Apollo Global Management Investor Day Presentation Deck

Retirement Services is a Highly Stable Growth Business $71B FIVE YEARS AGO ATHENE: $71B + ATHORA: $OB $255B AUM TODAY ATHENE¹: $194B + ATHORA: $61B ~$525B FIVE YEAR TARGET ATHENE:~$390B + ATHORA: ~$135B Note: AUM Five Years Ago as of December 31, 2016. 1. Includes $44.6 billion of gross assets related to Athene Co-Invest Reinsurance Affiliate 1A Ltd. and $2.1 billion of unfunded commitments related to Apollo/Athene Dedicated Investment Program. APOLLO INVESTOR DAY 2021 139

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