Apollo Global Management Investor Presentation Deck

Apollo Delivered Strong Execution in 2022 Amid a Difficult Backdrop and Has a Constructive Outlook on 2023 Growth ASSET MANAGEMENT RETIREMENT SERVICES PRINCIPAL INVESTING OTHER Fee Related Earnings FRE Margin Spread Related Earnings Principal Investing Income Total Inflows Global Wealth Fundraising Capital Solutions Fees & Other Original 2022 Target ~$2.35 per share 54 - 55% ~$3.35 per share ~$1.00 per share multi-year average $80B+ $6B >20% YoY growth or more than $358M 2022 Results $2.36 per share or $1.4B 54% $3.88 per share or $2.3B $0.47 per share $128B $6B ~40% YoY growth or $414M ↑ -← ↑ 2023 Targets 25% YoY growth Positive operating leverage ~20% YoY growth¹ <$1.00 per share² multi-year average Greater inflows or more than $128B Greater inflows or more than $6B 2022 is a good baseline or near $414M 1) SRE target for 2023 based on normalized SRE. In 2022, as-reported and normalized SRE were both $3.88 per share. 2) 2023 targets on a per share basis assume a constant share count. There is no assurance that targets will be achieved. APOLLO 42

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