 years LTV: 65%; RATING: CM-1 AMORTIZATION: 25-year amort starting at close ● Refinance of portfolio of 16 self storage assets across the US Stabilized - 96% occupied at close / trailing twelve months debt yield of 10.2% Repeat sponsor CHARLOTTE, NC FULL-SERVICE HOTEL ORIGINATION DATE: May 2022 LOAN AMOUNT: $86 million POSITION: First Mortgage TERM: 3+1+1 years LTV: 47%; RATING: CM-2 3RD-PARTY SUBORDINATE DEBT: $22 million mezz loan Note: Case study is presented for illustrative purpose only. There is no guarantee that similar transactions will be available in the future, or, if available, achieve similar results APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022 Deal Details ● Refinance of 446-key, full-service Central Business District hotel in Charlotte, NC • Strong historical performance pre-COVID (16.9% 2019 mortgage DY) and rebounding post-COVID (10.3% 2022 budget mortgage DY) Repeat mezz partner and sponsor 105

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