Apollo Global Management Investor Day Presentation Deck

Apollo Serves the Alternatives Sector and the Large and Growing Fixed Income Replacement Market 37% All Other 50% Fixed Income TH Avg. Pension Fund Asset Allocation 13% Alternatives¹ APOLLO PEER FOCUS² ● ● ● ● Both markets are very large Both markets are growing Both markets offer ability for excess return Both markets pay higher fees for excess return Source: Willis Towers Watson Report as of 2020. 1. Includes private equity, hedge funds, real estate, alternative and miscellaneous asset classes. 2. Illustrative of business focus of other alternative asset managers. APOLLO INVESTOR DAY 2021 36

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