Company: APO
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001193125-25-177032
Chunk: 49

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-08
Form: 424B5
Chunk 49
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 will provide certain information to the IRS and/or you that is relevant to determining the amount of OID in each accrual period. Sale, Exchange, Retirement or Other Taxable Disposition. Your adjusted tax basis in the notes will, in general, be your cost for such notes. You will generally recognize capital gain or loss on the sale, exchange, retirement or other taxable disposition of the notes in an amount equal to the difference between the amount realized from such sale, exchange, retirement or other taxable disposition and your adjusted tax basis in such notes. The amount realized will not include any amounts attributable to accrued but unpaid interest (which will be taxed as described above). Any gain or loss you recognize will be long-term capital gain or loss if the holding period for the notes exceeds one year at the time of disposition. Long-term capital gain of non-corporateU.S. holders (including individuals) is eligible for reduced rates of taxation. The ability to deduct capital losses is subject to limitations. Additional Tax on Passive Income. Certain U.S. holders that are individuals, trusts, or estates will be required to pay a 3.8% tax on, among other things, interest and capital gain from the sale, exchange, retirement or other taxable disposition of the notes. You are urged to consult your own tax advisors regarding the application of this tax to your ownership of the notes. Certain U.S. Federal Income Tax Considerations for Non-U.S.Holders The following is a summary of certain U.S. federal income tax consequences that will apply if you are a non-U.S.holder. U.S. Federal Withholding Tax. Subject to the discussion of backup withholding and the Foreign Account Tax Compliance Act (“FATCA”) below, U.S. federal withholding tax will not apply to any payment of interest on the notes under the “portfolio interest rule;” provided that:

| • |     | interest paid on the notes is not effectively connected with your conduct of a trade or business in the United 
 States;                                                                                                        |

| • |     | you do not actually (or constructively) own 10% or more of the total combined voting power of all classes of the 
 voting stock of the Issuer;                                                                                      |

| • |     | you are not a controlled foreign corporation that is related to the Issuer, directly or indirectly, within the 
 meaning of Section 864(d)(4) of the Code;                                                                      |

| • |     | you are not a bank whose receipt of interest on the notes is described in Section