Company: APO
Filing Date: 2025-04-11
Form Type: S-4
Source: 0001193125-25-079161
Chunk: 105

Company: Apollo Global Management, Inc.
Filing Date: 2025-04-11
Form: S-4
Chunk 105
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 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 special committee evaluated the merger agreement and the transactions contemplated thereby based upon                                                            
 the factors discussed in this proxy statement/prospectus and with the full knowledge of the interests of Bridge stockholders (including the Non-Unitholder Stockholders). |

62

In evaluating the merger agreement and the transactions contemplated thereby and making the decisions, determinations and recommendations described above, the special committee also considered, among other things, the following potentially positive factors, which are not intended to be exhaustive and are not presented in any relative order of importance:

| • |     | Bridge, Bridge LLC and certain beneficiaries party to the tax receivable agreement entered into an amendment                                                                                                                
 concurrently with the merger agreement providing that the TRA Members will forego the acceleration of certain payments that would otherwise have been payable to the TRA Members by Bridge as a result of the transactions; |

| • |     | the fact that all stockholders, including the directors and executive officers of Bridge, would be exchanging                                                                                                                                      
 their equity interests in Bridge in their entirety and would receive the same per share merger consideration of 0.07081 shares of Apollo common stock, valued by the parties at $11.50 per share of Bridge Class A common stock, payable in Apollo 
 common stock, and no individual stockholder is expected to receive additional consideration pursuant to the mergers that is different from stockholders generally, other than the understanding that certain directors and executive officers have 
 certain interests in the mergers that may be different from, or in addition to, the interests of Bridge stockholders generally (which are summarized in the sections titled “The Mergers—Interests of Directors and Executive Officers of          
 Bridge in the Mergers,” beginning on page [