In our industry, alternative assets, the fundamental promise that we make to our clients is excess return per unit of risk. Absent that, I'm not sure why we as an industry would exist. This promise, the delivery on this promise, was on full display across the entirety of our franchise for the quarter. True in private equity, in hybrid, and in our credit franchise. Just a quick tour of the quarter. In private equity, we announced three transactions in the past 30 days, Travel Corp, Every, and IGT Gaming. Truly an amazing stat. Team is working around the clock.

Aug 1, 2024 / receipt, needs a key / Mark Rowan, CEO | earnings call 2024-08-01 | transcript d60019cf-592c-4a3e-a577-0fae14f3783b | chars 2255-2820 | segment 2

Additionally, our travel and entertainment expenses have normalized back to pre-COVID levels.

Feb 9, 2023 / receipt, needs a key / Martin, CFO | earnings call 2023-02-09 | transcript a4b66f5a-7442-49cf-8bbc-1bb033505170 | chars 33123-33216 | segment 34

The increase in net gains (losses) from investment activities of $331 million was primarily driven by a prior year impairment loss on an equity investment triggered by the initial public offering of the issuer of the equity security, which resulted in an observable transaction price below the Company’s carrying amount, as well as appreciation in the Company’s investments in Global Business Travel Group, Inc.

filing / Aug 10, 2026 / receipt

The increase in net gains (losses) from investment activities of $237 million was primarily driven by a prior-year impairment loss on an equity investment triggered by the initial public offering of the issuer of the equity security which resulted in an observable transaction price below the Company's carrying amount, as well as appreciation in the Company’s investments in Global Business Travel Group, Inc.

filing / Aug 10, 2026 / receipt

Pro forma financial information presented does not include adjustments to reflect any potential revenue synergies or cost savings that may be achievable in connection with the Bridge acquisition and assumes it occurred as of January 1, 2024.

filing / Aug 10, 2026 / receipt

The increase in salary, bonus and benefits of $105 million was primarily driven by increased headcount in 2026 relative to 2025 due in part to the Bridge acquisition.

filing / Aug 10, 2026 / receipt

The increase in salary, bonus and benefits of $192 million was primarily driven by increased headcount in 2026 relative to 2025 due in part to the Bridge acquisition.

filing / Aug 10, 2026 / receipt

A cornerstone of Athene’s investment philosophy is that given the operating leverage inherent in its business, modest investment outperformance can translate to outsized return performance.

filing / Aug 10, 2026 / receipt

The increase in 2026 was primarily driven by increases in professional fees, depreciation and amortization expenses, technology expenses and travel and entertainment expenses.

filing / May 7, 2026 / receipt

The increase in non-compensation expenses in 2026 was primarily driven by increases in professional fees, technology expenses, travel and entertainment expenses and depreciation and amortization expense.

filing / May 7, 2026 / receipt

Pro forma financial information presented does not include adjustments to reflect any potential revenue synergies or cost savings that may be achievable in connection with the Bridge acquisition and assumes it occurred as of January 1, 2024.

filing / May 7, 2026 / receipt

The increase in salary, bonus and benefits of $87 million was primarily driven by increased headcount in 2026 relative to 2025 due in part to the Bridge acquisition.

filing / May 7, 2026 / receipt

A cornerstone of Athene’s investment philosophy is that given the operating leverage inherent in its business, modest investment outperformance can translate to outsized return performance.

filing / May 7, 2026 / receipt