Management. LLC and its wholly-owned subsidiaries (which currently consist of our three intermediate holding companies. APO Corp.. APO (FC). LLC and APO Asset Co.. LLC). income tax expenses of Apollo Global Management. LW and its wholly-owned subsidiaries and indebtedness incurred by Apollo Global Management. LLC a

es. Such income will not be eligible for the reduced rate of tax that may be applicable to "qualified dividend income" for individual U.S. persons. APO Asset Co.. LLC. APO Asset Co., LLC is a wholly-owned limited liability company. APO Asset Co., LLC will be treated as an entity disregarded as a separate entity fr

ion of Profits and Losses. For each of our fiscal years, items of income, gain, loss, deduction or credit recognized by us (including those items of APO Asset Co.. LLC, which is an entity disregarded as a separate entity from us for U.S. Federal income tax purposes) generally will be allocated among the holders of