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indermen" shall refer to those Persons entitled to a share of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. 7 Otion—US4-Hen03.$9.4 Dckt: US1-10770389v1$ EFTA00808231 "Heritage Points" means
o Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LLC Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, LP AP Epoch Management, LP Apollo Real Estate Investment Fund, LP AREIF II Co-Investors, LLC AREILIII_Co-Investors, LLC AREIF IV _Co-Investors,
indermen" shall refer to those Persons entitled to a share of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. lieritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage
lo Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LW Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, LP AP Epoch Management, LP Apollo Real Estate Investment Fund, LP AREIF II Co-Investors, LLC AREIF III Co-Investors, LW AREIF IV Co-Investors,
indermen" shall refer to those Persons entitled to a share of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage
o Real Estate Co-Investors (EU), LLC AREA Co-Investors (EU), LLC Apollo Corp. EU II Co-Investors, LLC Apollo Real Estate Mezzanine Management, LP AP Excelsior Management, LP AP Epoch Management, LP Apollo Real Estate Investment Fund, LP AREIF II Co-Investors, LLC AREIF III Co-Investors, LLC AREIF IV Co-Investors,
Entities connected to both the Group of another Principal and AP Excelsior Management

Exchange
ORGANIZATIONLeon Black
PERSONApollo Management Holdings
ORGANIZATIONAIF V Euro Holdings
ORGANIZATION
Apollo Global Management
ORGANIZATIONCayman
LOCATIONJohn J. Suydam
PERSONBlack Family GP
ORGANIZATION
Eric Holder
PERSONBRH Holdings GP, Ltd.
ORGANIZATIONDisability
ORGANIZATIONthe Heritage Points
ORGANIZATIONApollo Investment Fund IV
ORGANIZATIONApollo Overseas Partners IV
ORGANIZATIONApollo Advisors IV
ORGANIZATIONApollo Netherlands Partners
ORGANIZATION
United States
LOCATIONthe AOG Units
ORGANIZATIONthe Tax Receivable Agreement
ORGANIZATIONthe Apollo Operating Group
ORGANIZATION