Company: APO
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001193125-25-177032
Chunk: 90

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-08
Form: 424B5
Chunk 90
---
, and thereby protect the continuity of our management and possibly

22

deprive our stockholders of opportunities to sell their shares of Common Stock at prices higher than prevailing market prices. Business Combinations We are subject to Section 203 of the DGCL. In general, Section 203 prohibits a publicly-held Delaware corporation from engaging, under certain circumstances, in a “business combination” with an “interested stockholder” for a period of three years following the time that the stockholder became an interested stockholder, unless:

| • |     | prior to such time, the board of directors of the corporation approved either the business combination or the 
 transaction that resulted in the stockholder becoming an interested stockholder;                              |

| • |     | upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the                                                                                                                                       
 interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the number of shares outstanding (but not for purposes of determining the 
 number of shares owned by the interested stockholder) (i) shares owned by persons who are directors and also officers and (ii) shares owned by employee stock plans in which employee participants do not have the right to determine               
 confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or                                                                                                                                           |

| • |     | at or subsequent to such time, the business combination is approved by the board and authorized at an annual or                                                           
 special meeting of stockholders, and not by written consent, by the affirmative vote of at least sixty-six and two-thirds (66 2/3)% of the outstanding voting stock which 
 is not owned by the interested stockholder.                                                                                                                               |

Generally, a “business combination” includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder (other than on a pro rata basis with other stockholders). Subject to certain exceptions, an “interested stockholder” is a person who, together with that person’s affiliates and associates, “owns” or if such person is an affiliate or associate of the corporation, within three years prior to the determination of interested stockholder status, did “own” 15% or more of a corporation’s outstanding voting stock. Under certain circumstances, Section 203 makes it more difficult for a person who would be an “interested stockholder” to effect various business combinations with a corporation for a three-year