X0306 4 2020-01-31 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 2020-01-31 4 M 0 5000000 A 5000000 I See Footnote Class A Common Stock 2020-02-03 4 S 0 106271 46.5968 D 4893729 I See Footnote Class A Common Stock 2020-02-03 4 S 0 34705 47.3219 D 4859024 I See Footnote Class A Common Stock 2020-02-04 4 S 0 165941 47.3647 D 4693083 I See Footnote Class A Common Stock 2020-02-04 4 S 0 8300 47.9498 D 4684783 I See Footnote Class A Common Stock 4550853 I See Footnote Apollo Operating Group units 2020-01-31 4 M 0 5000000 D Class A Common Stock 5000000 0 I See Footnote Apollo Operating Group units Class A Common Stock 32481402 I See Footnote 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, Joshua Harris, AP Professional Holdings, L.P., BRH Holdings L.P. and the other parties thereto (the "Agreement Among Principals"), and the Sixth Amended and Restated Exchange Agreement, dated September 5, 2019, by and among the Issuer and the other parties thereto (the "Sixth A&R Exchange Agreement"). By MJR Foundation LLC, an estate planning vehicle for which voting and investment control are exercised by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.01 to $47.00, inclusive. Mr. Rowan undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3), (5), (6) and (7) to this Form 4. By RWN Management, LLC, an entity directly wholly owned by the reporting person, which holds the shares of Class A common stock of the Issuer. RWN Management, 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 sale reported herein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.01 to $47.92, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.90 to $47.885, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.90 to $48.045, inclusive. 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 indirectly wholly owned by the reporting person. 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 approximately 90.5% 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 Sixth A&R Exchange Agreement. /s/ Marc J. Rowan 2020-02-04