Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 100

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 100
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’s written opinion, which describes, among other things, the assumptions made, procedures followed, matters considered, and qualifications and limitations on the
review undertaken by Lazard in connection with the opinion, is attached as Annex E. The special committee then unanimously approved resolutions recommending to the Bridge Board the execution of the merger agreement and the entry into the
transactions contemplated therein.

On February 23, 2025, a Bridge Board meeting was held, and representatives of Latham, J.P. Morgan
and members of management were in attendance. Representatives of Latham then updated the Bridge Board on the status of negotiations with Apollo and the resolution of the remaining open issues discussed at the prior Bridge Board meeting, confirmed
that the special committee had unanimously recommended that the Bridge Board adopt the merger agreement and approved the consummation of the transactions contemplated by the merger agreement, and discussed the proposed final terms of the merger
agreement and the related ancillary agreements and changes in the terms since the prior Bridge Board meeting. Representatives of Latham also reviewed with the Bridge Board their fiduciary duties under applicable law in connection with the proposed
transaction. The Bridge Board, together with representatives from Latham, then discussed the various reasons to approve the mergers considered by the special committee, and certain countervailing factors, which are discussed in further detail in the
section of this proxy statement/prospectus captioned “—Bridge’s Board and the Special Committee’s Recommendations and Reasons for the Mergers” beginning on page 57 of this proxy statement/prospectus. For a detailed
description of the various reasons considered by the Bridge Board, see “—Bridge’s Board and the Special Committee’s Recommendations and Reasons for the Mergers” beginning on page 57 of this proxy statement/prospectus.
Additionally, J.P. Morgan rendered its oral opinion to the Bridge Board, which was subsequently confirmed by delivery of a written opinion, that, as of February 23, 2025, and based upon and subject to the factors and assumptions set forth
therein, the exchange ratio in the proposed Corporate Merger to the Non-Unitholder Stockholders pursuant to the merger agreement was fair from a financial point of view to such holders. For a detailed
discussion of J.P. Morgan’s opinion, please see “—Opinions of the Special Committee’s and Bridge’s Financial Advisors—Opinion of J.P. Morgan” beginning on page 65 of this proxy
statement/prospectus. After further discussion, including a review of the status of