Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 133

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 133
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 consisted of (i) an updated and extended

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forecast for 2024 to 2029 (the “December Baseline Projections”) and (ii) an alternative case for the forecast for 2024 to 2029 reflecting certain increased growth assumptions (the “December Projections”). The December Baseline Projections and the December Projections were reviewed with the special committee and the Bridge Board, and also provided to Lazard and J.P. Morgan, with the December Baseline Projections approved by the special committee for Lazard’s use and by the Bridge Board for J.P. Morgan’s use in connection with Lazard’s and J.P. Morgan’s respective financial analyses and opinions, summarized in the section entitled “ The Mergers—Opinions of Bridge’s and the Special Committee’s Financial Advisors” beginning on page 65 of this proxy statement/prospectus. The December Baseline Projections and December Projections were also provided to Apollo in connection with Apollo’s due diligence review of Bridge and evaluation of the transactions. The following is a summary of the December Baseline Projections (in thousands):

|                                                    |     | 2024E |            |     | 2025E |            |     | 2026E |            |     | 2027E |            |     | 2028E |            |     | 2029E |            |
|:---------------------------------------------------|:----|:------|-----------:|:----|:------|-----------:|:----|:------|-----------:|:----|:------|-----------:|:----|:------|-----------:|:----|:------|-----------:|
| Gross Assets Under Management (AUM)(1)             |     | $     | 51,438,939 |     | $     | 53,379,923 |     | $     | 52,066,133 |     | $     | 57,326,187 |     | $     | 62,063,588 |     | $     | 74,098,619 |
| Fee Earning AUM(2)                                 |     | $     | 22,095,833 |     | $     | 22,584,832 |     | $     | 24,097,518 |     | $     | 26,948,135 |     | $     | 29,469,580 |     | $     | 31,455,745 |
| Fee Related