Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 13

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 13
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 stock, for one or more series of our
preferred stock, to fix the designation, powers (including voting powers), preferences and relative, participating, optional and other
special rights of, and the qualifications, limitations or restrictions thereof, such series of our preferred stock and the number of shares
of such series, in each case without further vote or action by our stockholders (except as may be required by the terms of our certificate
of incorporation and any certificate of designation relating to any series of our preferred stock then outstanding). Our board of directors
can also increase (but not above the total number of shares of our preferred stock then authorized and available for issuance and not
committed for other issuance) or decrease (but not below the number of shares of such series then outstanding) the number of shares of
any series of our preferred stock. Our board of directors may authorize the issuance of our preferred stock with voting or conversion
rights that could dilute or have a detrimental effect on the proportion of voting power held by, or other relative rights of, the holders
of our common stock. The issuance of our preferred stock, while providing flexibility in connection with possible acquisitions and other
corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in the control of AGM and
might adversely affect the market price of our common stock.

There are no shares of our preferred stock outstanding
other than the Series A Mandatory Convertible Preferred Stock.

Priority of Dividends

So long as any share of Series A Mandatory Convertible
Preferred Stock remains outstanding, no dividend or distribution may be declared or paid on our common stock or any other class or series
of Junior Stock (as defined in the certificate of designations of the Series A Mandatory Convertible Preferred Stock (the “certificate
of designations”)), and no shares of our common stock or any other class or series of Junior Stock or Parity Stock (as defined in
the certificate of designations) may be, directly or indirectly, purchased, redeemed or otherwise acquired for consideration by AGM or
any of its subsidiaries unless, in each case, all accumulated and unpaid dividends for all preceding dividend periods have been declared
and paid in full in cash, shares of our common stock or a combination thereof, or a sufficient sum of cash or number of shares of our
common stock has been set apart for the payment of such dividends, on all outstanding shares of Series A Mandatory Convertible Preferred
Stock, subject to certain exceptions.

When