APO: Financial results · Company disclosure

Item 2.02 Results of Operations and Financial Condition. The information contained in Item 7.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.02. Item 7.01 Regulation FD Disclosure. Apollo Global Management, Inc. (the “Company”, “Apollo”, “we”, and “our”) and Athene Holding Ltd. (“Athene”), a subsidiary of Apollo, are reporting preliminary estimates for the Company’s alternative net investment income for the third quarter ended September 30, 2026. This information is being reported prior to the availability of the Company’s quarterly earnings release and quarterly financial supplement for the third quarter, scheduled for release on November 3, 2026. The Company estimates that alternative net investment income will be approximately $375 million (pre-tax) for the third quarter ended September 30, 2026, which equates to an estimated 10% annualized return on alternative net investments. Within these alternative net investments, the Company estimates that the annualized return on Athene’s investment in a pooled investment vehicle, through which it holds the large majority of its alternative investments portfolio, equates to an estimated 9% for the third quarter ended September 30, 2026 and the annualized return on Athene’s investments in other alternative investments including Athene’s investments in retirement services platforms equates to an estimated 11% for the third quarter ended September 30, 2026. Alternative net investment income is a component of Spread Related Earnings used to assess the performance of the Company’s Retirement Services segment. Spread Related Earnings is a component of Segment Income which is the key performance measure used by management in evaluating the performance of its operating segments. Refer to the