Athene Holding Ltd. · NYSE:ATH/PA
Athene — Merger or Acquisition (March 2021)
8 slides from Athene's merger presentation, Mar 26, 2021
Slide 1: Athene / Apollo Merger Summary of Employee Equity Treatment
Athene / Apollo Merger Summary of Employee Equity Treatment Filed by Athene Holding Ltd Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Subject Company: Athene Holding Ltd; Apollo Global Management, Inc.; Tango
Slide 2: Disclaimer
Disclaimer The following pages summarize various aspects of awards made under the Athene Holding Ltd. equity incentive plans as an educational aid for broader understanding of the terms of the awards, as well as certain aspects of shares and warrants in Athene Holding Ltd. held by employees. The sum
Slide 3: Merger impact and treatment of equity
Merger impact and treatment of equity The following summarizes the handling of equity awards following closing of the merger. Please see the following page for an example. What will happen to Class A shares in Athene? Generally, the shares you own in Athene will be converted into shares of the combi
Slide 4: Illustration: 2020 SVP LTI Award of $50,000
Illustration: 2020 SVP LTI Award of $50,000 Notes on conversion: New Time-based RSUs (former Time-based RSUs): unvested time-based RSUs * exchange ratio New Time-based Options: (vested + unvested options) * exchange ratio New option exercise price: prior exercise price / exchange ratio New Time-base
Slide 5: Tax Considerations
Tax Considerations* * The following summary is not intended to serve as individual tax advice. Each employee should consult his/her own tax advisor.
Slide 6: Tax Consequences of Stock Options and Restricted Share Units
Tax Consequences of Stock Options and Restricted Share Units Tax Consequences of Stock, Stock Options and Restricted Stock Units in the Combined Company Tax Consequences for Vested Athene Stock that is Exchanged in the Merger Transaction The Merger is intended to qualify as a tax-free transaction fo
Slide 7: Legal Disclosure
Legal Disclosure Additional Information Regarding the Transaction and Where to Find It This document is being made in respect of the proposed transaction involving Tango Holdings, Inc. (“HoldCo”), Apollo Global Management, Inc. (“AGM”), and Athene Holding Ltd. (the “Company”). The proposed transacti
Slide 8: Legal Disclosure (continued)
Legal Disclosure (continued) Company Safe Harbor for Forward-Looking Statements This document contains, and certain oral statements made by the Company’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 19