<SEC-DOCUMENT>0001193125-18-138943.txt : 20180427
<SEC-HEADER>0001193125-18-138943.hdr.sgml : 20180427
<ACCEPTANCE-DATETIME>20180427161755
ACCESSION NUMBER:		0001193125-18-138943
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20180427
DATE AS OF CHANGE:		20180427
EFFECTIVENESS DATE:		20180427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Apollo Commercial Real Estate Finance, Inc.
		CENTRAL INDEX KEY:			0001467760
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				270467113
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34452
		FILM NUMBER:		18784127

	BUSINESS ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		(212) 515-3200

	MAIL ADDRESS:	
		STREET 1:		C/O APOLLO GLOBAL MANAGEMENT, LLC
		STREET 2:		9 WEST 57TH STREET, 43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>d575708ddefa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML><HEAD>
<TITLE>DEFA14A</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>United States </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="5"><B>Securities and Exchange Commission </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Washington, D.C. 20549
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SCHEDULE 14A </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><FONT STYLE="white-space:nowrap">(Rule&nbsp;14a-101)</FONT> </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INFORMATION
REQUIRED IN PROXY STATEMENT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SCHEDULE 14A INFORMATION </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Proxy Statement Pursuant to Section&nbsp;14(a) of the </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Securities Exchange Act of 1934 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(Amendment
No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ) </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Filed by the
Registrant&nbsp;&nbsp;&#9746;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Filed by a Party other than the
Registrant&nbsp;&nbsp;&#9744; </FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Check the appropriate box: </FONT></P>
<P STYLE="font-size:3px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="93%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Preliminary Proxy Statement</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Confidential, For Use of the Commission Only (as permitted by <FONT STYLE="white-space:nowrap">Rule&nbsp;14a-6(e)(2))</FONT></B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Definitive Proxy Statement</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9746;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Definitive Additional Materials</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Soliciting Material under <FONT STYLE="white-space:nowrap">&#167;240.14a-12</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>Apollo Commercial Real Estate Finance, Inc.</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="5" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(Name of Registrant as Specified In Its Charter)</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD COLSPAN="5" VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="5" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-family:Times New Roman" SIZE="2">Payment of Filing Fee (Check the appropriate box):</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9746;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">No fee required.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fee computed on table below per Exchange Act <FONT STYLE="white-space:nowrap">Rules&nbsp;14a-6(i)(1)</FONT> and
<FONT STYLE="white-space:nowrap">0-11.</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">1)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Title of each class of securities to which transaction applies:</FONT></P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">2)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Aggregate number of securities to which transaction applies:</FONT></P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">3)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Per unit price or other underlying value of transaction computed pursuant to Exchange Act
<FONT STYLE="white-space:nowrap">Rule&nbsp;0-11</FONT> (set forth the amount on which the filing fee is calculated and state how it was determined):</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">4)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Proposed maximum aggregate value of transaction:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">5)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Total fee paid:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fee paid previously with preliminary materials:</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#9744;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Check box if any part of the fee is offset as provided by Exchange Act <FONT STYLE="white-space:nowrap">Rule&nbsp;0-11(a)(2)</FONT> and identify the filing for which the
offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">1)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Amount previously paid:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">2)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form, Schedule or Registration Statement No.:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">3)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Filing Party:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">4)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date Filed:</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:1px">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:Times New Roman" ALIGN="center"><B>APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Important Notice Regarding the Availability of Proxy Materials for </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>the Annual Meeting of Stockholders to be held on June 7, 2018 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Offices of Clifford Chance US LLP, 31 West 52nd Street, New York, New York 10019 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="3%"></TD></TR>


<TR STYLE="font-size:1px; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; padding-left:8pt">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman"><B>This communication presents only an overview of the more complete proxy materials that are available to you on
the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting. </B></P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman"><B>The Proxy
Statement and Annual Report to Stockholders are available at www.viewproxy.com/apolloreit/2018 </B></P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman"><B>If you want to receive a paper or e-mail copy of
these documents, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy as instructed below on or before May 30, 2018 to facilitate timely delivery. </B></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman"><B>Important information regarding the Internet availability of the Company&#146;s proxy materials, instructions for accessing your proxy materials and voting
online and instructions for requesting paper or e-mail copies of your proxy materials are provided on the reverse side of this Notice.
</B></P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>STOCKHOLDERS ARE
CORDIALLY INVITED TO ATTEND THE ANNUAL MEETING AND VOTE IN PERSON. </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1.00pt;background-color:;;padding-top:2pt;padding-bottom:3pt">
<P STYLE="margin-top:0pt; margin-bottom:0pt; padding-top:3pt; margin-left:1%; font-size:10pt; font-family:Times New Roman">To the Stockholders of APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:1%; font-size:10pt; font-family:Times New Roman"><B>Notice is hereby given that the Annual Meeting of Stockholders of Apollo Commercial Real Estate Finance, Inc. will be held on June 7, 2018
at 9:00 a.m. Eastern Time at the Offices of Clifford Chance US LLP, 31 West 52nd Street, New York, New York 10019 for the following purposes: </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">Election of Directors. </TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">(01) Jeffrey M. Gault&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(02)&nbsp;Mark C. Biderman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (03)&nbsp;Robert A. Kasdin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (04)&nbsp;Eric L. Press </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">(05) Scott S. Prince &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(06)&nbsp;Stuart A. Rothstein
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(07)&nbsp;Michael E. Salvati &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(08)&nbsp;Cindy Z. Michel </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">Ratification of the appointment of Deloitte &amp; Touche LLP as Apollo Commercial Real Estate Finance, Inc.&#146;s independent registered public accounting firm for the 2018 fiscal year. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top">Approval, on an advisory basis, of the compensation of Apollo Commercial Real Estate Finance, Inc.&#146;s named executive officers, as more fully described in the 2018 Proxy Statement. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; padding-bottom:3pt; font-size:9pt; font-family:Times New Roman" ALIGN="center"><B>The Board of Directors recommends a vote &#147;FOR&#148; the election of all of the director nominees listed in Proposal
1 and &#147;FOR&#148; Proposals 2 and 3. </B></P></div> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman" ALIGN="center">The Securities and Exchange Commission rules permit us to make our proxy materials
available to our stockholders via the Internet. </P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>Material for
this annual meeting and future meetings may be requested by one of the following methods: </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="65%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top" ROWSPAN="4"> <P STYLE="margin-top:0pt;margin-bottom:0pt; text-indent:2.00em">


<IMG SRC="g5757081a.jpg" ALT="LOGO">
</P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt; text-indent:2.00em">


<IMG SRC="g5757082a.jpg" ALT="LOGO">
</P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:1pt; text-indent:2.00em">


<IMG SRC="g5757083a.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="4"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman">To view your proxy materials online, go to <U>www.viewproxy.com/apolloreit/2018/ </U>Have the 11 digit control number available
when you access the website and follow the instructions.</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">877-777-2857</FONT></FONT> &nbsp;&nbsp;&nbsp;&nbsp;TOLL FREE</B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman"><U>requests@viewproxy.com</U></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:Times New Roman">*&#8201;&#8201;If requesting material by e-mail, please send a blank e-mail with the company name and your 11 digit
control number (located below) in the subject line. No other requests, instructions or other inquiries should be included with your e-mail requesting material.</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>You must use the 11 digit control number located in the box below. </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="36%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CONTROL&nbsp;NO.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1px; font-family:Times New Roman; font-size:20pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-size:20pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Offices of Clifford Chance US LLP, 31 West 52nd Street, New York, New York 10019 </P>
<P STYLE="margin-top:48pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">The following proxy materials are available to you for review at: <U>www.viewproxy.com/apolloreit/2018/</U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:15%; font-size:12pt; font-family:Times New Roman">Proxy Statement </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:15%; font-size:12pt; font-family:Times New Roman">2017 Annual
Report to Stockholders </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><U>ACCESSING YOUR PROXY MATERIALS ONLINE </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Have this notice available when you request a paper copy of the proxy materials or to vote your proxy electronically. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">You must reference your control number to vote by Internet or request a paper copy of the proxy materials. </P>
<P STYLE="margin-top:48pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>You May Vote Your Proxy When You View The Materials On The Internet </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>You Will Be Asked To Follow The Prompts To Vote Your Shares </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Your electronic vote authorizes the named proxies to vote your shares in the same manner as if you marked, signed, dated and returned the proxy
card. </P> <P STYLE="margin-top:48pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><U>REQUESTING A PAPER COPY OF THE PROXY MATERIALS </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">By telephone please call <B>1-877-777-2857</B> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">or </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">By logging onto
<U>http://www.viewproxy.com/apolloreit/2018/</U> </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">or </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">By email at: <U>requests@viewproxy.com</U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">Please include the company name and your control number in the subject line. </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g5757081a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g5757081a.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  @%!@<&!0@'!@<)" @)#!,,# L+
M#!@1$@X3'!@='1L8&QH?(RPE'R$J(1H;)C0G*BXO,3(Q'B4V.C8P.BPP,3#_
MVP!# 0@)"0P*#!<,#!<P(!L@,# P,# P,# P,# P,# P,# P,# P,# P,# P
M,# P,# P,# P,# P,# P,# P,# P,##_P  1"  X ,P# 2(  A$! Q$!_\0
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M .AAO_\ O[5_XV_\E/UGZP_^B4KBJ .F_P"%A^+_ /H8;_\ [^T?\+#\7_\
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' %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g5757082a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g5757082a.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  @%!@<&!0@'!@<)" @)#!,,# L+
M#!@1$@X3'!@='1L8&QH?(RPE'R$J(1H;)C0G*BXO,3(Q'B4V.C8P.BPP,3#_
MVP!# 0@)"0P*#!<,#!<P(!L@,# P,# P,# P,# P,# P,# P,# P,# P,# P
M,# P,# P,# P,# P,# P,# P,# P,##_P  1"  V ,P# 2(  A$! Q$!_\0
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M.<XZ>_6O2/',/AF#Q!X;U?7]<GM9['2[:5+""S:1YPC.RXDSM4EN,'TZC.0
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M_P!"UH__ ( Q?_$T ?(-%?7W_"&>%O\ H6M'_P# &+_XFC_A#/"W_0M:/_X
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M8P@>-)"H]-S*6_6L:+7M4BL]2M%O':'52C7@<*[3%&+*2Q!(.2>AY[U]6_\
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MKM>=OGEDZ9RYYP2 <# ST K>HHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH *X+XT:%<>)M$TC2+.6**:YU-=KRDA1M@F8YP">BFBB@!
MO@?X3Z#X:*W%RHU74!@B:X0;$((.43D ].22>."*[^BB@ HHHH **** /__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g5757083a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g5757083a.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  @%!@<&!0@'!@<)" @)#!,,# L+
M#!@1$@X3'!@='1L8&QH?(RPE'R$J(1H;)C0G*BXO,3(Q'B4V.C8P.BPP,3#_
MVP!# 0@)"0P*#!<,#!<P(!L@,# P,# P,# P,# P,# P,# P,# P,# P,# P
M,# P,# P,# P,# P,# P,# P,# P,##_P  1"  V ,P# 2(  A$! Q$!_\0
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M_P"$^\)?]#%IO_@0M'_"?>$O^ABTW_P(6@#HZ*YS_A/O"7_0Q:;_ .!"T?\
M"?>$O^ABTW_P(6@#HZ*YS_A/O"7_ $,6F_\ @0M'_"?>$O\ H8M-_P# A: .
MCHKG/^$^\)?]#%IO_@0M'_"?>$O^ABTW_P "%H Z.BN<_P"$^\)?]#%IO_@0
MM'_"?>$O^ABTW_P(6@#HZY_XA:K=:'X-U+4]/95N;6-70LNX9W#@CTQQ3/\
MA/O"7_0Q:;_X$+7,_$[QCX<U'P%J]I8ZW8W%Q+" D<<RLS'<#P* *W@7XT:7
MK)CL_$*)I-X0?WQ?%N^ /XB<H>O!R./O9.*]11@ZAE.0>A%?$U=1X/\ B!X@
M\)$)IUWYEH#DVEQEXN_09RO))^4C)ZYH ^LJ*X7P3\5/#_B<1VSR_P!GZBP
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MP3C+ <X!_*@#.HHHH **** "BBB@ KO? _Q7UWPR8[:Z?^TM.! ,,Y)>-?\
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KASX?\)A9;.U%S?#DW=R \@//W>,)U(X R.N:ZT<"BB@ HHHH **** /_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
