Company: APO
Filing Date: 2025-08-07
Form Type: 424B5
Source: 0001193125-25-175021
Chunk: 48

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 424B5
Chunk 48
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 summary deals only with the notes that are held as capital assets by a holder who acquires the notes upon original issuance at their initial offering price. This summary is based upon provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), and regulations, rulings and judicial decisions as of the date hereof. Those authorities may be changed, perhaps retroactively, so as to result in U.S. federal income tax consequences different from those summarized below. This summary does not address all aspects of U.S. federal income taxes and does not deal with tax considerations that may be relevant to holders in light of their personal circumstances, nor does it address all of the U.S. federal income tax consequences applicable to holders of the notes that are subject to special treatment under the U.S. federal income tax laws, such as banks or other financial institutions, foreign governments or international organizations, dealers in securities or currencies, tax-exemptentities, regulated investment companies, real estate investment trusts, insurance companies, persons holding the notes as part of a hedging, integrated or conversion transaction or a straddle, traders in securities that elect to use a mark-to-marketmethod of accounting for their securities holdings, persons required to accelerate the recognition of an item of gross income with respect to the notes as a result of such income being recognized on an applicable financial statement, U.S. holders with a functional currency other than the U.S. dollar, charitable remainder unit trusts, hybrid entities, common trust funds, United States expatriates and former long-term United States residents, “controlled foreign corporations,” “passive foreign investment companies,” persons liable for the alternative minimum tax, or holders of the Bridge Senior Notes. In addition, this discussion does not address any aspect of state, local or non-U.S.tax law. We cannot assure you that a change in law will not alter significantly the tax considerations that we describe in this summary. A “U.S. holder” means a beneficial owner of the notes that is for U.S. federal income tax purposes any of the following:

| • |     | an individual citizen or resident of the United States; |

| • |     | a corporation (or any other entity treated as a corporation for U.S. federal income tax purposes) created or 
 organized in or under the laws of the United States, any state thereof or the District of Columbia;          |

| • |     | an estate the income of which is subject to U.S. federal income taxation regardless of its source; or |

| • |