Company: APO
Filing Date: 2025-05-14
Form Type: 424B3
Source: 0001193125-25-119946
Chunk: 177

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-14
Form: 424B3
Chunk 177
---
or the Bridge Board, acting upon the direction of the special committee) is permitted, in response to an intervening event (as defined below) occurring after the date of the merger agreement, to effect a change in the Bridge Board recommendation (including a withdrawal or modification, in a manner adverse to Apollo, of the Bridge Board recommendation) or to cause Bridge to terminate the merger agreement in accordance with its terms, if:

| • |     | an intervening event has occurred; |

| • |     | the special committee (or the Bridge Board, acting upon the direction of the special committee) has determined in                                                                                                                                  
 good faith, after consultation with its financial and outside legal advisors, that the failure to effect an adverse recommendation change in the Bridge Board recommendation would be inconsistent with its fiduciary duties under applicable law; |

| • |     | Bridge has provided, at least four (4) business days’ written notice (a “notice of                                          
 intervening event”) to Apollo that Bridge intends to take such action (it being understood that the delivery of a notice of |

109

| intervening event and any amendment or update thereto and the determination to so deliver such notice, amendment or update will not, by itself, constitute the making of a change in the Bridge 
 Board recommendation), which notice includes reasonably detailed information describing the intervening event;                                                                                  |

| • |     | during the adverse recommendation change notice period following the time of Apollo’s receipt of the notice                                                                                                                                             
 of intervening event, Bridge was, and caused its representatives to have been, reasonably available to negotiate with Apollo and its representatives in good faith to make such adjustments in the terms and conditions of the merger agreement and the 
 transactions in response to such intervening event; and                                                                                                                                                                                                 |

| • |     | following the end of such adverse recommendation change notice period, 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 writing by 
 Apollo in response to the notice of intervening event, that the failure to make such change in the Bridge Board recommendation would be inconsistent with its fiduciary duties under applicable law.                                                      |

An “intervening event” means any effect (other than an acquisition proposal) that is unknown to the Bridge Board or the special committee as of the date of the merger agreement, or if known, the material consequences of which were not known by or reasonably foreseeable to, the