SCHEDULE 13G/A 0000950142-25-000290 0002022516 XXXXXXXX LIVE 2 Common Stock, par value $0.01 per share 06/30/2025 0001882850 Apollo Realty Income Solutions, Inc. 000000000 9 WEST 57TH STREET 42ND FLOOR NEW YORK NY 10019 Rule 13d-1(d) AAA Sub Fund 2-Y, L.P. DE 5529458.22 0.00 5529458.22 0.00 5529458.22 N 8.95 PN Apollo Aligned Alternatives Advisors, L.P. E9 0.00 5529458.22 0.00 5529458.22 5529458.22 N 8.95 PN AAA Advisors GP, LLC E9 0.00 5529458.22 0.00 5529458.22 5529458.22 N 8.95 OO APH Holdings (DC), L.P. E9 0.00 5529458.22 0.00 5529458.22 5529458.22 N 8.95 PN Apollo Principal Holdings B GP, LLC DE 0.00 5529458.22 0.00 5529458.22 5529458.22 N 8.95 OO Note 1: Represents 5,529,458.22 Class A-I units of ARIS Operating Partnership L.P. held of record as of the date of this statement by AAA Sub Fund 2-Y, L.P. ("AAA Sub-Fund"), which units may be redeemed for cash, or at the Issuer's option, for shares of common stock of the Issuer on a one-for-one basis. Note 2: The denominator for this calculation is based on 61,800,000 shares of common stock, including third-party units redeemable for shares of common stock, outstanding as of June 30, 2025, as reported in the Issuer's prospectus supplement filed with the U.S. Securities and Exchange Commission on July 17, 2025. Apollo Realty Income Solutions, Inc. 9 West 57th Street, 42nd Floor, New York, NY 10019 This statement is filed by (i) AAA Sub Fund 2-Y, L.P.; (ii) Apollo Aligned Alternatives Advisors, L.P. ("AAA Advisors"); (iii) AAA Advisors GP, LLC ("AAA Advisors GP"); (iv) APH Holdings (DC), L.P. ("APH Holdings"); and (v) Apollo Principal Holdings B GP, LLC ("Apollo Principal Holdings B"). The foregoing are collectively referred to herein as the "Reporting Persons." AAA Sub-Fund holds securities of the Issuer. AAA Advisors is the general partner of AAA Sub-Fund. AAA Advisors GP is the general partner of AAA Advisors. APH Holdings is the managing member of AAA Advisors GP. Apollo Principal Holdings B is the general partner of APH Holdings. Apollo Principal Holdings B is managed by a board of managers consisting of Marc Rowan, Scott Kleinman and James Zelter. The address of AAA Sub-Fund and Apollo Principal Holdings B is 9 West 57th Street, 42nd Floor, New York, New York 10019. The address of each of AAA Advisors, AAA Advisors GP and APH Holdings is c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. AAA Sub-Fund is a Delaware limited partnership. AAA Advisors and APH Holdings are each Cayman Islands exempted limited partnerships. AAA Advisors GP is a Cayman Islands limited liability company. Apollo Principal Holdings B is a Delaware limited liability company. Y The responses of each Reporting Person to Rows 5, 6, 7, 8, 9 and 11 in the cover page to this Section 13G are incorporated herein by reference. 8.95 Please see Row (5) of each Reporting Person's cover page. Please see Row (6) of each Reporting Person's cover page. Please see Row (7) of each Reporting Person's cover page. Please see Row (8) of each Reporting Person's cover page. Y Y Y Y Y Y Exhibit 99.1: Joint Filing Agreement dated August 13, 2025 AAA Sub Fund 2-Y, L.P. /s/ William B. Kuesel 08/13/2025 Apollo Aligned Alternatives Advisors, L.P. /s/ William B. Kuesel 08/13/2025 AAA Advisors GP, LLC /s/ William B. Kuesel 08/13/2025 APH Holdings (DC), L.P. /s/ William B. Kuesel 08/13/2025 Apollo Principal Holdings B GP, LLC /s/ William B. Kuesel 08/13/2025