Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 212

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 212
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 2 2 14 Equity awards granted by unconsolidated related parties, reimbursable expenses and other1162 126 306 219 Retirement Services Adjustments:Premiums, product charges, investment related gains (losses) and other retirement services revenue3381 794 (50)2,812 Change in fair value of reinsurance assets65 37 128 47 Forward points adjustment on FX derivative hedges(26)(32)(50)(83)Held-for-trading amortization40 8 69 43 Reinsurance impacts39 55 79 119 ACRA non-controlling interests on net investment earnings1,159 921 2,233 1,789 Other retirement services adjustments3 (50)(14)(119)Total Revenues$6,814 $6,018 $12,362 $13,058 1 Represents advisory fees, management fees and performance fees earned from consolidated VIEs which are eliminated in consolidation. Includes non-cashrevenues related to equity awards granted by unconsolidated related parties to employees of the Company and certain compensation and administrative related expense reimbursements.2 Represents adjustments that primarily impact the Principal Investing segment.3 Refer to the consolidated statement of operations for breakout of individual items.The following table presents the reconciliation of the Company’s total reportable segment assets to total assets:(In millions)June 30, 2025December 31, 2024Total reportable segment assets$409,488 $368,442 Adjustments110,062 9,453 Total assets$419,550 $377,895 1 Represents the addition of assets of consolidated funds and VIEs and consolidation elimination adjustments.

18. Subsequent EventsDividendsOn August 5, 2025, the Company declared a cash dividend of $0.51 per share of common stock, which will be paid on August 29, 2025 to holders of record at the close of business on August 18, 2025.On August 5, 2025, the Company also declared and set aside for payment a cash dividend of $0.8438 per share of its Mandatory Convertible Preferred Stock, which will be paid on October 31, 2025 to holders of record at the close of business on October 15, 2025.

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