Issuer

Apollo Debt Solutions BDC

Non-Bank Financial Institutions

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Summary

New York-based Apollo Debt Solutions BDC (ADS or the Company) started full investment operations in
January 2022, and is a closed-end, non-diversified investment company and an externally managed
business development company (BDC) under the Investment Company Act of 1940, as amended. The
Company is structured to be a perpetually private, non-listed BDC.

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