Apollo Global Preferred Stock to Convert to Common Shares on July 31

Apollo Global Management, Inc. announced that its 6.75% Series A Mandatory Convertible Preferred Stock will automatically convert into shares of the Company's common stock on July 31, 2026. Each preferred share will convert into 0.5074 shares of common stock, with cash paid for fractional shares. Additionally, a final quarterly cash dividend of $0.8438 per preferred share will be paid on the conversion date to holders of record as of July 15, 2026.