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be adjusted pursuant to Section 2.3. "Equivalent Heritage Points Deficit" means, with respect to a Principal Group, as of immediately prior to any Exchange, the excess (if any) of the number of 4 I ." CSI. 144-7-7441'9 1/octi: US1:107703119t 15 EFTA00808228 Equivalent Heritage Points of such Princ
forth above. /tht-Leoci- Bleek Leon D. Black isi-Mare-J,Revoaa Marc J. Rowan isi-Jeahaa-J,HaFfie Joshua J. Harris BLACK FAMILY PARTNERS, By: Black Family GP, LLC, its General Partner By: Ai-Leen-Dr Sleek Name: Leon D. Black Title: Manager MJR FOUNDATION LLC By: isi-MGFC—J, an Name: Marc J. Rowan
xchange Agreement, and the subsequent sale of such Class A Share at prevailing market prices for a Class A Share (unless the Person requesting such Exchange is willing to accept a lower price, e.g., to effect a block trade), (ii) a redemption of AOG Units initiated by Apollo or any of its Subsidiaries, s
and year first above written. General Partner: BRH HOLDINGS GP, Ltd. By: uyd Vice President Limited Partners: BLACK FAMILY PARTNERS, L.P. By: Black Family GP, LLC its General Partner By: Leon D. Black Manager MJR FOUNDATION LLC By: Marc J. Rowan Manager Joshua J. Harris Witness: [BRE Amended and
shall be adjusted pursuant to Section "Equivalent Heritage Points Deficit" means, with respect to a Principal Group, as of immediately prior to any Exchange, the excess (if any) of the number of Equivalent Heritage Points of such Principal Group over the Pecuniary Interest in the Heritage Points of such
uly executed and delivered, all as of the date first set forth above. n D. Black Marc J. Rowan Joshua J. Harris BLACK FAMILY PARTNERS, L.P. By: Black Family GP, LLC, its General Partner /7 /2 Leon D. Black Manager MJR FOUNDATION LLC By: Name: Marc J. Rowan Tide: Manager BRH HOLDINGS, L.P. By BRH Hol
be adjusted pursuant to Section 2.3. "Equivalent Heritage Points Deficit" means, with respect to a Principal Group, as of immediately prior to any Exchange, the excess (if any) of the number of Equivalent Heritage Points of such Principal Group over the Pecuniary Interest in the Heritage Points of such
y executed and delivered, all as of the date first set forth above. Leon D. Black Marc J. Rowan Joshua J. Harris BLACK FAMILY PARTNERS, L.P. By: Black Family GP, LLC, its General Partner By: Name: Leon D. Black Title: Manager MJR FOUNDATION LLC By: Name: Marc J. Rowan Title: Class A Managing Member M
Entities connected to both Exchange and Black Family GP

United States
LOCATIONLeon Black
PERSONthe State of New York
LOCATION
Samantha Power
PERSONCayman
LOCATION
Eric Holder
PERSON
Cayman Islands
LOCATION
New York State
LOCATIONthe Apollo Operating Group
ORGANIZATIONApollo Management Holdings
ORGANIZATIONJohn J. Suydam
PERSONWeiss
PERSONBRH Holdings GP
ORGANIZATIONthe Group of another Principal
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONApollo Advisors IV
ORGANIZATIONFund IV
ORGANIZATIONthe Heritage Points
ORGANIZATIONthe AOG Units
ORGANIZATION
Apollo Global Management
ORGANIZATION