Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 16

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 16
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 approved by the board and authorized at an annual or special meeting of         
 stockholders, and not by written consent, by the affirmative vote of at least sixty-six and two-thirds (66 2/3)% of the outstanding voting 
 stock which is not owned by the interested stockholder.                                                                                    |

Generally, a “business combination”
includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder (other than
on other than a pro rata basis with other stockholders). Subject to certain exceptions, an “interested stockholder” is a person
who, together with that person’s affiliates and associates, “owns,” or if such person is an affiliate or associate of
the corporation, within three years prior to the determination of interested stockholder status, did “own” 15% or more of
a corporation’s outstanding voting stock.

| S-13 |

Under certain circumstances, Section 203 makes
it more difficult for a person who would be an “interested stockholder” to effect various business combinations with a corporation
for a three-year period. Accordingly, Section 203 could have an anti-takeover effect with respect to certain transactions our board of
directors does not approve in advance or certain transactions with “interested stockholders” who have not been approved by
the board of directors prior to becoming an interested stockholder. The provisions of Section 203 may encourage companies interested in
acquiring us to negotiate in advance with our board of directors to avoid the restrictions on business combinations that would apply if
the stockholder became an interested stockholder. However, Section 203 also could discourage attempts that might result in a premium over
the market price for the shares of common stock held by stockholders. These provisions also may have the effect of preventing changes
in our board of directors and may make it more difficult to accomplish transactions that stockholders may otherwise deem to be in their
best interests.

Series A Mandatory Convertible Preferred Stock

Holders of our Series A Mandatory Convertible
Preferred Stock have the right to convert their shares upon the occurrence of a “Fundamental Change” (as defined in the certificate
of designations), which could have the effect of discouraging third parties from pursuing certain transactions with us, which may otherwise
be in the best interest of our stockholders.

Election of directors

Directors are elected at an annual meeting of
our stockholders. Subject to any rights that we may grant to the holders of preferred stock and subject to the