Apollo Global Management Investor Day Presentation Deck

Athene Has Generated Compelling Returns Over Time ADJ. OPERATING ROE¹ 16% Consolidated (incl. Excess Capital) 23% Retirement Services (excl. Excess Capital) Note: Data as of June 30, 2021, unless otherwise stated. 1. Long-term average over 2014-2021 excluding AOG. 2. Adjusted book value per ATH common share. APOLLO INVESTOR DAY 2021 ADJ. BOOK VALUE GROWTH² $11.49 2009 17% CAGR $67.46 2Q21 45

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