X0306 4 2019-09-05 0 0001411494 Apollo Global Management, Inc. APO 0001032681 ROWAN MARC J C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019 1 1 1 0 Senior Managing Director Class A Common Stock 2019-09-05 4 M 0 5000000 A 5000000 I See Footnote Class A Common Stock 2019-09-06 5 G 0 E 449147 0.00 D 4550853 I See Footnote Apollo Operating Group units 2019-09-05 4 M 0 5000000 D Class A Common Stock 5000000 0 I See Footnote Apollo Operating Group units Class A Common Stock 37481402 I See Footnote Following the Conversion (as defined in the Remarks), each Apollo Operating Group ("AOG") unit represents a right to receive one share of Class A common stock of Apollo Global Management, Inc. (the "Issuer"), subject to the restrictions and provisions set forth in the Agreement Among Principals, dated July 13, 2007, by and among the reporting person, Leon Black and Joshua Harris (the "Agreement Among Principals"), and the Fifth Amended and Restated Exchange Agreement, dated April 28, 2017, by and among the Issuer, AP Professional Holdings, L.P. and the other parties thereto (the "Fifth A&R Exchange Agreement"), which was further amended and restated on September 5, 2019. By MJR Foundation LLC, an estate planning vehicle for which voting and investment control are exercised by the reporting person. By MJR Foundation Holdings LLC, an entity directly and indirectly wholly owned by the reporting person, which holds the shares of Class A common stock of the Issuer for the benefit of the reporting person and an entity wholly owned by the reporting person. MJR Foundation Holdings LLC received such shares pursuant to an in kind pro rata distribution without a change in pecuniary interest from MJR Foundation LLC prior to the gift reported herein. The AOG units were fully vested as of December 31, 2011 and do not expire. Pursuant to Instruction 4(c)(iii), this response has been left blank. By AP Professional Holdings, L.P., an entity for which BRH Holdings, L.P. is a limited partner. The reporting person is an indirect limited partner in BRH Holdings, L.P., which holds 90.54827% of the limited partnership interests in AP Professional Holdings, L.P., the direct holder of the AOG units. The AOG units indirectly held by the reporting person are the number of AOG units that he has a right to receive as an indirect limited partner in BRH Holdings, L.P., subject to the restrictions and provisions set forth in the Agreement Among Principals and the Fifth A&R Exchange Agreement, as further amended and restated. On September 5, 2019, Apollo Global Management, LLC converted from a Delaware limited liability company to a Delaware corporation (the "Conversion") and changed its name to Apollo Global Management, Inc. As a result of the Conversion, each Class A share of Apollo Global Management, LLC was converted into a share of Class A common stock of Apollo Global Management, Inc. Following the Conversion, tax-free exchanges of AOG units under the Fifth A&R Exchange Agreement, as further amended and restated, will no longer be possible. Accordingly, Mr. Rowan has elected to direct the exchange of AOG units in connection with the Conversion. The AOG units were exchanged for shares of Class A common stock solely for purposes of charitable contributions. It is Mr. Rowan's intent to contribute the shares to charity or a donor advised fund over time. /s/ Marc J. Rowan 2019-09-09