Company: APO
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001193125-25-269713
Chunk: 14

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-06
Form: 424B5
Chunk 14
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-based profit sharing expense includes stock-based grants that are tied to realized performance within 
 the Principal Investing segment.                                                                             |

| 2. | Transaction-related costs, restructuring and other non-operating                                                                                                                                                                          
 expenses includes: (a) contingent consideration, certain equity-based charges, amortization of intangible assets and certain other expenses associated with acquisitions; (b) gains (losses) from changes in the tax receivable agreement 
 liability; (c) merger-related transaction and integration costs associated with our merger with Athene and (d) other non-operating expenses, including the issuance of shares of our common stock for                                     
 charitable contributions.                                                                                                                                                                                                                 |

| 3. | Includes change in fair values of derivatives and embedded derivatives,                                                                                     
 non-operating change in funding agreements, change in fair value of market risk benefits, and non-operating change in liability for future policy benefits. |

Additional Information Our corporate headquarters and principal executive offices are located at 9 West 57th Street, New York, New York 10019. Our telephone number at that address is (212) 515-3200.Our internet address is www.apollo.com. Information on, or accessible through, our website is not part of this prospectus supplement or the accompanying prospectus.

S-11

The Offering

| Issuer | Apollo Global Management, Inc. |

| Notes Offered | $400,000,000 aggregate principal amount of 4.600% Senior Notes due 2031. |

| $350,000,000 aggregate principal amount of 5.150% Senior Notes due 2035. |

| For more detailed information on the calculation of the interest rate, see “Description of the Notes—Principal and Interest.” |

S-12

| a redemption price equal to the greater of (i) 100% of the principal amount of the new 2035 notes to be redeemed and (ii) a “make-whole” redemption price as described in this                                                                   
 prospectus supplement, plus, in either case, accrued and unpaid interest to, but excluding, the redemption date. On or after the 2035 Notes Par Call Date, the new 2035 notes may be redeemed, in whole or in part, at the Issuer’s option, at a 
 redemption price equal to 100% of the principal amount of the new 2035 notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date.                                                                             |

| See “Description of the Notes—Optional Redemption of the