X0306 4 2019-09-05 0 0001411494 Apollo Global Management, Inc. APO 0001272588 KLEINMAN SCOTT C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019 0 1 0 0 Co-President Class A Common Stock 2019-09-05 4 M 0 750000 A 750000 I KRT Investments LLC Class A Common Stock 652875 D Class A Common Stock 35157 I KRT APO Series LLC Class A Common Stock 56110 I KRT APO Series LLC (4/30/2015) Class A Common Stock 20834 I KRT APO Series 6/30/15 LLC Class A Common Stock 20834 I KRT APO Series 9/30/15 LLC Class A Common Stock 23876 I KRT APO Series 12/31/15 LLC Class A Common Stock 132398 I KRT APO Series LLC, 9-30-18 Series Class A Common Stock 136666 I KRT APO Series LLC, 6/30/13 Series Apollo Operating Group units 2019-09-05 4 M 0 750000 D Class A Common Stock 750000 0 I By KRT Investments LLC Apollo Operating Group units Class A Common Stock 2033805 I By AP Professional Holdings, L.P. 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 reporting person's Roll-Up Agreement, dated July 13, 2007, by and among the reporting person, the Issuer, AP Professional Holdings, L.P. ("AP Prof") and the other parties thereto (the "Roll-Up Agreement") and the Fifth Amended and Restated Exchange Agreement, dated April 28, 2017, by and among the Issuer, AP Prof and the other parties thereto (the "Fifth A&R Exchange Agreement"), which was further amended and restated on September 5, 2019. Reported amount includes 649,231 restricted stock units ("RSUs") granted under the Issuer's 2019 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of Class A common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date. Pursuant to the reporting person's Roll-Up Agreement, the AOG units were fully vested as of June 30, 2013 and do not expire. Pursuant to Instruction 4(c)(iii), this response has been left blank. KRT Investments LLC and Kleinman Children's Trust are limited partners of AP Prof, the direct holder of the AOG units. The manager of KRT Investments LLC is Alan Kleinman, the reporting person's father. The sole member of KRT Investments LLC is The Kleinman Residual Trust and the trustee of The Kleinman Residual Trust is Alan Kleinman. The trustee of Kleinman Children's Trust is Alan Kleinman. The AOG units indirectly held by KRT Investments LLC and Kleinman Children's Trust are the number of AOG units that such entities have a right to receive as limited partners in AP Prof, subject to the restrictions and provisions set forth in the Roll-Up Agreement and the Fifth A&R Exchange Agreement, as further amended and restated. (continued from footnote 5) The reporting person disclaims beneficial ownership of the securities indirectly or directly held by KRT Investments LLC and Kleinman Children's Trust reported herein and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. By KRT APO Series LLC, a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series LLC (4/30/2015), a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series 6/30/15 LLC, a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series 9/30/15 LLC, a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series 12/31/15 LLC, a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series LLC, 9-30-18 Series, a vehicle over which the reporting person exercises voting and investment control. By KRT APO Series LLC, 6/30/13 Series, a vehicle over which the reporting person exercises voting and investment control. 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. Kleinman 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. Kleinman's intent to contribute the shares to charity or a donor advised fund over time. /s/ Scott M. Kleinman 2019-09-09