Apollo Global Management Investor Day Presentation Deck

Positioning Apollo for the Future MERGER WITH ATHENE CLEARS THE PATH FOR RATIONALIZATION AND CLEAR GROWTH AHEAD ● ● ● Balance sheet re-organization - transfer of Apollo investment portfolio to Athene¹ Consolidation of investments in operating platforms¹ Investment capital: - Group cash earnings Utilization of Athene equity portfolio capacity Aligning and future proofing our business Massive reset of our compensation structure 1. Transfers do not represent 100% of Apollo investment portfolio or operating platforms. APOLLO INVESTOR DAY 2021 • Full organizational alignment. ● Growth acceleration • Resetting our FRE comp trajectory More efficient capital usage ● 207

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