Company: APO
Filing Date: 2025-04-11
Form Type: S-4
Source: 0001193125-25-079161
Chunk: 94

Company: Apollo Global Management, Inc.
Filing Date: 2025-04-11
Form: S-4
Chunk 94
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 their fiduciary duties in connection with a proposed sale of Bridge.

On February 8, 2025, representatives of
Paul, Weiss sent comments on the disclosure schedules to representatives of Latham and Cravath.

During the course of February 10,
2025 through February 23, 2025, representatives of Latham, Cravath and Paul, Weiss continued to exchange drafts of, and continued to negotiate the terms of, the merger agreement, disclosure schedules, voting and support agreements, lock-up agreements and other ancillary agreements.

On February 10, 2025, the special committee
held a meeting with representatives of Cravath and Lazard. Representatives of Cravath discussed with the special committee the key outstanding issues in the draft merger agreement under negotiation with Paul, Weiss. Representatives of Cravath also
discussed with the special committee the amendments Apollo requested to be made to Bridge’s funds documentation to better align with the terms and structure of Apollo’s funds. Representatives of Cravath noted that Apollo was likely to
request an extension of the exclusivity agreement given the upcoming expiration of the exclusivity period on February 11, 2025. The special committee discussed and was supportive of a short extension.

Also on February 10, 2025, representatives of Paul, Weiss contacted Cravath and requested an extension of the exclusivity agreement
through February 14, 2025.

On February 11, 2025, Bridge and Apollo agreed to extend the exclusivity period until
February 14, 2025 as had been previously discussed with and approved by the special committee.

On February 12, 2025,
representatives of Bridge, Latham, Cravath, Apollo and Paul, Weiss participated in a due diligence call regarding Apollo’s business, including any material changes or circumstances at Apollo that had not been publicly disclosed, planned
material announcements, Apollo’s ability to achieve its financial targets, non-public agreements impacting the rights of shareholders and pending, threatened or anticipated litigation or adverse
regulatory actions.

On February 14, 2025, the special committee held a meeting with representatives of Cravath and Lazard.
Representatives of Lazard provided the special committee with an overview of Lazard’s preliminary valuation analysis of the potential sale of Bridge to Apollo. The special committee asked questions and discussed the methodology and assumptions
of Lazard’s analysis. Representatives of Cravath discussed with the special committee their fiduciary duties under applicable law in connection with transactions such