Company: APO
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001193125-25-177032
Chunk: 32

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-08
Form: 424B5
Chunk 32
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 determined that such pledge, lien or other encumbrance would not materially detract from the creditworthiness of the Credit Parties), and (h) any lien renewing, extending or refunding any lien permitted hereby without increase of the principal of the Indebtedness secured thereby. This covenant will not limit the ability of the Credit Parties or their subsidiaries to incur Indebtedness or other obligations secured by liens on assets other than the voting stock or profit participating equity interests of the Credit Parties and their respective subsidiaries. “Fitch” means Fitch Ratings, Ltd., a division of Fitch, Inc., or any successor thereto. “Moody’s” means Moody’s Investors Service, Inc., or any successor thereto. “Rating Agency” means:

| • |     | each of Fitch, Moody’s and S&P; and |

| • |     | if any of Fitch, Moody’s or S&P ceases to rate the notes or fails to make a rating of the notes publicly                                                                                                                              
 available for reasons outside of the Issuer’s control, a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) of the Exchange Act selected by the Issuer as a replacement agency for Fitch, 
 Moody’s or S&P, or any of them, as the case may be.                                                                                                                                                                                   |

“S&P” means S&P Global Ratings, a division of S&P Global Inc., or any successor thereto. As of the date of this prospectus supplement, there are no material liens on voting stock or profit participating equity interests of any subsidiary of the Credit Parties. S-24

Consolidation, Merger, Sale of Assets and Other Transactions None of the Credit Parties shall be party to a Substantially All Merger or participate in a Substantially All Sale, unless:

| • |     | the Credit Party is the surviving Person, or the Person formed by or surviving such Substantially All Merger or                                                                                                                                         
 to which such Substantially All Sale has been made is organized under the laws of the United States, Belgium, Bermuda, Canada, Cayman Islands, France, Germany, Gibraltar, Ireland, Italy, Luxembourg, the Netherlands, Switzerland, the United Kingdom 
 or British Crown Dependencies, a member country of the Organisation for Economic Co-operation and Development, or any political subdivision of any of the foregoing (collectively, the “Permitted                                                       
 Jurisdictions”), and has expressly assumed by supplemental indenture all of