Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 132

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 132
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 recognized investment banking firm that has
substantial experience in transactions similar to the mergers.

In connection with Lazard’s services as a financial advisor to the
special committee, Bridge agreed to pay Lazard an aggregate fee of up to $9,000,000, of which (i) $3,000,000 became payable upon the rendering of Lazard’s opinion to the special committee, which shall be credited against any fee payable
pursuant to clause (ii), (ii) $7,000,000 is payable contingent upon consummation of the transactions and (iii) $2,000,000 is payable contingent upon consummation of the transactions in the sole discretion of the special committee based on its
judgment regarding the scope, quality and complexity of services provided by Lazard. In addition, Bridge has agreed to reimburse certain of Lazard’s expenses incurred in connection with the engagement and to indemnify Lazard against certain
liabilities that may arise, out of Lazard’s engagement.

Bridge Unaudited Prospective Financial Information

Bridge does not, as a matter of course, publicly disclose long-term consolidated forecasts as to future performance, earnings or other results
given, among other reasons, the uncertainty, unpredictability and subjectivity of the underlying assumptions and estimates. However, in connection with the special committee’s consideration of a potential strategic transaction, beginning in
April 2024, and then subsequently in December 2024, Bridge management prepared and updated certain unaudited financial projections regarding Bridge’s future performance for the years 2024 through 2029. Such projections were based upon the
internal financial model that Bridge has historically used in connection with strategic planning.

In connection with the special
committee’s and the Bridge Board’s evaluation of the mergers and the other transactions contemplated by the merger agreement with Apollo, in December 2024, at the request of the special committee, Bridge’s management team updated its
unaudited financial projections to take into account, among other considerations, the uncertainty facing Bridge’s business and the timing for various key developments (including interest rates, the real estate sector, fundraising prospects and
the broader economy) as well as the sensitivity in the financial projections to the degree of success forecasted to be achieved by a number of new strategies that had either been recently launched or were anticipated to be launched in the future,
Bridge’s more recent performance, Bridge’s 2025 approved annual budget and certain challenges facing the real estate sector and the asset management industry in general. These projections