1. Apollo's 2024 Scope 3 reporting includes emissions from Fuel and Energy-Related Activities (Category 3), Waste Generated in Operations (Category 5) and expanded emissions from Purchased Goods and Services (Category 1).
2. As of December 16, 2024. Firmwide targets (the “Targets”) to deploy, commit, or arrange capital commensurate with Apollo’s proprietary Transition Investment Framework (the "TIF") are: (1) $50 billion by 2027, and (2) more than $100 billion by 2030. The TIF, which is subject to change at any time without notice, sets forth certain activities classified by Apollo as transition activities and the methodologies used to calculate contribution towards the Targets. The methodologies reflect for: (a) majority equity investments, (i) total enterprise value as of the date of the closing of the transactions and (ii) follow-on funding if it relates to an add-on acquisition, capital requirements to grow the company, and/or would imply an increase in the company’s total enterprise value; (b) minority equity or preferred equity investments, (i) the amount of the contractual commitment at the time of signing, if contractually binding or deemed likely to be fully deployed by the investment team or (ii) the funded amounts as of their respective funding dates, if not subject to a binding commitment or subject to discretion with respect to the funding of such commitments; (c) debt origination platforms, the purchase price paid to acquire such origination platform; (d) secondaries transactions, (i) the total capital commitment at the time of the initial commitment in the case of GP-led/continuation vehicle transactions or (ii) the capital called as of the date of each capital call in the case of additional capital commitment obligations; (e) directly originated debt, the total capital organized and/or arranged; (f) short-term secondary debt instruments, the increase in maximum exposure, or any positive net change in exposure, on a quarterly basis; (g) other secondary debt instruments, the purchase price of acquiring the debt instruments at the time of the initial investment, and at the time of any additional follow-on investments; (h) origination or participation in warehouse facilities, the total facility size; and (i) acquisitions of existing real estate assets, the relevant equity and/or debt methodologies.
3. AAM and Athene calculated volunteer hours as separate entities. AAM employees volunteered 11,900 hours, and Athene employees volunteered 8,500 hours.
4. Amount includes employee donations and Athene match.