Ares Dynamic Credit (ARDC): Apollo group discloses 4% stake in Series B preferred

Rhea-AI Filing Summary

Ares Dynamic Credit Allocation Fund, Inc. has an institutional holder group led by Athene Annuity and Life Company and Apollo-affiliated entities reporting ownership of 160,000 shares of its Series B Mandatory Redeemable Preferred Stock (CUSIP 004014F31). This stake represents 4% of the Series B class.

All reporting entities list 0 shares with sole voting or dispositive power and 160,000 shares with shared voting and dispositive power. The percentage is based on 1,200,000 Series B, 2,000,000 Series C, and 800,000 Series D Mandatory Redeemable Preferred shares outstanding as of July 17, 2026. Several Apollo entities expressly disclaim beneficial ownership of shares held of record by Athene. The holding is reported as ownership of 5 percent or less of the class.

Key Figures

Series B shares beneficially owned: 160,000 shares Percent of Series B class: 4% Series B shares outstanding: 1,200,000 shares +3 more

6 metrics

Series B shares beneficially owned 160,000 shares Series B Mandatory Redeemable Preferred Stock held by the reporting persons

Percent of Series B class 4% Beneficial ownership percentage of Series B as reported

Series B shares outstanding 1,200,000 shares Series B Mandatory Redeemable Preferred Stock outstanding as of July 17, 2026

Series C shares outstanding 2,000,000 shares Series C Mandatory Redeemable Preferred Stock outstanding as of July 17, 2026

Series D shares outstanding 800,000 shares Series D Mandatory Redeemable Preferred Stock outstanding as of July 17, 2026

Maturity date reference 06/25/2026 Date shown alongside Series B Mandatory Redeemable Preferred Stock

Key Terms

Series B Mandatory Redeemable Preferred Stock, beneficial ownership, shared voting power, dispositive power, +1 more

5 terms

Series B Mandatory Redeemable Preferred Stock financial

"Title of class of securities: Series B Mandatory Redeemable Preferred Stock"

beneficial ownership financial

"Percent of Class: 4%, based upon ... aggregate percentage of beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared voting power financial

"Shared Voting Power 160,000.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

dispositive power financial

"Shared Dispositive Power 160,000.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

parent holding company financial

"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

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Available on EDGAR 07/28/2026 - 04:05 PM Accepted by SEC EDGAR 07/28/2026 - 04:05 PM Learn about SEC filing dates

FAQ

What stake in Ares Dynamic Credit Allocation Fund (ARDC) do the Apollo/Athene entities report?

They report beneficial ownership of 160,000 shares of Series B Mandatory Redeemable Preferred Stock, representing 4% of that class, with all voting and dispositive power held on a shared basis among the reporting entities.

Which security of ARDC is covered by this Schedule 13G/A filing?

The filing covers Series B Mandatory Redeemable Preferred Stock of Ares Dynamic Credit Allocation Fund, Inc., identified by CUSIP 004014F31, and details a 4% beneficial stake amounting to 160,000 shares held by the reporting group.

How is the 4% ownership in ARDC’s Series B Preferred calculated in this filing?

The 4% figure is based on 1,200,000 Series B, 2,000,000 Series C, and 800,000 Series D Mandatory Redeemable Preferred shares outstanding as of July 17, 2026, as provided by Ares Dynamic Credit Allocation Fund.

Do Apollo-affiliated entities claim full beneficial ownership of the ARDC preferred shares?

Athene Annuity and Life Company holds the preferred shares of ARDC, while several Apollo-affiliated entities disclaim beneficial ownership of the Series B stock held of record by Athene, despite reporting shared voting and dispositive power.

What voting and dispositive powers are reported over ARDC’s Series B Preferred Stock?

Each reporting person shows 0 shares with sole voting or dispositive power and 160,000 shares with shared voting and shared dispositive power over Ares Dynamic Credit Allocation Fund’s Series B Mandatory Redeemable Preferred Stock.

Is the reported ARDC ownership above or below the 5% threshold?

The group’s holding in ARDC’s Series B Mandatory Redeemable Preferred Stock is explicitly reported as ownership of 5 percent or less of the class, corresponding to a 4% beneficial interest.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 10)

Ares Dynamic Credit Allocation Fund, Inc.

(Name of Issuer)

Series B Mandatory Redeemable Preferred Stock

(Title of Class of Securities)

004014F31

(CUSIP Number)

06/25/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Management Holdings GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Athene Annuity and Life Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

IOWA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

IC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Insurance Solutions Group LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

AISG GP Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Life Asset L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Life Asset GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Capital Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Capital Management GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

CUSIP Number(s): 004014F31

1

Names of Reporting Persons

Apollo Management Holdings, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 160,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amount beneficially owned: 160,000 shares of Series B Mandatory Redeemable Preferred Stock. Percent of Class: 4%, based upon: (i) 1,200,200 shares of Series B Mandatory Redeemable Preferred Stock, (ii) 2,000,000 shares of Series C Mandatory Redeemable Preferred Stock, and (iii) 800,000 shares of Series D Mandatory Redeemable Preferred Stock, in each case outstanding as of the date of this filing.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ares Dynamic Credit Allocation Fund, Inc.
(b)	Address of issuer's principal executive offices: 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067
Item 2.
(a)	Name of person filing: This statement is filed by: (i) Athene Annuity and Life Company ("AAIA"); (ii) Apollo Insurance Solutions Group LP ("AISG"); (iii) AISG GP Ltd. ("AISG GP"); (iv) Apollo Life Asset, L.P. ("Apollo Life"); (v) Apollo Life Asset GP, LLC ("Apollo Life GP"); (vi) Apollo Capital Management, L.P. ("Capital Management"); (vii) Apollo Capital Management GP, LLC ("Capital Management GP"); (viii) Apollo Management Holdings, L.P. ("Management Holdings"); and (ix) Apollo Management Holdings GP, LLC ("Management Holdings GP"). The foregoing are collectively referred to herein as the "Reporting Persons." AAIA holds Mandatory Redeemable Preferred Stock of the Issuer. AISG is the investment adviser of AAIA. AISG GP is the general partner of AISG. Apollo Life is the sole shareholder of AISG GP, and Apollo Life GP is the general partner of Apollo Life. Capital Management is the sole member of Apollo Life GP. The general partner of Capital Management is Capital Management GP. Management Holdings is the sole member and manager of Capital Management GP, and Management Holdings GP is the general partner of Management Holdings.
(b)	Address or principal business office or, if none, residence: The address of the principal office of AAIA is 7700 Mills Civic Parkway, West Des Moines, Iowa 50266. The address of the principal office of AISG is 2121 Rosecrans Ave. Ste 5300, El Segundo, California 90245. The address of the principal office of AISG GP is c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, KY1-9008 Grand Cayman, Cayman Islands. The address of the principal office of each of Apollo Life, Apollo Life GP, Capital Management, Capital Management GP, Management Holdings, and Management Holdings GP is 9 West 57th Street, 41st Floor, New York, NY 10019.
(c)	Citizenship: AAIA Iowa AISG Delaware AISG GP Cayman Islands Apollo Life Delaware Apollo Life GP Delaware Capital Management Delaware Capital Management GP Delaware Management Holdings Delaware Management Holdings GP Delaware
(d)	Title of class of securities: Series B Mandatory Redeemable Preferred Stock
(e)	CUSIP No.: 004014F31
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Information in Row 9 of the respective cover pages of the individual Reporting Persons is incorporated into this Item 4(a) by reference. AISG, AISG GP, Apollo Life, Apollo Life GP, Capital Management, Capital Management GP, Management Holdings, and Management Holdings GP each disclaim beneficial ownership of all Series B Mandatory Redeemable Preferred Stock held of record by AAIA, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(b)	Percent of class: Information in Row 11 of the respective cover pages of the individual Reporting Persons is incorporated into this Item 4(b) by reference. The Reporting Persons' aggregate percentage of beneficial ownership of the total amount of Mandatory Redeemable Preferred Stock outstanding is based on 1,200,000 shares of Series B, 2,000,000 shares of Series C, and 800,000 shares of Series D Mandatory Redeemable Preferred Stock outstanding as of July 17, 2026, as provided by the Issuer in its notice to preferred stockholder dated July 17, 2026.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0 for all Reporting Persons
	(ii) Shared power to vote or to direct the vote: For all Reporting Persons: Series B - 160,000
	(iii) Sole power to dispose or to direct the disposition of: 0 for all Reporting Persons
	(iv) Shared power to dispose or to direct the disposition of: For all Reporting Persons: Series B - 160,000
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See response to Item 2(a), which is incorporated herein by reference.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Apollo Management Holdings GP, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	07/28/2026

Athene Annuity and Life Company

Signature:	Apollo Insurance Solutions Group LP
Name/Title:	Investment Adviser
Date:	07/28/2026

Signature:	AISG GP Ltd.
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ Angelo Lombardo
Name/Title:	Angelo Lombardo, Authorized Signatory
Date:	07/28/2026

Apollo Insurance Solutions Group LP

Signature:	AISG GP Ltd.
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ Angelo Lombardo
Name/Title:	Angelo Lombardo, Authorized Signatory
Date:	07/28/2026

AISG GP Ltd.

Signature:	/s/ Angelo Lombardo
Name/Title:	Angelo Lombardo, Authorized Signatory
Date:	07/28/2026

Apollo Life Asset L.P.

Signature:	/s/ Apollo Life Asset GP, LLC
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ Apollo Capital Management, L.P.
Name/Title:	Managing Member
Date:	07/28/2026

Signature:	/s/ Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ William Kuesel
Name/Title:	William Kuesel / Vice President
Date:	07/28/2026

Apollo Life Asset GP, LLC

Signature:	/s/ Apollo Capital Management, L.P.
Name/Title:	Managing Member
Date:	07/28/2026

Signature:	/s/ Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	07/28/2026

Apollo Capital Management, L.P.

Signature:	Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	07/28/2026

Apollo Capital Management GP, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	07/28/2026

Apollo Management Holdings, L.P.

Signature:	Apollo Management Holdings GP, LLC
Name/Title:	General Partner
Date:	07/28/2026

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	07/28/2026