Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 107

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 107
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 access to Bridge’s management and its advisors in connection with the evaluation process (as summarized in the section titled “ The Mergers—Background of the Mergers,” beginning on page 39);

| • |     | that the terms of the merger agreement, including the merger consideration, were the product of extensive                                                                                                                                                 
 negotiations between Bridge and the special committee in consultation with their respective legal and financial advisors, on the one hand, and Apollo and its affiliates and advisors, on the other hand, that resulted in an increase in the implied per 
 share merger consideration, from $9.25 in the August Proposal (as defined below), $10.00 in the November Proposal and $11.00 in the December Proposal to $11.50 and the improvement, from the perspective of Bridge, of other terms of the mergers and    
 the merger agreement, including the operating covenants, treatment of employee equity incentives and the amount of the termination fees, relative to Apollo’s initial proposed terms;                                                                     |

| • |     | that Bridge has not received any acquisition proposal or superior proposal as of the date of this proxy                                                                                                                          
 statement/prospectus and the various terms of the merger agreement that are intended to help ensure that Bridge stockholders receive the highest price per share of Bridge Class A common stock reasonably available, including: |

| • |     | that the merger agreement may be terminated, in certain circumstances, including, among others, by Bridge (acting                                                                                                                                        
 upon the direction of the special committee), at any time prior to receipt of the Bridge stockholder approval in order to enter into a definitive agreement with respect to a superior proposal concurrently with such termination, provided that Bridge 
 shall pay Apollo a termination fee of $45,000,000 simultaneously with, and as a condition to, such termination in order to accept and enter into a definitive agreement with respect to a superior proposal; and                                         |

| • |     | that the special committee (or the Bridge Board, acting upon the direction of the special committee) may effect                                                                                                                                    
 an adverse recommendation change upon the recommendation of the special committee in certain circumstances, including (i) in the event that Bridge has received a written acquisition proposal and the special committee (or Bridge Board, acting  
 upon the recommendation of the special committee), among other requirements, determines in good faith (after consultation with its financial and outside legal advisors) that such acquisition proposal is a superior proposal or (ii) in response 
 to an intervening event; and                                                                                                                                                                                                                       |

| • |     | that the