Apollo Global Management Investor Day Presentation Deck

What is Hybrid? Excess returns across the spectrum in the low to high double-digits ● ● ● Attractive products for both traditional LPs and Apollo-affiliated balance sheet capital Requires specialized, deep underwriting • Leverages Apollo Equity, Yield, and Athene Significant downside protection Flexible capital for corporates, assets, real estate, and insurers ● $ 47B ASSETS UNDER MANAGEMENT 50 Based on the views and opinions of Apollo analysts, which are subject to change at any time without notice. References to "assets under management" or "AUM" are as defined in Apollo Global Management, Inc.'s latest earnings release. AUM as of June 30, 2021. APOLLO INVESTOR DAY 2021 28

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