Apollo Global Management Investor Day Presentation Deck

Growing Assets and Earnings with Efficient Capital Deployment GROSS INVESTED ASSETS OUTLOOK SPREAD RELATED EARNINGS OUTLOOK ADIP share of new funds $67B 2015 0% $111B 2018 0% ~6x ATHENE $210B $35B $175B 2021 28%¹ ADIP Note: There is no guarantee that targets will be achieved. Actual results may differ materially. 1. Full year 2021. APOLLO RETIREMENT SERVICES BUSINESS UPDATE 2022 $385B ADIP $130B SUPPORT $255B 2026E 40-45% ATHENE NET INVESTED ASSETS $3.08 2021 $3.35 2022E Prior Target $4.00 2022E Updated Target Includes 1Q'22 strength and upside from forward interest rate curve as of April $5.00 2026E Investor Day Target - 5YR normalized outlook 114

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