Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 178

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 178
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 to Apollo, of the Bridge Board recommendation) or to cause Bridge to terminate the merger agreement in accordance with its terms to enter into a definitive agreement providing for a superior proposal, if:

| • |     | Bridge has provided at least four (4) business days’ (as it may be extended or continued, the                                                                                                                                                            
 “adverse recommendation change notice period”) advance, written notice (a “notice of adverse recommendation change”) to Apollo that Bridge intends to (it being understood that the delivery of a notice of adverse recommendation                       
 change and any amendment or update thereto, the determination to so deliver such notice, amendment or update and the special committee’s making of any non-public recommendation to the Bridge Board with                                                
 respect thereto will not, by itself, constitute the making of a change in the Bridge Board recommendation) make a change in the Bridge Board recommendation or terminate the merger agreement due to the receipt of a superior proposal (which notice    
 will also include written notice of the material terms of the superior proposal and a copy of the most current version of the written agreement relating to such superior proposal which enabled the special committee (or the Bridge Board, acting upon 
 the direction of the special committee) to make the determination that the acquisition proposal is a superior proposal);                                                                                                                                 |

| • |     | during the adverse recommendation change notice period, following the time of Apollo’s receipt of the notice                                                                                                                                              
 of adverse recommendation change, Bridge has been, and has caused its representatives to have been, reasonably available to negotiate with Apollo and its representatives in good faith (to the extent Apollo desires to negotiate) (i) to make such      
 adjustments in the terms and conditions of the merger agreement and the transactions so that such superior proposal ceases to constitute a superior proposal or (ii) (in the case of any change in the Bridge Board recommendation that is not related to 
 a superior proposal) as would permit the special committee (or the Bridge Board, acting upon the direction of the special committee), consistent with its fiduciary duties under applicable law, to not make a change in the Bridge Board recommendation; 
 and                                                                                                                                                                                                                                                       |

| • |     | following the end of the adverse recommendation change notice period described in the preceding clause, the                                                                                                                                             
 special committee (or the Bridge Board, acting upon the direction of the special committee) determined in good faith, after consultation with its financial and outside legal advisors, taking into account any changes to the merger agreement and the 
 transactions offered in a written offer by Apollo in response to the notice of adverse recommendation change