From: Ada Clapp

From: Ada Clapp To: Jeffre E stein <[email protected]>, Eileen Alexanderson Subject: Our 2 PM Meeting Date: Fri, 05 Apr 2013 17:04:11 +0000 Attachments: Apollo_2011_S-1.docx Hi Jeffrey, Attached are are a few excerpts from the 2011 Amended S-1 relating to the AMH Credit Facility and the Tax Receivable Agreement that I thought you may find helpful. See you at 2. Ada Clapp Black Family Partners do Apollo Management 9 W 57th Street IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used by any person or entity for the purpose of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) promoting, marketing or recommending to another party any transaction or matter discussed herein. I advise you to consult with an independent tax advisor on your particular tax circumstances. This communication, and any attachment, is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. EFTA00682016