Investor Presentaiton

Alternatives High Quality Asset Portfolio Generates Safe Yield Key Attributes 94% Invested in Fixed Income or Cash Cash and Equivalents CMBS 2% 6% RMBS 96% AFS Fixed Maturity Securities Rated Investment Grade¹ RML 6% 4% 6% RESILIENT ABS 10% of Invested Assets in Differentiated Alternatives HIGH GRADE STRESS TESTED CLO 10% Other² 2% 6% $207 BILLION³ CML 12% Corporate & Gov't 42% Note: Net invested assets includes Athene's proportionate share of ACRA investments, based on Athene's economic ownership, but does not include the proportionate share of investments associated with the noncontrolling interest. 1. As of March 31, 2023, 96% of $119 billion of available for sale securities designated NAIC 1 or 2. 2. Includes short-term investments, equity securities, policy loans and other investments. 3. Represents net invested assets as of March 31, 2023. Gross invested assets were $247.7 billion as of March 31, 2023, including ACRA non-controlling interests. ATHENE 16

View entire presentation