Apollo Asset Management, Inc.: debt financing — Apollo Asset Mgmt and Apollo Global Mgmt guarantee existing notes and credit facility

Pursuant to the First Supplemental Indenture, each New Guarantor agreed to fully and unconditionally, jointly and severally, with the Existing Guarantors, guarantee the Issuer’s 4.950% Fixed-Rate Resettable Subordinated Notes due 2050.

Pursuant to the Joinder, each New Guarantor guarantees to the Administrative Agent, for the benefit of the Issuing Banks and the Lenders, the prompt payment of the Loan Obligations in full when due as set forth in the Credit Agreement.

Pursuant to the Tenth Supplemental Indenture, each New Guarantor agreed to fully and unconditionally, jointly and severally, with the Existing Guarantors, guarantee the Issuer’s: (i) 4.000% Senior Notes due 2024; (ii) 4.400% Senior Notes due 2026; (iii) 5.000% Senior Notes due 2048; (iv) 4.872% Senior Notes due 2029; and (v) 2.650% Senior Notes due 2030.

On April 14, 2023, the New Guarantors entered into a first supplemental indenture (the “ First Supplemental Indenture ”) to the Indenture dated as of December 17, 2019, among the Issuer, the Existing Guarantors, and the Trustee.

On April 14, 2023, the New Guarantors entered into a guarantor joinder agreement (the “ Joinder ”) to the Credit Agreement, dated as of October 12, 2022 (as amended, restated, supplemented or otherwise modified from time to time, and together with the Joinder, the “ Credit Agreement ”), among (i) the Issuer, as the borrower of the Revolving Facility (the “ Borrower ”); (ii) the Initial Guarantors party thereto; (iii) the other Guarantors party thereto from time to time; (iv) the Lenders party thereto from time to time; (v) the Issuing Banks party thereto from time to time; and (vi) Citibank, N.A., as administrative agent for the Lenders (the “ Administrative Agent ”).

On April 14, 2023, Apollo Asset Management, Inc. (the “ Company ”) and Apollo Global Management, Inc. (“ AGM ”, and together with the Company, the “ New Guarantors ”) entered into a tenth supplemental indenture (the “ Tenth Supplemental Indenture ”) to the Indenture dated as of May 30, 2014, as previously supplemented on May 30, 2014, January 30, 2015, February 1, 2016, May 27, 2016, April 13, 2017, March 15, 2018, February 7, 2019, June 11, 2019, and June 5, 2020, among (i) Apollo Management Holdings, L.P. (the “ Issuer ”), (ii) the guarantors party thereto (collectively the “ Existing Guarantors ”), and (iii) Computershare Trust Company, National Association (f/k/a Wells Fargo Bank, National Association), as trustee (the “ Trustee ”).