Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 110

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 110
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 likely be taken into account by third parties considering whether to make an acquisition proposal; |

| • |     | the possibility that Bridge may be required to pay Apollo a termination fee of $45,000,000 in cash under certain                                                                                                                 
 circumstances, including upon termination of the merger agreement to accept a superior proposal (as more fully described in the section titled “Summary—Termination of the Merger Agreement; Termination Fees” beginning on page 
 22);                                                                                                                                                                                                                             |

| • |     | 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, including certain directors’ involvement with Apollo and certain directors’ and officers’ post-closing employment and compensation arrangements with 
 Apollo (which are summarized in the sections titled “The Mergers—Interests of Directors and Executive Officers of Bridge in the Mergers,” beginning on page 84); and                                                                    |

| • |     | the restrictions placed on the conduct of Bridge’s business prior to the completion of the mergers pursuant                                                                                                                                            
 to the terms of the merger agreement, which could delay or prevent Bridge from undertaking business opportunities that may arise or any other action it would otherwise take with respect to the operations of Bridge absent the pending completion of 
 the mergers.                                                                                                                                                                                                                                           |

The special committee also considered the fact that, despite its initial position that the closing of the mergers be conditioned on the receipt of the majority of the minority approval, the transactions are not conditioned on such approval. In connection therewith, the special committee ultimately concluded that it was in the best interests of Bridge and the Non-UnitholderStockholders to enter into the transactions (on the terms set forth in the merger agreement) without the majority of the minority approval condition based on the following factors (these factors are presented below in no particular order and were neither ranked nor weighted in any manner by the special committee):

| • |     | the fact that Apollo repeatedly stated that it would not agree to condition the transactions on majority of the 
 minority approval;                                                                                              |

| • |     | the belief of the special committee that continuing to insist on a majority of the minority approval condition                                                                
 (or not recommending approval of the transactions unless they had such a condition) would create a substantial risk of causing Apollo to abandon the transactions altogether; |

| • |     | the fact that the merger agreement and the voting agreements provided potential counterparties with an                     
 opportunity to propose a