Company: APO
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-096971
Chunk: 50

Company: Apollo Global Management, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 50
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 recognition of our differentiated strategy, remarkable growth and institutionalization as a public company, Apollo was added to the S&P 500 Index in December 2024. Since we listed on the NYSE in 2011, our market cap has grown from approximately $2 billion to more than $100 billion as of 2024. We believe that this strong financial performance helped drive strong stock performance. APO reached $165.16 per share at year-end,translating to an 80% total return over the course of 2024 and outperforming the S&P 500 Index by 55% over the comparable period. This result supports our long-term track record of driving outperformance for stockholders.

| 1 | Please see Annex A for the definitions of financial terms used herein. |

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| 2024 BUSINESS HIGHLIGHTS                                                                                                                                                                                                                |
| Meaningful Progress on Our Three Strategic Growth Pillars                                                                                                                                                                               |
| Origination   ➣ Origination volume totaled $222 billion in 2024 with platforms and high grade capital solutions contributing more than half of total origination volume for the full year                                               |
| Global Wealth   ➣ Raised a record $12 billion of capital during 2024 from a combination of successful product launches, ongoing distribution expansion, and continued education focused on providing solutions for individual investors |
| Capital Solutions   ➣ Record full-year capital solution fees of $668 million demonstrates Apollo’s growing capabilities to provide scaled, flexible capital solutions and asset origination to an increasing number of clients          |
| Strategically Allocated Capital to Drive Stockholder Value                                                                                                                                                                              |
| Buybacks   ➣ Repurchased more than $1.2 billion of common stock in 2024, including $501 million of opportunistic share repurchases                                                                                                      |
| Dividends   ➣ Distributed more than $1 billion of common stock dividends in 2024                                                                                                                                                        |

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| Strong Execution Across Key Performance Indicators |

Compensation Philosophy Our principal compensation philosophy is to align the long-term interests of our named executive officers and other key employees with those of our stockholders and investors in the funds we manage. This alignment is achieved through direct beneficial ownership of common stock, participation in performance fees, personal investments in our funds, and equity-based compensation subject to vesting. Our compensation program includes significant elements that mitigate excessive risk-taking, link the compensation of our professionals to our long-term performance, and encourage a firmwide orientation. Additionally, our policies, which include