Form 8-K

8-K — Athene Holding Ltd.

Accession: 0001527469-26-000057

Filed: 2026-08-10

Period: 2026-08-10

CIK: 0001527469

SIC: 6311 (LIFE INSURANCE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ahl-20260810.htm (Primary)

EX-99.1 (athq22026financialsuppleme.htm)

GRAPHIC (ahl-20260810_g1.jpg)

GRAPHIC (athene-logo_rgb.jpg)

GRAPHIC (image.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: ahl-20260810.htm · Sequence: 1

ahl-20260810

0001527469false00015274692026-08-102026-08-100001527469us-gaap:SeriesAPreferredStockMember2026-08-102026-08-100001527469us-gaap:SeriesBPreferredStockMember2026-08-102026-08-100001527469us-gaap:SeriesDPreferredStockMember2026-08-102026-08-100001527469us-gaap:SeriesEPreferredStockMember2026-08-102026-08-100001527469us-gaap:JuniorSubordinatedDebtMember2026-08-102026-08-10

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): August 10, 2026

ATHENE HOLDING LTD.

(Exact name of registrant as specified in its charter)

Delaware 001-37963 98-0630022

(State or other jurisdiction of (Commission file number) (I.R.S. Employer

incorporation or organization) Identification Number)

7700 Mills Civic Pkwy

West Des Moines, Iowa 50266

1-(515) 342-4678

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbols Name of each exchange on which registered

Depositary Shares, each representing a 1/1,000th interest in a 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A

ATHPrA New York Stock Exchange

Depositary Shares, each representing a 1/1,000th interest in a 5.625% Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series B

ATHPrB New York Stock Exchange

Depositary Shares, each representing a 1/1,000th interest in a 4.875% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series D

ATHPrD New York Stock Exchange

Depositary Shares, each representing a 1/1,000th interest in a 7.75% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series E

ATHPrE New York Stock Exchange

7.250% Fixed-Rate Reset Junior Subordinated Debentures due 2064 ATHS New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 10, 2026, Athene Holding Ltd. (the “Company”) made available on its website the Company’s financial supplement for the second quarter ended June 30, 2026, furnished as Exhibit 99.1 hereto and incorporated by reference in this Item 2.02.

The foregoing information, including the Exhibit referenced, is being furnished pursuant to this Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing or document, except as shall be expressly set forth by specific reference in such a filing or document.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1

Quarterly Financial Supplement for Athene Holding Ltd. for the second quarter 2026 (furnished and not filed).

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ATHENE HOLDING LTD.

Date: August 10, 2026 /s/ Louis-Jacques Tanguy

Louis-Jacques Tanguy

Executive Vice President and Chief Financial Officer

EX-99.1

Filename: athq22026financialsuppleme.htm · Sequence: 2

Document

Table of Contents

Important Notice

FINANCIAL RESULTS

Financial Highlights

Condensed Consolidated Statements of Income (Loss) (GAAP view)

Spread Related Earnings (Management view)

Reconciliation of Earnings Measures

Net Flows & Outflows Attributable to Athene by Type

Condensed Consolidated Balance Sheets

ASSETS

Net Invested Assets (Management view) & Agency Ratings

Net Alternative Investments (Management view)

Credit Quality of Securities & Net Invested Assets

LIABILITIES

Net Reserve Liabilities & Rollforwards

Deferred Annuity Liability Characteristics

ADDITIONAL INFORMATION

Defined Terms

Notes to the Financial Supplement

Non-GAAP Reconciliations

Important Notice

The information included in this financial supplement is unaudited and intended for informational purposes only.

AHL is a subsidiary of Apollo Global Management, Inc. The financial statements and exhibits included in this financial supplement should be read in conjunction with AHL’s reports and other filings with the US Securities and Exchange Commission, including its reports on Form 10-K, Form 10-Q and Form 8-K. This financial supplement does not constitute an offer to sell, or the solicitation of an offer to buy, any security of AHL, and nothing in this financial supplement shall in any way be relied on in connection with investment decisions. Each recipient of the information contained in this financial supplement is responsible for making its own independent assessment of the business, financial condition, prospects, status and affairs of AHL.

AHL undertakes no obligation to update or correct the information in this financial supplement. AHL makes no representation or warranty, express or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of any of the information contained in this financial supplement. AHL does not accept any liability whatsoever for any direct, indirect or consequential losses (in contract, tort or otherwise) arising from the use of this financial supplement or its contents or any reliance on the information contained herein.

This financial supplement includes certain non-GAAP measures, including net investment earnings, cost of funds, other operating expenses, spread related earnings, net investment spread, net spread, adjusted AHL common stockholder’s equity, adjusted leverage ratio, net invested assets, net reserve liabilities, spread related earnings - excluding notable items, net investment spread - excluding notable items and net spread - excluding notable items. Management believes the use of these non-GAAP measures (which are defined and discussed in greater detail and reconciled elsewhere in this financial supplement), together with the relevant GAAP measures, provides information that may enhance an investor’s understanding of AHL’s results of operations and the underlying profitability drivers of AHL’s business. These measures should be considered supplementary to AHL’s results in accordance with US GAAP and should not be viewed as a substitute for the corresponding US GAAP measures.

Under the statutory accounting guidance for the principles-based bond definition, certain debt securities are required to be accounted for as non-bond debt securities. These non-bond debt securities are required to be filed with and designated by the NAIC. Our non-bond debt securities that have not received a designation are presented as “Non-designated” within the NAIC rating tables in this financial supplement. “Non-designated” status is not an indication of the quality of a security.

Financial Highlights

Unaudited (in millions, except percentages)

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

SELECTED INCOME STATEMENT DATA

GAAP

Net income (loss) available to AHL common stockholder $ 503 $ 1,223 $ 488 $ (1,973) $ 953 NM 89 % $ 923 $ (1,020) NM

Return on assets 0.51 % 1.17 % 0.45 % (1.77) % 0.83 % NM 32 bps 0.48 % (0.45) % (93) bps

NON-GAAP

Spread related earnings $ 820 $ 872 $ 865 $ 719 $ 877 22 % 7 % $ 1,624 $ 1,596 (2) %

Net spread 1.22 % 1.24 % 1.20 % 0.97 % 1.14 % 17 bps (8) bps 1.24 % 1.06 % (18) bps

Net investment spread 1.58 % 1.60 % 1.58 % 1.34 % 1.47 % 13 bps (11) bps 1.62 % 1.41 % (21) bps

Spread related earnings, excluding notable items1

$ 820 $ 847 $ 865 $ 719 $ 877 22 % 7 % $ 1,646 $ 1,596 (3) %

Net spread, excluding notable items1

1.22 % 1.21 % 1.20 % 0.97 % 1.14 % 17 bps (8) bps 1.26 % 1.06 % (20) bps

Net investment spread, excluding notable items1

1.58 % 1.57 % 1.58 % 1.34 % 1.47 % 13 bps (11) bps 1.64 % 1.41 % (23) bps

Alternative net investment income delta to long-term expectation2

$ 36 $ 37 $ 28 $ 188 $ 76 $ 65 $ 264

Alternative net return delta to long-term expectation 1.14 % 1.12 % 0.81 % 5.21 % 1.96 % 0.95 % 3.51 %

Impact to net spread 0.05 % 0.05 % 0.04 % 0.25 % 0.10 % 0.05 % 0.17 %

SELECTED BALANCE SHEET DATA

GAAP

Total assets

$ 405,309 $ 429,915 $ 442,205 $ 447,804 $ 472,879 6 % 17 % $ 405,309 $ 472,879 17 %

Goodwill 4,075 4,072 4,072 4,079 4,079 — % — % 4,075 4,079 — %

Total liabilities 376,105 396,874 406,567 414,104 438,074 6 % 16 % 376,105 438,074 16 %

Debt 7,864 7,856 7,848 7,840 7,832 — % — % 7,864 7,832 — %

Total Athene Holding Ltd. stockholders' equity 18,148 20,411 20,492 17,848 18,556 4 % 2 % 18,148 18,556 2 %

Leverage ratio 39.7 % 36.5 % 36.4 % 40.1 % 39.0 % NM (70) bps 39.7 % 39.0 % (70) bps

NON-GAAP

Gross invested assets

$ 361,795 $ 377,180 $ 386,973 $ 396,834 $ 413,598 4 % 14 % $ 361,795 $ 413,598 14 %

Invested assets – ACRA noncontrolling interests

(86,755) (91,006) (94,559) (96,544) (99,508) 3 % 15 % (86,755) (99,508) 15 %

Net invested assets

275,040 286,174 292,414 300,290 314,090 5 % 14 % 275,040 314,090 14 %

Net reserve liabilities

254,572 266,451 271,233 279,189 293,298 5 % 15 % 254,572 293,298 15 %

Cash collateral posted by Athene 2,076 2,069 2,500 2,594 3,001 16 % 45 % 2,076 3,001 45 %

Notional debt 7,775 7,775 7,775 7,775 7,775 — % — % 7,775 7,775 — %

Adjusted Athene Holding Ltd. common stockholder’s equity3

22,212 22,924 22,843 20,955 21,900 5 % (1) % 22,212 21,900 (1) %

Adjusted leverage ratio3

24.9 % 24.3 % 24.4 % 25.9 % 25.1 % (80) bps 20 bps 24.9 % 25.1 % 20 bps

INFLOWS DATA

Gross organic inflows $ 21,232 $ 22,616 $ 12,687 $ 19,747 $ 22,069 12 % 4 % $ 46,795 $ 41,816 (11) %

Gross inorganic inflows — — 1,340 — — NM NM — — NM

Total gross inflows $ 21,232 $ 22,616 $ 14,027 $ 19,747 $ 22,069 12 % 4 % $ 46,795 $ 41,816 (11) %

Note: “NM” represents changes that are not meaningful. Please refer to the Defined Terms section for the description of key terms. Please refer to the Notes to the Financial Supplement section for discussion on non-GAAP metrics and the Non-GAAP Measure Reconciliations section for reconciliations of non-GAAP metrics. 1. Notable items include unusual variability such as actuarial experience, assumption updates and other insurance adjustments. 2. Refers to the amount that as-reported alternative net investment income is below (above) management's long-term expectation of an 11% average annual return. Management’s long-term expectation is based on historical experience and provides investors with supplemental information for period-to-period comparability as well as a basis for developing expectations of future performance. There is no assurance that management’s expected long-term average annual return will be achieved. Actual results may differ materially. 3. The decrease in adjusted Athene Holding Ltd. common stockholder’s equity and resulting increase in adjusted leverage ratio in 1Q’26 was primarily driven by a one-time tax expense of $1.7 billion due to the revocation of ACRA’s election to be subject to Bermuda CIT as a result of updated guidance issued during the quarter, which led to the recognition of a full valuation allowance against the remaining Bermuda deferred tax assets established in 4Q’23 when Bermuda CIT was enacted.

Condensed Consolidated Statements of Income (Loss) (GAAP view)

Unaudited (in millions, except percentages)

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

REVENUES

Premiums

$ 107 $ 117 $ 2,277 $ 217 $ 170 (22) % 59 % $ 234 $ 387 65 %

Product charges

274 292 306 281 299 6 % 9 % 539 580 8 %

Net investment income

4,429 4,672 4,755 4,769 4,988 5 % 13 % 8,420 9,757 16 %

Investment related gains (losses) (5) 2,254 123 (2,078) 2,989 NM NM (833) 911 NM

Other revenues

6 6 9 4 4 — % (33) % 10 8 (20) %

Revenues of consolidated variable interest entities

Net investment income 80 92 32 68 43 (37) % (46) % 157 111 (29) %

Investment related gains (losses) 468 565 632 407 659 62 % 41 % 1,018 1,066 5 %

Total revenues 5,359 7,998 8,134 3,668 9,152 150 % 71 % 9,545 12,820 34 %

BENEFITS AND EXPENSES

Interest sensitive contract benefits

3,428 4,164 3,003 1,591 5,714 259 % 67 % 4,922 7,305 48 %

Future policy and other policy benefits

527 613 2,752 639 594 (7) % 13 % 1,068 1,233 15 %

Market risk benefits remeasurement (gains) losses (111) 131 47 259 (24) NM 78 % 274 235 (14) %

Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired 292 355 328 337 350 4 % 20 % 559 687 23 %

Policy and other operating expenses

571 591 627 651 614 (6) % 8 % 1,136 1,265 11 %

Total benefits and expenses 4,707 5,854 6,757 3,477 7,248 108 % 54 % 7,959 10,725 35 %

Income before income taxes 652 2,144 1,377 191 1,904 NM 192 % 1,586 2,095 32 %

Income tax expense (benefit) (34) 266 479 1,673 217 (87) % NM 141 1,890 NM

Net income (loss) 686 1,878 898 (1,482) 1,687 NM 146 % 1,445 205 (86) %

Less: Net income attributable to noncontrolling interests 222 619 375 456 698 53 % 214 % 516 1,154 124 %

Net income (loss) attributable to Athene Holding Ltd. stockholders 464 1,259 523 (1,938) 989 NM 113 % 929 (949) NM

Less: Preferred stock dividends

45 36 35 35 36 3 % (20) % 90 71 (21) %

Add: Preferred stock redemption 84 — — — — NM NM 84 — NM

Net income (loss) available to Athene Holding Ltd. common stockholder $ 503 $ 1,223 $ 488 $ (1,973) $ 953 NM 89 % $ 923 $ (1,020) NM

Spread Related Earnings (Management view)

Unaudited (in millions, except percentages)

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

SPREAD RELATED EARNINGS

Fixed income and other net investment income $ 3,180 $ 3,425 $ 3,505 $ 3,551 $ 3,686 4 % 16 % $ 6,096 $ 7,237 19 %

Alternative net investment income 319 321 344 210 348 66 % 9 % 634 558 (12) %

Net investment earnings 3,499 3,746 3,849 3,761 4,034 7 % 15 % 6,730 7,795 16 %

Strategic capital management fees 32 35 35 36 37 3 % 16 % 61 73 20 %

Cost of funds (2,470) (2,661) (2,742) (2,807) (2,942) 5 % 19 % (4,680) (5,749) 23 %

Net investment spread 1,061 1,120 1,142 990 1,129 14 % 6 % 2,111 2,119 — %

Other operating expenses (109) (108) (119) (118) (111) (6) % 2 % (225) (229) 2 %

Interest and other financing costs (132) (140) (158) (153) (141) (8) % 7 % (262) (294) 12 %

Spread related earnings $ 820 $ 872 $ 865 $ 719 $ 877 22 % 7 % $ 1,624 $ 1,596 (2) %

Fixed income and other net investment earned rate 4.97 % 5.12 % 5.08 % 5.04 % 5.05 % 1 bp 8 bps 4.89 % 5.04 % 15 bps

Alternative net investment earned rate 9.86 % 9.88 % 10.19 % 5.79 % 9.04 % NM (82) bps 10.05 % 7.49 % NM

Net investment earned rate 5.21 % 5.34 % 5.32 % 5.08 % 5.25 % 17 bps 4 bps 5.14 % 5.16 % 2 bps

Strategic capital management fees 0.05 % 0.05 % 0.05 % 0.05 % 0.05 % 0 bps 0 bps 0.05 % 0.05 % 0 bps

Cost of funds (3.68) % (3.79) % (3.79) % (3.79) % (3.83) % 4 bps 15 bps (3.57) % (3.80) % 23 bps

Net investment spread 1.58 % 1.60 % 1.58 % 1.34 % 1.47 % 13 bps (11) bps 1.62 % 1.41 % (21) bps

Other operating expenses (0.16) % (0.15) % (0.16) % (0.16) % (0.14) % (2) bps (2) bps (0.17) % (0.15) % (2) bps

Interest and other financing costs (0.20) % (0.21) % (0.22) % (0.21) % (0.19) % (2) bps (1) bp (0.21) % (0.20) % (1) bp

Spread related earnings 1.22 % 1.24 % 1.20 % 0.97 % 1.14 % 17 bps (8) bps 1.24 % 1.06 % (18) bps

Average net invested assets - fixed income and other $ 255,789 $ 267,607 $ 275,769 $ 281,872 $ 291,771 4 % 14 % $ 249,407 $ 287,363 15 %

Average net invested assets - alternatives 12,914 13,000 13,526 14,480 15,419 6 % 19 % 12,610 14,902 18 %

Average net invested assets $ 268,703 $ 280,607 $ 289,295 $ 296,352 $ 307,190 4 % 14 % $ 262,017 $ 302,265 15 %

Note: Please refer to the Notes to the Financial Supplement section for discussion on spread related earnings.

Reconciliation of Earnings Measures

Unaudited (in millions, except percentages)

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

RECONCILIATION OF NET INCOME (LOSS) AVAILABLE TO ATHENE HOLDING LTD. COMMON STOCKHOLDER TO SPREAD RELATED EARNINGS

Net income (loss) available to Athene Holding Ltd. common stockholder $ 503 $ 1,223 $ 488 $ (1,973) $ 953 NM 89 % $ 923 $ (1,020) NM

Less: Preferred stock redemption 84 — — — — NM NM 84 — NM

Add: Preferred stock dividends 45 36 35 35 36 3 % (20) % 90 71 (21) %

Add: Net income attributable to noncontrolling interests 222 619 375 456 698 53 % 214 % 516 1,154 124 %

Net income (loss) 686 1,878 898 (1,482) 1,687 NM 146 % 1,445 205 (86) %

Income tax expense (benefit) (34) 266 479 1,673 217 (87) % NM 141 1,890 NM

Income before income taxes 652 2,144 1,377 191 1,904 NM 192 % 1,586 2,095 32 %

Realized gains (losses) on sale of AFS securities and mortgage loans (61) (51) (367) (214) 300 NM NM (204) 86 NM

Unrealized, allowances and other investment gains (losses) (513) 373 238 (430) (335) 22 % 35 % (340) (765) NM

Change in fair value of reinsurance assets 46 121 26 (66) 39 NM (15) % 148 (27) NM

Offsets to investment gains (losses) 19 20 17 14 19 36 % — % 38 33 (13) %

Investment gains (losses), net of offsets (509) 463 (86) (696) 23 NM NM (358) (673) (88) %

Change in fair values of derivatives and embedded derivatives - indexed annuities 27 267 104 90 319 254 % NM (68) 409 NM

Non-operating change in funding agreements (4) 33 63 17 (20) NM NM 4 (3) NM

Change in fair value of market risk benefits 122 (123) 1 (148) 55 NM (55) % (175) (93) 47 %

Non-operating change in liability for future policy benefits 4 (3) (33) (1) 4 NM — % 21 3 (86) %

Non-operating change in insurance liabilities and related derivatives 149 174 135 (42) 358 NM 140 % (218) 316 NM

Integration, restructuring and other non-operating items (32) (36) (23) (33) (41) 24 % 28 % (62) (74) 19 %

Stock compensation expense (11) (13) (14) (10) (12) 20 % 9 % (22) (22) — %

Preferred stock dividends 45 36 35 35 36 3 % (20) % 90 71 (21) %

Noncontrolling interests - pre-tax income and VIE adjustments 190 648 465 218 663 204 % 249 % 532 881 66 %

Less: Total adjustments to income before income taxes (168) 1,272 512 (528) 1,027 NM NM (38) 499 NM

Spread related earnings $ 820 $ 872 $ 865 $ 719 $ 877 22 % 7 % $ 1,624 $ 1,596 (2) %

Note: Please refer to the Notes to the Financial Supplement section for discussion on spread related earnings.

Net Flows & Outflows Attributable to Athene by Type

Unaudited (in millions, except percentages)

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

NET FLOWS

Retail $ 7,256 $ 10,046 $ 7,343 $ 7,270 $ 12,267 69 % 69 % $ 16,738 $ 19,537 17 %

Flow reinsurance 2,031 2,542 1,665 2,603 3,763 45 % 85 % 6,964 6,366 (9) %

Funding agreements1

11,707 9,724 2,800 8,531 5,718 (33) % (51) % 22,851 14,249 (38) %

Pension group annuities 1 — 746 — — NM NM 5 — NM

Other spread products2

237 304 133 1,343 321 (76) % 35 % 237 1,664 NM

Gross organic inflows 21,232 22,616 12,687 19,747 22,069 12 % 4 % 46,795 41,816 (11) %

Gross inorganic inflows3

— — 1,340 — — NM NM — — NM

Total gross inflows 21,232 22,616 14,027 19,747 22,069 12 % 4 % 46,795 41,816 (11) %

Gross outflows4

(7,230) (10,638) (9,268) (10,768) (10,141) (6) % 40 % (15,622) (20,909) 34 %

Net flows $ 14,002 $ 11,978 $ 4,759 $ 8,979 $ 11,928 33 % (15) % $ 31,173 $ 20,907 (33) %

Inflows attributable to Athene $ 15,838 $ 17,138 $ 10,142 $ 15,957 $ 17,095 7 % 8 % $ 35,956 $ 33,052 (8) %

Inflows attributable to ADIP5

5,019 4,962 3,515 3,453 4,402 27 % (12) % 9,975 7,855 (21) %

Inflows ceded to third-party reinsurers 375 516 370 337 572 70 % 53 % 864 909 5 %

Total gross inflows $ 21,232 $ 22,616 $ 14,027 $ 19,747 $ 22,069 12 % 4 % $ 46,795 $ 41,816 (11) %

Outflows attributable to Athene $ (5,813) $ (9,181) $ (7,714) $ (8,612) $ (7,608) (12) % 31 % $ (12,830) $ (16,220) 26 %

Outflows attributable to ADIP5

(1,417) (1,457) (1,554) (2,156) (2,533) 17 % 79 % (2,792) (4,689) 68 %

Total gross outflows4

$ (7,230) $ (10,638) $ (9,268) $ (10,768) $ (10,141) (6) % 40 % $ (15,622) $ (20,909) 34 %

OUTFLOWS ATTRIBUTABLE TO ATHENE BY TYPE

Maturity-driven, contractual-based outflows6,12

$ (2,389) $ (5,525) $ (3,641) $ (4,960) $ (3,921) (21) % 64 % $ (5,924) $ (8,881) 50 %

Policyholder-driven outflows7

(3,424) (3,656) (4,073) (3,652) (3,687) 1 % 8 % (6,906) (7,339) 6 %

Income oriented withdrawals (planned)8

(1,609) (1,660) (1,922) (1,845) (1,717) (7) % 7 % (3,289) (3,562) 8 %

From policies out-of-surrender-charge (planned)9

(1,025) (1,093) (1,198) (1,089) (1,120) 3 % 9 % (2,083) (2,209) 6 %

From policies in-surrender-charge (unplanned)10

(790) (903) (953) (718) (850) 18 % 8 % (1,534) (1,568) 2 %

Core outflows (5,813) (9,181) (7,714) (8,612) (7,608) (12) % 31 % (12,830) (16,220) 26 %

Strategic reinsurance transactions — — — — — NM NM — — NM

Outflows attributable to Athene $ (5,813) $ (9,181) $ (7,714) $ (8,612) $ (7,608) (12) % 31 % $ (12,830) $ (16,220) 26 %

Annualized rate11

Maturity-driven, contractual-based outflows6,12

(3.6) % (7.9) % (5.0) % (6.7) % (5.1) % NM 150 bps (4.5) % (5.9) % 140 bps

Policyholder-driven outflows7

(5.1) % (5.2) % (5.7) % (4.9) % (4.8) % (10) bps (30) bps (5.3) % (4.8) % (50) bps

Income oriented withdrawals (planned)8

(2.4) % (2.4) % (2.7) % (2.5) % (2.2) % (30) bps (20) bps (2.5) % (2.3) % (20) bps

From policies out-of-surrender-charge (planned)9

(1.5) % (1.5) % (1.7) % (1.5) % (1.5) % 0 bps 0 bps (1.6) % (1.5) % (10) bps

From policies in-surrender-charge (unplanned)10

(1.2) % (1.3) % (1.3) % (0.9) % (1.1) % 20 bps (10) bps (1.2) % (1.0) % (20) bps

Core outflows (8.7) % (13.1) % (10.7) % (11.6) % (9.9) % NM 120 bps (9.8) % (10.7) % 90 bps

Strategic reinsurance transactions — % — % — % — % — % NM NM — % — % NM

Outflows attributable to Athene (8.7) % (13.1) % (10.7) % (11.6) % (9.9) % NM 120 bps (9.8) % (10.7) % 90 bps

1. Funding agreements represent funding agreements issued under our FABN program, secured and other funding agreements, which include our FABR program and direct funding agreements, funding agreements issued to the FHLB and long-term repurchase agreements. 2. Other spread product inflows include guaranteed investment and group annuity contracts issued in connection with defined contribution plans, stable value group annuity contracts and structured settlements. 3. Gross inorganic inflows represent acquisitions and block reinsurance transactions. On October 1, 2025, we entered into an agreement with a Japanese counterparty to reinsure a small block of whole life insurance policies on a coinsurance basis. In conjunction with the transaction, we entered into an agreement with a leading mortality reinsurer to retrocede the mortality risk related to this block of business. 4. Gross outflows include full and partial policyholder withdrawals on deferred annuities, death benefits, pension group annuity benefit payments, payments on payout annuities and payments related to interest, maturities and repurchases of funding agreements. 5. ADIP represents the noncontrolling interests in business ceded to ACRA. 6. Represents outflows from funding agreements, pension group annuities and multi-year guarantee fixed annuities, all of which occur based on defined maturities or substantially lapse upon reaching their contractual term. Amounts may vary on a quarterly basis, based on the timing of original issuance. 7. Represents outflows from indexed annuities and other applicable products, which have varying degrees of predictability due to policyholder actions. 8. Represents partial annuity withdrawals to meet retirement income needs within contractual annual limits. 9. Represents outflows from policies that no longer have an active surrender charge in force. 10. Represents outflows from policies with an active surrender charge in force. 11. The outflow rate is calculated as outflows attributable to Athene divided by average net invested assets for the respective period, on an annualized basis. 12. 2Q’25 outflows exclude maturities of long-term repurchase agreements of $1.1 billion, or a rate of 1.6% for the respective period on an annualized basis, which may be renewed upon joint agreement of the parties based on a variety of factors.

Condensed Consolidated Balance Sheets

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026 Δ

ASSETS

Investments

Available-for-sale securities, at fair value $ 192,597 $ 196,763 2 %

Trading securities, at fair value 6,409 6,318 (1) %

Equity securities, at fair value 822 697 (15) %

Mortgage loans, at fair value 91,918 99,974 9 %

Investment funds 108 276 156 %

Policy loans 301 293 (3) %

Funds withheld at interest 15,413 13,787 (11) %

Derivative assets 9,190 11,034 20 %

Short-term investments 175 230 31 %

Other investments 4,148 4,470 8 %

Total investments 321,081 333,842 4 %

Cash and cash equivalents

14,994 21,957 46 %

Restricted cash

1,332 1,583 19 %

Investments in related parties

Available-for-sale securities, at fair value 26,444 33,292 26 %

Trading securities, at fair value 454 1,290 184 %

Equity securities, at fair value 266 — NM

Mortgage loans, at fair value 1,486 1,549 4 %

Investment funds 2,149 3,243 51 %

Funds withheld at interest 4,215 3,802 (10) %

Short-term investments 18 18 — %

Other investments, at fair value 344 333 (3) %

Accrued investment income

3,395 4,015 18 %

Reinsurance recoverable

10,282 10,929 6 %

Deferred acquisition costs, deferred sales inducements and value of business acquired

8,634 9,279 7 %

Goodwill 4,072 4,079 — %

Other assets

11,950 11,411 (5) %

Assets of consolidated variable interest entities

Investments

Trading securities, at fair value 3,120 2,103 (33) %

Mortgage loans, at fair value 2,140 2,058 (4) %

Investment funds, at fair value 24,070 26,798 11 %

Other investments 844 925 10 %

Cash and cash equivalents 569 171 (70) %

Other assets 346 202 (42) %

Total assets

$ 442,205 $ 472,879 7 %

Condensed Consolidated Balance Sheets, continued

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026 Δ

LIABILITIES

Interest sensitive contract liabilities

$ 315,889 $ 344,593 9 %

Future policy benefits

50,264 48,241 (4) %

Market risk benefits 4,930 5,283 7 %

Debt 7,848 7,832 — %

Derivative liabilities

5,742 6,241 9 %

Payables for collateral on derivatives and securities to repurchase

11,085 11,199 1 %

Other liabilities

9,097 13,284 46 %

Liabilities of consolidated variable interest entities 1,712 1,401 (18) %

Total liabilities 406,567 438,074 8 %

EQUITY

Preferred stock

— — NM

Common stock

— — NM

Additional paid-in capital 19,238 19,329 — %

Retained earnings 3,895 2,440 (37) %

Accumulated other comprehensive loss (2,641) (3,213) (22) %

Total Athene Holding Ltd. stockholders' equity 20,492 18,556 (9) %

Noncontrolling interests

15,146 16,249 7 %

Total equity 35,638 34,805 (2) %

Total liabilities and equity $ 442,205 $ 472,879 7 %

Net Invested Assets (Management view) & Agency Ratings

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

NET INVESTED ASSETS

Corporate $ 86,664 29.6 % $ 89,692 28.5 %

CLO 25,401 8.7 % 21,897 7.0 %

Credit 112,065 38.3 % 111,589 35.5 %

CML 31,789 10.9 % 38,930 12.4 %

RML 43,326 14.8 % 42,786 13.6 %

RMBS 7,592 2.6 % 7,056 2.2 %

CMBS 9,877 3.4 % 9,414 3.0 %

Real estate 92,584 31.7 % 98,186 31.2 %

ABS 38,417 13.1 % 44,155 14.1 %

Alternative investments 13,868 4.7 % 15,745 5.0 %

State, municipal, political subdivisions and foreign government 3,081 1.0 % 3,024 1.0 %

Equity securities 2,039 0.7 % 1,797 0.6 %

Short-term investments 207 0.1 % 242 0.1 %

US government and agencies 14,225 4.9 % 19,724 6.3 %

Other investments 71,837 24.5 % 84,687 27.1 %

Cash and cash equivalents 10,490 3.6 % 13,512 4.3 %

Other 5,438 1.9 % 6,116 1.9 %

Net invested assets $ 292,414 100.0 % $ 314,090 100.0 %

A.M. Best S&P Global Fitch Moody’s

FINANCIAL STRENGTH RATINGS

Athene Annuity and Life Company

A+ A+ A+ A1

Athene Annuity & Life Assurance Company of New York

A+ A+ A+ A1

Athene Life Insurance Company of New York A+ NR NR NR

Athene Annuity Re Ltd. A+ A+ A+ A1

Athene Life Re Ltd. A+ A+ A+ A1

Athene Life Re International Ltd. A+ A+ A+ A1

Athene Co-Invest Reinsurance Affiliate 1A Ltd. and Athene Co-Invest Reinsurance Affiliate 1B Ltd. A+ A+ A+ A1

Athene Co-Invest Reinsurance Affiliate 2A Ltd. and Athene Co-Invest Reinsurance Affiliate 2B Ltd. A+ A+ A+ A1

Athene Co-Invest Reinsurance Affiliate International Ltd. A+ A+ A+ A1

CREDIT RATINGS

Athene Holding Ltd. a- A- A- NR

Senior notes a- A- BBB+ Baa1

Subordinated notes NR BBB BBB- Baa2

1. Please refer to the Notes to the Financial Supplement section for discussion on net invested assets, and the Non-GAAP Measure Reconciliations section for the reconciliation of investments, including related parties, to net invested assets. Net invested assets include our economic ownership of ACRA investments but do not include the investments associated with the noncontrolling interests.

Net Alternative Investments (Management view)

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

NET ALTERNATIVE INVESTMENTS

Origination platforms

Wheels $ 739 5.3 % $ 763 4.8 %

Redding Ridge 645 4.7 % 701 4.5 %

MidCap Financial 588 4.2 % 600 3.8 %

Aqua Finance 319 2.3 % 336 2.1 %

Skylign 344 2.5 % 351 2.2 %

Apterra 531 3.8 % 502 3.2 %

Atlas 560 4.0 % 631 4.0 %

Cadma 271 1.9 % 309 2.0 %

Other 733 5.3 % 828 5.3 %

Origination platforms 4,730 34.0 % 5,021 31.9 %

Apollo and other investments

Real assets 1,701 12.3 % 1,522 9.6 %

Private equity 1,086 7.8 % 1,128 7.2 %

Structured equity and other 927 6.7 % 3,200 20.3 %

Equity 3,714 26.8 % 5,850 37.1 %

Credit 2,125 15.3 % 910 5.8 %

Liquid assets and other 770 5.6 % 327 2.1 %

Apollo and other investments 6,609 47.7 % 7,087 45.0 %

Total AAA 11,339 81.7 % 12,108 76.9 %

Retirement Services

Athora 1,124 8.1 % 2,012 12.8 %

Venerable 356 2.6 % 360 2.3 %

Retirement Services 1,480 10.7 % 2,372 15.1 %

Apollo and other investments

Equity 617 4.5 % 560 3.5 %

Credit 417 3.0 % 601 3.8 %

Other 15 0.1 % 104 0.7 %

Apollo and other investments 1,049 7.6 % 1,265 8.0 %

Total Non AAA 2,529 18.3 % 3,637 23.1 %

Net alternative investments2

$ 13,868 100.0 % $ 15,745 100.0 %

1. Please refer to the Notes to the Financial Supplement section for discussion on net invested assets, including net alternative investments, and the Non-GAAP Measure Reconciliations section for the reconciliations of investments, including related parties, to net invested assets and investment funds, including related parties and consolidated VIEs, to net alternative investments. Net invested assets include our economic ownership of ACRA investments but do not include the investments associated with the noncontrolling interests. Net alternative invested asset values reflect Athene’s ownership of AAA and AAA Lux. Athene’s combined net ownership percentage of AAA and AAA Lux was approximately 43% and 45% as of June 30, 2026 and December 31, 2025, respectively. 2. Net alternative investments do not correspond to total investment funds, including related parties and consolidated VIEs, on our condensed consolidated balance sheets. Net alternative investments adjusts the GAAP presentation to include investment funds included in our funds withheld at interest and modco reinsurance portfolios and VIE adjustments and exclude other investments. Net alternative investments include our economic ownership of ACRA investments but do not include the investments associated with the noncontrolling interests.

Credit Quality of Securities

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026

CREDIT QUALITY OF AFS SECURITIES (GAAP VIEW)

Fair Value Percentage of Total Fair Value Percentage of Total

NAIC designation

1 A-G $ 121,234 55.4 % $ 131,056 57.0 %

2 A-C 91,503 41.8 % 93,724 40.7 %

Total investment grade

212,737 97.2 % 224,780 97.7 %

3 A-C 3,356 1.5 % 2,967 1.3 %

4 A-C 1,732 0.8 % 1,517 0.7 %

5 A-C 487 0.2 % 334 0.1 %

6 697 0.3 % 407 0.2 %

Non-designated 32 — % 50 — %

Total below investment grade

6,304 2.8 % 5,275 2.3 %

Total AFS securities including related parties

$ 219,041 100.0 % $ 230,055 100.0 %

NRSRO designation

AAA/AA/A $ 114,983 52.5 % $ 125,230 54.4 %

BBB 87,497 39.9 % 90,610 39.4 %

Non-rated1

8,493 3.9 % 7,349 3.2 %

Total investment grade 210,973 96.3 % 223,189 97.0 %

2,976 1.4 % 2,485 1.1 %

1,722 0.8 % 1,594 0.7 %

CCC

1,652 0.7 % 1,429 0.6 %

CC and lower

436 0.2 % 405 0.2 %

Non-rated1

1,282 0.6 % 953 0.4 %

Total below investment grade

8,068 3.7 % 6,866 3.0 %

Total AFS securities including related parties

$ 219,041 100.0 % $ 230,055 100.0 %

1. Securities denoted as non-rated by the NRSRO were classified as investment or non-investment grade according to the security’s respective NAIC designation. With respect to modeled LBaSS, the NAIC designation methodology differs in significant respects from the NRSRO ratings methodology. The NRSRO ratings methodology is focused on the likelihood of recovery of all contractual payments, including principal at par regardless of entry price, while the NAIC designation methodology considers an investment at amortized cost, and the likelihood of recovery of that book value. We view the NAIC designation methodology as the most appropriate way to view our AFS portfolio when evaluating credit risk since a portion of our holdings were purchased at a significant discount to par.

Credit Quality of Net Invested Assets (Management view)

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026 December 31, 2025 June 30, 2026

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

CREDIT QUALITY OF NET INVESTED ASSETS

NAIC designation

NRSRO designation

1 A-G $ 100,710 54.3 % $ 108,949 55.8 % AAA/AA/A $ 93,681 50.5 % $ 102,346 52.4 %

2 A-C 77,217 41.6 % 80,064 41.0 % BBB 72,669 39.2 % 75,998 38.9 %

Non-designated 415 0.2 % 395 0.2 %

Non-rated2

10,069 5.4 % 9,295 4.8 %

Total investment grade

178,342 96.1 % 189,408 97.0 % Total investment grade 176,419 95.1 % 187,639 96.1 %

3 A-C 4,007 2.2 % 3,401 1.8 %

3,614 1.9 % 2,909 1.5 %

4 A-C 1,431 0.8 % 1,261 0.7 %

1,445 0.8 % 1,363 0.7 %

5 A-C 644 0.3 % 460 0.2 %

CCC

1,769 1.0 % 1,518 0.8 %

6 917 0.5 % 593 0.3 %

CC and lower

770 0.4 % 744 0.4 %

Non-designated 123 0.1 % 81 — %

Non-rated2

1,447 0.8 % 1,031 0.5 %

Total below investment grade

7,122 3.9 % 5,796 3.0 %

Total below investment grade

9,045 4.9 % 7,565 3.9 %

Total NAIC designated assets3

185,464 100.0 % 195,204 100.0 %

Total NRSRO designated assets3

185,464 100.0 % 195,204 100.0 %

Assets without NAIC designation

Assets without NRSRO designation

Commercial mortgage loans

CM1

4,091 12.9 % 3,979 10.2 %

CM1

4,091 12.9 % 3,979 10.2 %

CM2

21,476 67.6 % 27,097 69.6 %

CM2

21,476 67.6 % 27,097 69.6 %

CM3

5,592 17.6 % 7,216 18.5 %

CM3

5,592 17.6 % 7,216 18.5 %

CM4

293 0.9 % 473 1.2 %

CM4

293 0.9 % 473 1.2 %

CM5

258 0.8 % 101 0.3 %

CM5

258 0.8 % 101 0.3 %

CM6

53 0.1 % 48 0.1 %

CM6

53 0.1 % 48 0.1 %

CM7

26 0.1 % 16 0.1 %

CM7

26 0.1 % 16 0.1 %

Total CMLs

31,789 100.0 % 38,930 100.0 %

Total CMLs

31,789 100.0 % 38,930 100.0 %

Residential mortgage loans

In good standing

42,512 98.1 % 42,115 98.4 %

In good standing

42,512 98.1 % 42,115 98.4 %

90 days late

563 1.3 % 432 1.0 %

90 days late

563 1.3 % 432 1.0 %

In foreclosure

251 0.6 % 239 0.6 %

In foreclosure

251 0.6 % 239 0.6 %

Total RMLs

43,326 100.0 % 42,786 100.0 %

Total RMLs

43,326 100.0 % 42,786 100.0 %

Alternative investments

13,868 15,745

Alternative investments

13,868 15,745

Cash and cash equivalents 10,490 13,512 Cash and cash equivalents 10,490 13,512

Equity securities

2,039 1,797

Equity securities

2,039 1,797

Other4

5,438 6,116

Other4

5,438 6,116

Net invested assets

$ 292,414 $ 314,090

Net invested assets

$ 292,414 $ 314,090

1. Please refer to the Notes to the Financial Supplement section for discussion on net invested assets and the Non-GAAP Measure Reconciliations section for the reconciliation of total investments, including related parties, to net invested assets. 2. Securities denoted as non-rated by the NRSRO were classified as investment or non-investment grade according to the security’s respective NAIC designation. With respect to modeled LBaSS, the NAIC designation methodology differs in significant respects from the NRSRO ratings methodology. 3. NAIC and NRSRO designations include corporate securities, CLO, RMBS, CMBS, ABS, state, municipal, political subdivisions and foreign government securities, short-term investments and US government and agency securities. 4. Other includes investments in company owned life insurance, accrued investment income, policy loans and other net invested assets.

Credit Quality of Net Invested Assets - ABS and CLOs (Management view)

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026 December 31, 2025 June 30, 2026

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

CREDIT QUALITY OF ABS – NAIC DESIGNATION CREDIT QUALITY OF ABS – NRSRO DESIGNATION

1 A-G $ 22,882 59.6 % $ 26,741 60.6 % AAA/AA/A $ 22,696 59.1 % $ 25,967 58.8 %

2 A-C 14,603 38.0 % 16,490 37.3 % BBB 14,789 38.5 % 17,198 38.9 %

Non-designated — — % 34 0.1 %

Non-rated2

— — % — — %

Total investment grade 37,485 97.6 % 43,265 98.0 % Total investment grade 37,485 97.6 % 43,165 97.7 %

3 A-C 442 1.2 % 512 1.2 % BB 447 1.2 % 583 1.3 %

4 A-C 41 0.1 % 34 0.1 % B 36 0.1 % 30 0.1 %

5 A-C 124 0.3 % 66 0.1 % CCC 72 0.2 % 44 0.1 %

6 210 0.5 % 203 0.4 % CC and lower 204 0.5 % 203 0.5 %

Non-designated 115 0.3 % 75 0.2 %

Non-rated2

173 0.4 % 130 0.3 %

Total below investment grade 932 2.4 % 890 2.0 % Total below investment grade 932 2.4 % 990 2.3 %

ABS net invested assets $ 38,417 100.0 % $ 44,155 100.0 % ABS net invested assets $ 38,417 100.0 % $ 44,155 100.0 %

CREDIT QUALITY OF CLOs – NAIC DESIGNATION CREDIT QUALITY OF CLOs – NRSRO DESIGNATION

1 A-G $ 17,138 67.5 % $ 14,921 68.1 % AAA/AA/A $ 17,152 67.5 % $ 14,957 68.3 %

2 A-C 8,210 32.3 % 6,931 31.7 % BBB 8,196 32.3 % 6,895 31.5 %

Non-designated — — % — — %

Non-rated2

— — % — — %

Total investment grade 25,348 99.8 % 21,852 99.8 % Total investment grade 25,348 99.8 % 21,852 99.8 %

3 A-C 53 0.2 % 45 0.2 % BB 53 0.2 % 45 0.2 %

4 A-C — — % — — % B — — % — — %

5 A-C — — % — — % CCC — — % — — %

6 — — % — — % CC and lower — — % — — %

Non-designated — — % — — %

Non-rated2

— — % — — %

Total below investment grade 53 0.2 % 45 0.2 % Total below investment grade 53 0.2 % 45 0.2 %

CLO net invested assets $ 25,401 100.0 % $ 21,897 100.0 % CLO net invested assets $ 25,401 100.0 % $ 21,897 100.0 %

Credit Quality of Net Invested Assets - RMBS and CMBS (Management view)

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026 December 31, 2025 June 30, 2026

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

Invested Asset Value1

Percentage of Total

CREDIT QUALITY OF RMBS – NAIC DESIGNATION CREDIT QUALITY OF RMBS – NRSRO DESIGNATION

1 A-G $ 6,437 84.8 % $ 6,088 86.3 % AAA/AA/A $ 3,062 40.3 % $ 2,883 40.9 %

2 A-C 492 6.5 % 452 6.4 % BBB 828 10.9 % 747 10.6 %

Non-designated — — % — — %

Non-rated2

1,519 20.0 % 1,468 20.8 %

Total investment grade 6,929 91.3 % 6,540 92.7 % Total investment grade 5,409 71.2 % 5,098 72.3 %

3 A-C 244 3.2 % 213 3.0 % BB 37 0.5 % 34 0.5 %

4 A-C 104 1.4 % 88 1.2 % B 82 1.1 % 77 1.1 %

5 A-C 247 3.2 % 153 2.2 % CCC 1,343 17.7 % 1,217 17.2 %

6 59 0.8 % 55 0.8 % CC and lower 363 4.8 % 352 5.0 %

Non-designated 9 0.1 % 7 0.1 %

Non-rated2

358 4.7 % 278 3.9 %

Total below investment grade 663 8.7 % 516 7.3 % Total below investment grade 2,183 28.8 % 1,958 27.7 %

RMBS net invested assets $ 7,592 100.0 % $ 7,056 100.0 % RMBS net invested assets $ 7,592 100.0 % $ 7,056 100.0 %

CREDIT QUALITY OF CMBS – NAIC DESIGNATION CREDIT QUALITY OF CMBS – NRSRO DESIGNATION

1 A-G $ 8,139 82.4 % $ 7,866 83.5 % AAA/AA/A $ 7,358 74.5 % $ 7,165 76.1 %

2 A-C 1,090 11.0 % 1,022 10.9 % BBB 1,266 12.8 % 1,177 12.5 %

Non-designated — — % — — %

Non-rated2

274 2.8 % 271 2.9 %

Total investment grade 9,229 93.4 % 8,888 94.4 % Total investment grade 8,898 90.1 % 8,613 91.5 %

3 A-C 353 3.6 % 335 3.6 % BB 365 3.7 % 264 2.8 %

4 A-C 119 1.2 % 104 1.1 % B 216 2.2 % 246 2.6 %

5 A-C 66 0.7 % 40 0.4 % CCC 244 2.5 % 103 1.1 %

6 110 1.1 % 47 0.5 % CC and lower 154 1.5 % 188 2.0 %

Non-designated — — % — — %

Non-rated2

— — % — — %

Total below investment grade 648 6.6 % 526 5.6 % Total below investment grade 979 9.9 % 801 8.5 %

CMBS net invested assets $ 9,877 100.0 % $ 9,414 100.0 % CMBS net invested assets $ 9,877 100.0 % $ 9,414 100.0 %

Net Reserve Liabilities & Rollforwards

Unaudited (in millions, except percentages)

December 31, 2025 June 30, 2026

Dollars Percentage of Total Dollars Percentage of Total

NET RESERVE LIABILITIES

Indexed annuities $ 87,322 32.2 % $ 89,983 30.7 %

Fixed rate annuities

77,774 28.7 % 89,801 30.6 %

Total deferred annuities 165,096 60.9 % 179,784 61.3 %

Pension group annuities 25,088 9.2 % 23,953 8.2 %

Payout annuities

5,066 1.9 % 5,597 1.9 %

Funding agreements1

71,433 26.3 % 78,967 26.9 %

Life and other

4,550 1.7 % 4,997 1.7 %

Total net reserve liabilities $ 271,233 100.0 % $ 293,298 100.0 %

Quarterly Trends Δ Year-to-Date Δ

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 Q/Q Y/Y 2025 2026 Y/Y

NET RESERVE LIABILITY ROLLFORWARD

Net reserve liabilities – beginning $ 241,666 $ 254,572 $ 266,451 $ 271,233 $ 279,189 3 % 16 % $ 225,926 $ 271,233 20 %

Gross inflows2

21,533 23,379 13,318 19,869 22,135 11 % 3 % 47,363 42,004 (11) %

Acquisition and block reinsurance3

— — 1,340 — — NM NM — — NM

Inflows attributable to ACRA noncontrolling interests (5,091) (5,167) (3,723) (3,470) (4,419) 27 % (13) % (10,102) (7,889) (22) %

Inflows ceded to third-party reinsurers (367) (517) (370) (337) (572) 70 % 56 % (863) (909) 5 %

Net inflows 16,075 17,695 10,565 16,062 17,144 7 % 7 % 36,398 33,206 (9) %

Net withdrawals (5,813) (9,181) (7,714) (8,612) (7,608) (12) % 31 % (12,830) (16,220) 26 %

Other reserve changes

2,644 3,365 1,931 506 4,573 NM 73 % 5,078 5,079 — %

Net reserve liabilities – ending

$ 254,572 $ 266,451 $ 271,233 $ 279,189 $ 293,298 5 % 15 % $ 254,572 $ 293,298 15 %

ACRA NONCONTROLLING INTERESTS RESERVE LIABILITY ROLLFORWARD

Reserve liabilities – beginning $ 76,842 $ 81,809 $ 86,826 $ 89,725 $ 91,318 2 % 19 % $ 72,164 $ 89,725 24 %

Inflows 5,091 5,167 3,723 3,470 4,419 27 % (13) % 10,102 7,889 (22) %

Withdrawals

(1,417) (1,457) (1,554) (2,156) (2,533) 17 % 79 % (2,792) (4,689) 68 %

Other reserve changes

1,293 1,307 730 279 1,332 NM 3 % 2,335 1,611 (31) %

Reserve liabilities – ending

$ 81,809 $ 86,826 $ 89,725 $ 91,318 $ 94,536 4 % 16 % $ 81,809 $ 94,536 16 %

Note: Please refer to the Notes to the Financial Supplement section for discussion on net reserve liabilities and the Non-GAAP Measure Reconciliations section for the reconciliation of total liabilities to net reserve liabilities. Net reserve liabilities include our economic ownership of ACRA reserve liabilities but do not include the reserve liabilities associated with the noncontrolling interests. 1. Funding agreements represent funding agreements issued under our FABN program, secured and other funding agreements, which include our FABR program and direct funding agreements, funding agreements issued to the FHLB and long-term repurchase agreements. 2. Gross inflows equal inflows from our retail, flow reinsurance, institutional and other spread product channels, as well as inflows for life and products other than deferred annuities or our institutional products, renewal inflows, annuitizations and foreign currency translation adjustments, where applicable. Gross inflows include all inflows sourced by Athene, including all of the inflows reinsured to ACRA and third-party reinsurers. 3. Acquisition and block reinsurance transactions include the reserve liabilities acquired in our inorganic channel at inception. On October 1, 2025, we entered into an agreement with a Japanese counterparty to reinsure a small block of whole life insurance policies on a coinsurance basis. In conjunction with the transaction, we entered into an agreement with a leading mortality reinsurer to retrocede the mortality risk related to this block of business.

Deferred Annuity Liability Characteristics

Unaudited (in millions, except percentages)

Base surrender charge Percentage of total Surrender charge (net of MVA) Percentage of total

SURRENDER CHARGE PERCENTAGES ON DEFERRED ANNUITIES NET ACCOUNT VALUE

No Surrender Charge

$ 23,225 13.6 % $ 23,225 13.6 %

0.0% < 2.0%

8,072 4.7 % 2,539 1.5 %

2.0% < 4.0%

6,162 3.6 % 4,510 2.6 %

4.0% < 6.0%

21,378 12.5 % 22,364 13.1 %

6.0% or greater 112,000 65.6 % 118,199 69.2 %

$ 170,837 100.0 % $ 170,837 100.0 %

Base surrender charge MVA charge (benefit) Surrender charge (net of MVA)

Aggregate surrender charge protection

6.0 % 1.2 % 7.2 %

Deferred annuities Percentage of total Average base surrender charge

YEARS OF SURRENDER CHARGE REMAINING ON DEFERRED ANNUITIES NET ACCOUNT VALUE

No Surrender Charge

$ 23,225 13.6 % — %

Less than 2

37,551 22.0 % 5.5 %

2 to less than 4

49,439 28.9 % 6.4 %

4 to less than 6

30,025 17.6 % 7.7 %

6 to less than 8

15,732 9.2 % 7.6 %

8 to less than 10

12,582 7.4 % 9.6 %

10 or greater

2,283 1.3 % 13.6 %

$ 170,837 100.0 %

Defined Terms

•AAA - Apollo Aligned Alternatives Aggregator, L.P.

•AAA Lux - Apollo Aligned Alternatives Lux Aggregator, L.P.

•ABS - Asset-backed securities

•ACRA - Athene Co-Invest Reinsurance Affiliate Holding Ltd. (together with its subsidiaries, ACRA 1) and Athene Co-Invest Reinsurance Affiliate Holding 2 Ltd. (together with its subsidiaries, ACRA 2)

•ADIP - Apollo/Athene Dedicated Investment Program (ADIP I) and Apollo/Athene Dedicated Investment Program II (ADIP II)

•AFS - Available-for-sale

•AHL - Athene Holding Ltd.

•Bermuda CIT - Bermuda Corporate Income Tax Act 2023

•CLO - Collateralized loan obligation

•CMBS - Commercial mortgage-backed securities

•CML - Commercial mortgage loan

•FABN - Funding agreement backed notes

•FABR - Funding agreement backed repurchase agreement

•FHLB - Federal Home Loan Bank

•LBaSS - Loan-backed and structured securities

•MVA - Market value adjustment

•NAIC - National Association of Insurance Commissioners

•NRSRO - Nationally Recognized Statistical Rating Organization

•RMBS - Residential mortgage-backed securities

•RML - Residential mortgage loan

•ROA - Return on assets

•VIE - Variable interest entity

•VOE - Voting interest entity

Notes to the Financial Supplement

KEY OPERATING AND NON-GAAP MEASURES

In addition to our results presented in accordance with US GAAP, we present certain financial information that includes non-GAAP measures. Management believes the use of these non-GAAP measures, together with the relevant US GAAP measures, provides information that may enhance an investor’s understanding of our results of operations and the underlying profitability drivers of our business. The majority of these non-GAAP measures are intended to remove from the results of operations the impact of market volatility (other than with respect to alternative investments), which consists of investment gains (losses), net of offsets, and non-operating change in insurance liabilities and related derivatives, both defined below, as well as integration, restructuring, stock compensation and certain other items which are not part of our underlying profitability drivers, as such items fluctuate from period to period in a manner inconsistent with these drivers. These measures should be considered supplementary to our results in accordance with US GAAP and should not be viewed as a substitute for the corresponding US GAAP measures.

SPREAD RELATED EARNINGS AND NET SPREAD

Spread related earnings is a pre-tax non-GAAP measure used to evaluate our financial performance including the impact of any reinsurance transactions and excluding market volatility and expenses related to integration, restructuring and stock compensation as well as other one-time items. Our spread related earnings equals net income (loss) available to Athene Holding Ltd. common stockholder adjusted to eliminate the impact of the following:

•Investment Gains (Losses), Net of Offsets—Consists of the realized gains and losses on the sale of AFS securities and mortgage loans, the change in fair value of reinsurance assets, unrealized gains and losses, changes in the provision for credit losses and other investment gains and losses. Unrealized, allowances and other investment gains and losses primarily includes the fair value adjustments of trading securities and mortgage loans, other investments held under the fair value option, derivative gains and losses not hedging annuity index credits, foreign exchange impacts and the change in provision for credit losses recognized in operations net of the change in AmerUs Closed Block fair value reserve related to the corresponding change in fair value of investments. Investment gains and losses are net of offsets related to the MVAs associated with surrenders or terminations of contracts.

•Non-operating Change in Insurance Liabilities and Related Derivatives

•Change in Fair Values of Derivatives and Embedded Derivatives – Indexed Annuities—Consists of impacts related to the fair value accounting for derivatives hedging the index credits on indexed annuities and the related embedded derivative liability fluctuations from period to period. The index reserve is measured at fair value for the current period and all periods beyond the current policyholder index term. However, the indexed annuity hedging derivatives are purchased to hedge only the current index period. Upon policyholder renewal at the end of the index period, new indexed annuity hedging derivatives are purchased to align with the new term. The difference in duration between the indexed annuity hedging derivatives and the index credit reserves creates a timing difference in earnings. This timing difference of the indexed annuity hedging derivatives and index credit reserves is included as a non-operating adjustment. We primarily hedge with options that align with the index terms of our indexed annuity products (typically 1–2 years). On an economic basis, we believe this is suitable because policyholder accounts are credited with index performance at the end of each index term. However, because the term of an embedded derivative in an indexed annuity contract is longer-dated, there is a duration mismatch that may lead to mismatches for accounting purposes.

•Non-operating Change in Funding Agreements—Consists of timing differences caused by changes to interest rates on variable funding agreements and funding agreement backed notes and the associated reserve accretion patterns of those contracts. Further included are adjustments for gains associated with our early repurchases of funding agreements, when applicable.

•Change in Fair Value of Market Risk Benefits—Consists primarily of volatility in capital market inputs used in the measurement at fair value of our market risk benefits, including certain impacts from changes in interest rates, equity returns and implied equity volatilities.

•Non-operating Change in Liability for Future Policy Benefits—Consists of the non-economic loss incurred at issuance for certain pension group annuities and other payout annuities with life contingencies when valuation interest rates prescribed by US GAAP are lower than the net investment earned rates, adjusted for profit, assumed in pricing. For such contracts with non-economic US GAAP losses, the SRE reserve accretes interest using an imputed discount rate that produces zero gain or loss at issuance.

•Integration, Restructuring and Other Non-operating Items—Consists of restructuring and integration expenses related to acquisitions and block reinsurance costs, as well as certain other items, which are not predictable or related to our underlying profitability drivers.

•Stock Compensation Expense—Consists of stock compensation expenses associated with our share incentive plans, including long-term incentive expenses, which are not related to our underlying profitability drivers and fluctuate from time to time due to the structure of our plans.

•Income Tax Expense (Benefit)—Consists of the income tax effect of all income statement adjustments and is computed by applying the appropriate jurisdiction’s tax rate to all adjustments subject to income tax.

We consider these adjustments to be meaningful adjustments to net income (loss) available to Athene Holding Ltd. common stockholder for the reasons discussed in greater detail above. Accordingly, we believe using a measure that excludes the impact of these items is useful in analyzing our business performance and the trends in our results of operations. Together with net income (loss) available to Athene Holding Ltd. common stockholder, we believe spread related earnings provides a meaningful financial metric that helps investors understand our underlying results and profitability. Spread related earnings should not be used as a substitute for net income (loss) available to Athene Holding Ltd. common stockholder.

Net spread is a non-GAAP measure used to evaluate our financial performance and profitability. Net spread is computed using our spread related earnings divided by average net invested assets for the relevant period. To enhance the ability to analyze this measure across periods, interim periods are annualized. While we believe this metric is a meaningful financial metric and enhances our understanding of the underlying profitability drivers of our business, it should not be used as a substitute for ROA presented under US GAAP.

SRE, EXCLUDING NOTABLE ITEMS AND NET SPREAD, EXCLUDING NOTABLE ITEMS

Spread related earnings, excluding notable items and net spread, excluding notable items represent SRE and net spread with an adjustment to exclude notable items. Notable items include unusual variability such as actuarial experience, assumption updates and other insurance adjustments. We use these measures to assess the long-term performance of the business against projected earnings, by excluding items that are expected to be infrequent or not indicative of the ongoing operations of the business. We view these non-GAAP measures as additional measures that provide insight to management and investors on the historical, period-to-period comparability of our key non-GAAP operating measures.

Notes to the Financial Supplement, continued

NET INVESTMENT SPREAD

Net investment spread is a key measure of profitability used in analyzing the trends of our core business operations. Net investment spread measures our investment performance plus our strategic capital management fees, less our total cost of funds. Net investment earned rate is a key measure of our investment performance while cost of funds is a key measure of the cost of our policyholder and institutional liability obligations. Strategic capital management fees consist of management fees received by us for business managed for others.

•Net investment earned rate is a non-GAAP measure we use to evaluate the performance of our net invested assets. Net investment earned rate is computed as the income from our net invested assets divided by the average net invested assets, for the relevant period. To enhance the ability to analyze these measures across periods, interim periods are annualized. The primary adjustments to net investment income to arrive at our net investment earnings are (a) net VIE impacts (revenues, expenses and noncontrolling interests), (b) the change in fair value of reinsurance assets, (c) amortization of premium/discount on held-for-trading securities, (d) forward points gains and losses on foreign exchange derivative hedges, (e) an adjustment to the change in net asset value of our ADIP investments to recognize our proportionate share of spread related earnings based on our ownership in the investment funds and (f) the removal of the proportionate share of the ACRA net investment income associated with the noncontrolling interests. We include the income and assets supporting our change in fair value of reinsurance assets by evaluating the underlying investments of the funds withheld at interest receivables and we include the net investment income from those underlying investments which does not correspond to the US GAAP presentation of change in fair value of reinsurance assets. We exclude the income and assets on business related to ceded reinsurance transactions. We believe the adjustments for reinsurance provide a net investment earned rate on the assets for which we have economic exposure. We believe a measure like net investment earned rate is useful in analyzing the trends of our core business operations, profitability and pricing discipline. While we believe net investment earned rate is a meaningful financial metric and enhances our understanding of the underlying profitability drivers of our business, it should not be used as a substitute for net investment income presented under US GAAP.

•Cost of funds includes liability costs related to cost of crediting on deferred annuities and institutional products, as well as other liability costs, but does not include the proportionate share of the ACRA cost of funds associated with the noncontrolling interests. Cost of crediting on deferred annuities is the interest credited to the policyholders on our fixed strategies, as well as the option costs on the indexed annuity strategies. With respect to indexed annuities, the cost of providing index credits includes the expenses incurred to fund the annual index credits, and where applicable, minimum guaranteed interest credited. Cost of crediting on institutional products represents (1) pension group annuity costs, including interest credited, benefit payments and other reserve changes, net of premiums received when issued, (2) funding agreement costs, including interest expense and other reserve changes and (3) guaranteed investment contract costs, including interest expense. Additionally, cost of crediting includes forward points gains and losses on foreign exchange derivative hedges. Other liability costs include DAC, DSI and VOBA amortization, certain market risk benefit costs, the cost of liabilities on products other than deferred annuities and institutional products, premiums, product charges, excluding market value adjustments, and certain other revenues. We include the costs related to business added through assumed reinsurance transactions and exclude the costs on business related to ceded reinsurance transactions. Cost of funds is computed as the total liability costs divided by the average net invested assets for the relevant period. To enhance the ability to analyze these measures across periods, interim periods are annualized. We believe a measure like cost of funds is useful in analyzing the trends of our core business operations, profitability and pricing discipline. While we believe cost of funds is a meaningful financial metric and enhances our understanding of the underlying profitability drivers of our business, it should not be used as a substitute for total benefits and expenses presented under US GAAP.

NET INVESTMENT SPREAD, EXCLUDING NOTABLE ITEMS

Net investment spread, excluding notable items represents net investment spread with an adjustment to exclude notable items. Notable items include unusual variability such as actuarial experience, assumption updates and other insurance adjustments. We use this measure to assess the long-term performance of the business against projected earnings, by excluding items that are expected to be infrequent or not indicative of the ongoing operations of the business. We view this non-GAAP measure as an additional measure that provides insight to management and investors on the historical, period-to-period comparability of our key non-GAAP operating measures.

OTHER OPERATING EXPENSES

Other operating expenses excludes interest expense, policy acquisition expenses, net of deferrals, integration, restructuring and other non-operating items, stock compensation and long-term incentive plan expenses and the proportionate share of the ACRA operating expenses associated with the noncontrolling interests. We believe a measure like other operating expenses is useful in analyzing the trends of our core business operations and profitability. While we believe other operating expenses is a meaningful financial metric and enhances our understanding of the underlying profitability drivers of our business, it should not be used as a substitute for policy and other operating expenses presented under US GAAP.

ADJUSTED LEVERAGE RATIO

Adjusted leverage ratio is a non-GAAP measure used to evaluate our capital structure excluding the impacts of AOCI and the cumulative changes in fair value of funds withheld and modco reinsurance assets, as well as mortgage loan assets, net of tax. Adjusted leverage ratio is calculated as total debt at notional value adjusted to exclude 50 percent of the notional value of subordinated debt as an equity credit plus 50 percent of the notional value of our preferred stock divided by adjusted capitalization. Adjusted capitalization includes our adjusted Athene Holding Ltd. common stockholder’s equity and the notional value of our total debt and preferred stock. Adjusted Athene Holding Ltd. common stockholder’s equity is calculated as the ending Athene Holding Ltd. stockholders’ equity excluding AOCI, the cumulative changes in fair value of funds withheld and modco reinsurance assets and mortgage loan assets, as well as preferred stock. These adjustments fluctuate period-to-period in a manner inconsistent with our underlying profitability drivers as the majority of such fluctuation is related to the market volatility of the unrealized gains and losses associated with our AFS securities, reinsurance assets and mortgage loans. Except with respect to reinvestment activity relating to acquired blocks of business, we typically buy and hold investments to maturity throughout the duration of market fluctuations, therefore, the period-over-period impacts in unrealized gains and losses are not necessarily indicative of current operating fundamentals or future performance. Adjusted leverage ratio should not be used as a substitute for the leverage ratio. However, we believe the adjustments to stockholders’ equity and debt are significant to gaining an understanding of our capitalization, debt and preferred stock utilization and overall leverage capacity, because they provide insight into how rating agencies measure our capitalization, which is a consideration in how we manage our leverage capacity.

Notes to the Financial Supplement, continued

NET INVESTED ASSETS

In managing our business, we analyze net invested assets, which does not correspond to total investments, including investments in related parties, as disclosed in our condensed consolidated financial statements and notes thereto. Net invested assets represent the investments that directly back our net reserve liabilities, as well as surplus assets. Net invested assets is used in the computation of net investment earned rate, which allows us to analyze the profitability of our investment portfolio. Net invested assets include (a) total investments on the condensed consolidated balance sheets, with AFS securities, trading securities and mortgage loans at cost or amortized cost, excluding derivatives, (b) cash and cash equivalents and restricted cash, (c) investments in related parties, (d) accrued investment income, (e) VIE and VOE assets, liabilities and noncontrolling interest adjustments, (f) net investment payables and receivables, (g) policy loans ceded (which offset the direct policy loans in total investments) and (h) an adjustment for the allowance for credit losses. Net invested assets exclude the derivative collateral offsetting the related cash positions. We include the underlying investments supporting our assumed funds withheld and modco agreements and exclude the underlying investments related to ceded reinsurance transactions in our net invested assets calculation to match the assets with the income received. We believe the adjustments for reinsurance provide a view of the assets for which we have economic exposure. Net invested assets include our proportionate share of ACRA investments, based on our economic ownership, but do not include the proportionate share of investments associated with the noncontrolling interests. Our net invested assets are averaged over the number of quarters in the relevant period to compute our net investment earned rate for such period. While we believe net invested assets is a meaningful financial metric and enhances our understanding of the underlying drivers of our investment portfolio, it should not be used as a substitute for total investments, including related parties, presented under US GAAP.

NET RESERVE LIABILITIES

In managing our business, we also analyze net reserve liabilities, which does not correspond to total liabilities as disclosed in our condensed consolidated financial statements and notes thereto. Net reserve liabilities represent our policyholder and institutional liability obligations net of reinsurance and are used to analyze the costs of our liabilities. Net reserve liabilities include (a) interest sensitive contract liabilities, (b) future policy benefits, (c) net market risk benefits, (d) long-term repurchase obligations, (e) dividends payable to policyholders and (f) other policy claims and benefits, offset by reinsurance recoverable, excluding policy loans ceded. Net reserve liabilities include our proportionate share of ACRA reserve liabilities, based on our economic ownership, but do not include the proportionate share of reserve liabilities associated with the noncontrolling interests. Net reserve liabilities are net of the ceded liabilities to third-party reinsurers as the costs of the liabilities are passed to such reinsurers and, therefore, we have no net economic exposure to such liabilities, assuming our reinsurance counterparties perform under our agreements. For such transactions, US GAAP requires the ceded liabilities and related reinsurance recoverables to continue to be recorded in our condensed consolidated financial statements despite the transfer of economic risk to the counterparty in connection with the reinsurance transaction. We include the underlying liabilities assumed through modco reinsurance agreements in our net reserve liabilities calculation to match the liabilities with the expenses incurred. While we believe net reserve liabilities is a meaningful financial metric and enhances our understanding of the underlying profitability drivers of our business, it should not be used as a substitute for total liabilities presented under US GAAP.

SALES

Sales statistics do not correspond to revenues under US GAAP but are used as relevant measures to understand our business performance as it relates to inflows generated during a specific period of time. Our sales statistics include inflows for deferred and indexed annuities and align with the LIMRA definition of all money paid into an individual annuity, including money paid into new contracts with initial purchase occurring in the specified period and existing contracts with initial purchase occurring prior to the specified period (including internal transfers). We believe sales is a meaningful metric that enhances our understanding of our business performance and is not the same as premiums presented in our condensed consolidated statements of income (loss).

Non-GAAP Reconciliations

Unaudited (in millions, except percentages)

Quarterly Trends

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26

RECONCILIATION OF TOTAL ATHENE HOLDING LTD. STOCKHOLDERS’ EQUITY TO TOTAL ADJUSTED ATHENE HOLDING LTD. COMMON STOCKHOLDER’S EQUITY

Total Athene Holding Ltd. stockholders’ equity $ 18,148 $ 20,411 $ 20,492 $ 17,848 $ 18,556

Less: Preferred stock 2,470 2,470 2,470 2,470 2,470

Total Athene Holding Ltd. common stockholder’s equity 15,678 17,941 18,022 15,378 16,086

Less: Accumulated other comprehensive loss (3,688) (2,486) (2,641) (3,120) (3,213)

Less: Accumulated change in fair value of reinsurance assets (1,385) (1,272) (1,171) (1,183) (1,106)

Less: Accumulated change in fair value of mortgage loan assets (1,461) (1,225) (1,009) (1,274) (1,495)

Total adjusted Athene Holding Ltd. common stockholder’s equity1

$ 22,212 $ 22,924 $ 22,843 $ 20,955 $ 21,900

RECONCILIATION OF LEVERAGE RATIO TO ADJUSTED LEVERAGE RATIO

Total debt $ 7,864 $ 7,856 $ 7,848 $ 7,840 $ 7,832

Add: 50% of preferred stock 1,235 1,235 1,235 1,235 1,235

Less: 50% of subordinated debt 888 888 888 888 888

Less: Adjustment to arrive at notional 183 175 167 159 151

Adjusted leverage $ 8,028 $ 8,028 $ 8,028 $ 8,028 $ 8,028

Total debt $ 7,864 $ 7,856 $ 7,848 $ 7,840 $ 7,832

Total Athene Holding Ltd. stockholders’ equity 18,148 20,411 20,492 17,848 18,556

Total capitalization 26,012 28,267 28,340 25,688 26,388

Less: Accumulated other comprehensive loss (3,688) (2,486) (2,641) (3,120) (3,213)

Less: Accumulated change in fair value of reinsurance assets (1,385) (1,272) (1,171) (1,183) (1,106)

Less: Accumulated change in fair value of mortgage loan assets (1,461) (1,225) (1,009) (1,274) (1,495)

Less: Adjustment to arrive at notional 276 268 260 252 244

Total adjusted capitalization $ 32,270 $ 32,982 $ 32,901 $ 31,013 $ 31,958

Leverage ratio 39.7 % 36.5 % 36.4 % 40.1 % 39.0 %

Accumulated other comprehensive loss (4.4) % (2.7) % (2.9) % (3.9) % (3.9) %

Accumulated change in fair value of reinsurance assets (1.7) % (1.4) % (1.3) % (1.5) % (1.3) %

Accumulated change in fair value of mortgage loan assets (1.7) % (1.3) % (1.1) % (1.6) % (1.8) %

Adjustment to exclude 50% of preferred stock (3.8) % (3.8) % (3.7) % (4.0) % (3.8) %

Adjustment to exclude 50% of subordinated debt (2.8) % (2.7) % (2.7) % (2.9) % (2.8) %

Adjustment to arrive at notional (0.4) % (0.3) % (0.3) % (0.3) % (0.3) %

Adjusted leverage ratio1

24.9 % 24.3 % 24.4 % 25.9 % 25.1 %

1. The decrease in adjusted Athene Holding Ltd. common stockholder’s equity and resulting increase in adjusted leverage ratio in 1Q’26 was primarily driven by a one-time tax expense of $1.7 billion due to the revocation of ACRA’s election to be subject to Bermuda CIT as a result of updated guidance issued during the quarter, which led to the recognition of a full valuation allowance against the remaining Bermuda deferred tax assets established in 4Q’23 when Bermuda CIT was enacted.

Non-GAAP Reconciliations, continued

Unaudited (in millions, except percentages)

Quarterly Trends Year-to-Date

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 2025 2026

RECONCILIATION OF NET INCOME (LOSS) AVAILABLE TO ATHENE HOLDING LTD. COMMON STOCKHOLDER TO SPREAD RELATED EARNINGS, EXCLUDING NOTABLE ITEMS

Net income (loss) available to Athene Holding Ltd. common stockholder $ 503 $ 1,223 $ 488 $ (1,973) $ 953 $ 923 $ (1,020)

Less: Preferred stock redemption 84 — — — — 84 —

Add: Preferred stock dividends 45 36 35 35 36 90 71

Add: Net income attributable to noncontrolling interests 222 619 375 456 698 516 1,154

Net income (loss) 686 1,878 898 (1,482) 1,687 1,445 205

Income tax expense (benefit) (34) 266 479 1,673 217 141 1,890

Income before income taxes 652 2,144 1,377 191 1,904 1,586 2,095

Less: Total adjustments to income before income taxes (168) 1,272 512 (528) 1,027 (38) 499

Spread related earnings 820 872 865 719 877 1,624 1,596

Notable items — (25) — — — 22 —

Spread related earnings, excluding notable items $ 820 $ 847 $ 865 $ 719 $ 877 $ 1,646 $ 1,596

RECONCILIATION OF NET INVESTMENT INCOME TO NET INVESTMENT EARNINGS

US GAAP net investment income $ 4,429 $ 4,672 $ 4,755 $ 4,769 $ 4,988 $ 8,420 $ 9,757

Change in fair value of reinsurance assets (65) (75) (80) (94) (106) (128) (200)

VIE earnings and noncontrolling interests 382 412 402 285 436 816 721

Forward points adjustment on foreign exchange derivative hedges 26 33 30 28 19 50 47

Held-for-trading amortization (40) (66) (56) (57) (46) (69) (103)

Reinsurance impacts (39) (44) (34) (27) (30) (79) (57)

ACRA noncontrolling interests (1,159) (1,250) (1,258) (1,249) (1,311) (2,233) (2,560)

Other (35) 64 90 106 84 (47) 190

Total adjustments to arrive at net investment earnings

(930) (926) (906) (1,008) (954) (1,690) (1,962)

Total net investment earnings

$ 3,499 $ 3,746 $ 3,849 $ 3,761 $ 4,034 $ 6,730 $ 7,795

RECONCILIATION OF NET INVESTMENT INCOME RATE TO NET INVESTMENT EARNED RATE

US GAAP net investment income rate 6.59 % 6.66 % 6.57 % 6.44 % 6.50 % 6.43 % 6.46 %

Change in fair value of reinsurance assets (0.10) % (0.11) % (0.11) % (0.13) % (0.14) % (0.10) % (0.13) %

VIE earnings and noncontrolling interests 0.57 % 0.59 % 0.56 % 0.39 % 0.57 % 0.62 % 0.48 %

Forward points adjustment on foreign exchange derivative hedges 0.04 % 0.05 % 0.04 % 0.04 % 0.02 % 0.04 % 0.03 %

Held-for-trading amortization (0.06) % (0.10) % (0.08) % (0.08) % (0.06) % (0.05) % (0.07) %

Reinsurance impacts (0.06) % (0.06) % (0.05) % (0.04) % (0.04) % (0.06) % (0.04) %

ACRA noncontrolling interests (1.72) % (1.78) % (1.74) % (1.68) % (1.71) % (1.70) % (1.69) %

Other (0.05) % 0.09 % 0.13 % 0.14 % 0.11 % (0.04) % 0.12 %

Total adjustments to arrive at net investment earned rate

(1.38) % (1.32) % (1.25) % (1.36) % (1.25) % (1.29) % (1.30) %

Net investment earned rate 5.21 % 5.34 % 5.32 % 5.08 % 5.25 % 5.14 % 5.16 %

Average net invested assets $ 268,703 $ 280,607 $ 289,295 $ 296,352 $ 307,190 $ 262,017 $ 302,265

Non-GAAP Reconciliations, continued

Unaudited (in millions, except percentages)

Quarterly Trends Year-to-Date

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 2025 2026

RECONCILIATION OF BENEFITS AND EXPENSES TO COST OF FUNDS

US GAAP benefits and expenses $ 4,707 $ 5,854 $ 6,757 $ 3,477 $ 7,248 $ 7,959 $ 10,725

Premiums (107) (117) (2,277) (217) (170) (234) (387)

Product charges (274) (292) (306) (281) (299) (539) (580)

Other revenues (6) (6) (9) (4) (4) (10) (8)

Indexed annuity option costs 449 469 487 502 523 879 1,025

Reinsurance impacts (27) (27) (27) (22) (25) (57) (47)

Non-operating change in insurance liabilities and embedded derivatives (1,045) (1,685) (614) 399 (2,594) (1,092) (2,195)

Policy and other operating expenses, excluding policy acquisition expenses (441) (455) (496) (504) (483) (881) (987)

Forward points adjustment on foreign exchange derivative hedges 74 75 77 76 77 126 153

AmerUs Closed Block fair value liability (6) (20) 2 11 (4) (24) 7

ACRA noncontrolling interests (927) (1,220) (933) (704) (1,362) (1,583) (2,066)

Other 73 85 81 74 35 136 109

Total adjustments to arrive at cost of funds (2,237) (3,193) (4,015) (670) (4,306) (3,279) (4,976)

Total cost of funds $ 2,470 $ 2,661 $ 2,742 $ 2,807 $ 2,942 $ 4,680 $ 5,749

RECONCILIATION OF BENEFITS AND EXPENSES RATE TO COST OF FUNDS RATE

US GAAP benefits and expenses 7.01 % 8.34 % 9.34 % 4.69 % 9.44 % 6.08 % 7.10 %

Premiums (0.16) % (0.17) % (3.15) % (0.29) % (0.22) % (0.18) % (0.26) %

Product charges (0.41) % (0.41) % (0.42) % (0.38) % (0.39) % (0.41) % (0.38) %

Other revenues (0.01) % (0.01) % (0.01) % — % (0.01) % (0.01) % (0.01) %

Indexed annuity option costs 0.67 % 0.67 % 0.67 % 0.68 % 0.68 % 0.67 % 0.68 %

Reinsurance impacts (0.04) % (0.04) % (0.04) % (0.03) % (0.03) % (0.05) % (0.03) %

Non-operating change in insurance liabilities and embedded derivatives (1.56) % (2.40) % (0.85) % 0.54 % (3.38) % (0.83) % (1.45) %

Policy and other operating expenses, excluding policy acquisition expenses (0.65) % (0.65) % (0.68) % (0.68) % (0.63) % (0.67) % (0.65) %

Forward points adjustment on foreign exchange derivative hedges 0.11 % 0.11 % 0.11 % 0.10 % 0.10 % 0.10 % 0.10 %

AmerUs Closed Block fair value liability (0.01) % (0.03) % — % 0.01 % (0.01) % (0.02) % — %

ACRA noncontrolling interests (1.38) % (1.74) % (1.29) % (0.95) % (1.77) % (1.21) % (1.37) %

Other 0.11 % 0.12 % 0.11 % 0.10 % 0.05 % 0.10 % 0.07 %

Total adjustments to arrive at cost of funds (3.33) % (4.55) % (5.55) % (0.90) % (5.61) % (2.51) % (3.30) %

Total cost of funds 3.68 % 3.79 % 3.79 % 3.79 % 3.83 % 3.57 % 3.80 %

Average net invested assets $ 268,703 $ 280,607 $ 289,295 $ 296,352 $ 307,190 $ 262,017 $ 302,265

Non-GAAP Reconciliations, continued

Unaudited (in millions)

Quarterly Trends Year-to-Date

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26 2025 2026

RECONCILIATION OF POLICY AND OTHER OPERATING EXPENSES TO OTHER OPERATING EXPENSES

US GAAP policy and other operating expenses $ 571 $ 591 $ 627 $ 651 $ 614 $ 1,136 $ 1,265

Interest expense (178) (196) (228) (224) (216) (345) (440)

Policy acquisition expenses, net of deferrals (130) (136) (131) (147) (131) (255) (278)

Integration, restructuring and other non-operating items (31) (37) (23) (33) (41) (61) (74)

Stock compensation expenses (11) (13) (14) (10) (12) (22) (22)

ACRA noncontrolling interests (97) (84) (90) (104) (94) (197) (198)

Other (15) (17) (22) (15) (9) (31) (24)

Total adjustments to arrive at other operating expenses (462) (483) (508) (533) (503) (911) (1,036)

Other operating expenses $ 109 $ 108 $ 119 $ 118 $ 111 $ 225 $ 229

December 31, 2025 June 30, 2026

RECONCILIATION OF INVESTMENT FUNDS, INCLUDING RELATED PARTIES AND CONSOLIDATED VIES, TO NET ALTERNATIVE INVESTMENTS

Investment funds, including related parties and consolidated VIEs $ 26,327 $ 30,317

Investment funds within funds withheld at interest 859 840

Net assets of VIEs, excluding investment funds (9,098) (10,372)

Unrealized (gains) losses (49) 2

Investment in ADIP (231) (225)

Other assets (169) (166)

Total adjustments to arrive at gross alternative investments (8,688) (9,921)

Gross alternative investments 17,639 20,396

ACRA noncontrolling interests (3,771) (4,651)

Net alternative investments

$ 13,868 $ 15,745

Non-GAAP Reconciliations, continued

Unaudited (in millions)

Quarterly Trends

2Q’25 3Q’25 4Q’25 1Q’26 2Q’26

RECONCILIATION OF TOTAL INVESTMENTS, INCLUDING RELATED PARTIES, TO NET INVESTED ASSETS

Total investments, including related parties $ 329,976 $ 346,389 $ 356,457 $ 358,127 $ 377,369

Derivative assets (6,901) (8,884) (9,190) (8,352) (11,034)

Cash and cash equivalents (including restricted cash) 12,049 16,950 16,326 19,011 23,540

Accrued investment income 3,176 3,735 3,395 3,601 4,015

Net receivable (payable) for collateral on derivatives (1,682) (4,197) (3,458) (2,718) (5,010)

Reinsurance impacts (5,226) (5,904) (6,350) (6,078) (6,725)

VIE and VOE assets, liabilities and noncontrolling interests 18,066 18,808 19,023 19,360 19,825

Unrealized (gains) losses 12,202 9,860 10,002 13,230 13,476

Ceded policy loans (162) (161) (160) (156) (154)

Net investment receivables (payables) (49) (69) 217 120 (2,360)

Allowance for credit losses 774 788 763 748 709

Other investments (428) (135) (52) (59) (53)

Total adjustments to arrive at gross invested assets

31,819 30,791 30,516 38,707 36,229

Gross invested assets

361,795 377,180 386,973 396,834 413,598

ACRA noncontrolling interests (86,755) (91,006) (94,559) (96,544) (99,508)

Net invested assets

$ 275,040 $ 286,174 $ 292,414 $ 300,290 $ 314,090

RECONCILIATION OF TOTAL LIABILITIES TO NET RESERVE LIABILITIES

Total liabilities $ 376,105 $ 396,874 $ 406,567 $ 414,104 $ 438,074

Debt (7,864) (7,856) (7,848) (7,840) (7,832)

Derivative liabilities (4,889) (4,853) (5,742) (5,835) (6,241)

Payables for collateral on derivatives and short-term securities to repurchase (4,513) (6,319) (7,838) (5,285) (7,955)

Other liabilities (8,008) (9,619) (8,888) (9,404) (13,099)

Liabilities of consolidated VIEs (1,760) (1,700) (1,712) (2,131) (1,401)

Reinsurance impacts (12,251) (12,867) (13,209) (12,763) (13,390)

Ceded policy loans (162) (161) (160) (156) (154)

Market risk benefit asset (277) (222) (212) (183) (168)

Total adjustments to arrive at gross reserve liabilities (39,724) (43,597) (45,609) (43,597) (50,240)

Gross reserve liabilities 336,381 353,277 360,958 370,507 387,834

ACRA noncontrolling interests (81,809) (86,826) (89,725) (91,318) (94,536)

Net reserve liabilities

$ 254,572 $ 266,451 $ 271,233 $ 279,189 $ 293,298

GRAPHIC

Filename: ahl-20260810_g1.jpg · Sequence: 7

Binary file (156983 bytes)

Download ahl-20260810_g1.jpg

GRAPHIC

Filename: athene-logo_rgb.jpg · Sequence: 8

Binary file (156983 bytes)

Download athene-logo_rgb.jpg

GRAPHIC

Filename: image.jpg · Sequence: 9

Binary file (54097 bytes)

Download image.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 11

v3.26.1

Document and Entity Information Document and Entity Information

Aug. 10, 2026

Document Information [Line Items]

Entity Central Index Key

0001527469

Written Communications

false

Entity Incorporation, State or Country Code

Document Type

8-K

Document Period End Date

Aug. 10, 2026

Entity Registrant Name

ATHENE HOLDING LTD

Entity File Number

001-37963

Entity Tax Identification Number

98-0630022

Entity Address, Address Line One

7700 Mills Civic Pkwy

Entity Address, City or Town

West Des Moines

Entity Address, Postal Zip Code

50266

City Area Code

515

Local Phone Number

342-4678

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Amendment Flag

false

Entity Address, State or Province

Series A Preferred Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/1,000th interest in a 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A

Trading Symbol

ATHPrA

Security Exchange Name

NYSE

Series B Preferred Stock [Member]

Document Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/1,000th interest in a 5.625% Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series B

Trading Symbol

ATHPrB

Security Exchange Name

NYSE

Series D Preferred Stock

Document Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/1,000th interest in a 4.875% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series D

Trading Symbol

ATHPrD

Security Exchange Name

NYSE

Series E Preferred Stock

Document Information [Line Items]

Title of 12(b) Security

Depositary Shares, each representing a 1/1,000th interest in a 7.75% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series E

Trading Symbol

ATHPrE

Security Exchange Name

NYSE

Junior Subordinated Debt

Document Information [Line Items]

Title of 12(b) Security

7.250% Fixed-Rate Reset Junior Subordinated Debentures due 2064

Trading Symbol

ATHS

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesDPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_SeriesEPreferredStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=us-gaap_JuniorSubordinatedDebtMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: