Company: APO
Filing Date: 2025-08-07
Form Type: 424B5
Source: 0001193125-25-175021
Chunk: 29

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 424B5
Chunk 29
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 means an individual, a corporation, a partnership, a limited liability company, an association, a trust or any other entity, including a government or political subdivision or an agency or instrumentality thereof. Ranking The payment of the principal of, premium, if any, and interest on the notes and the payment of any Note Guarantee will:

| • |     | rank equally in right of payment with all existing and future unsecured and unsubordinated Indebtedness (as 
 defined below), liabilities and other obligations of the Issuer or the relevant Guarantor;                  |

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| • |     | rank senior in right of payment to all existing and future subordinated Indebtedness of the Issuer or the 
 relevant Guarantor;                                                                                       |

| • |     | be effectively subordinated to all existing and future secured Indebtedness of the Issuer or the relevant 
 Guarantor, to the extent of the value of the assets securing such Indebtedness; and                       |

| • |     | be structurally subordinated in right of payment to all existing and future Indebtedness, liabilities and other 
 obligations of each subsidiary of the Issuer or the relevant Guarantor that is not itself a Guarantor.          |

The indenture does not contain any limitations on the amount of additional Indebtedness that the Issuer or any of the Guarantors or their respective subsidiaries may incur. As of June 30, 2025, each of the Issuer and the Guarantors had $3,202 million in outstanding senior Indebtedness ranking equally with the notes and the Note Guarantees and $1,078 million in outstanding Indebtedness ranking junior to the notes and the Note Guarantees. “Indebtedness” shall mean (a) any obligation of, or any obligation guaranteed by, the Issuer or the Guarantors for which such Person is responsible or liable as obligor or otherwise including principal, premium and interest (whether accruing before or after filing of any petition in bankruptcy or any similar proceedings by or against the Credit Parties and whether or not allowed as a claim in bankruptcy or similar proceedings) for (i) indebtedness for money borrowed, (ii) indebtedness evidenced by securities, bonds, debentures, notes or other similar written instruments, (iii) any deferred obligation for the payment of the purchase price or conditional sale obligation of property or assets acquired other than in the ordinary course of business, (iv) all obligations for the reimbursement