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1、July 24,2025Seth P.Bernstein,President&Chief Executive OfficerTom Simeone,Chief Financial OfficerSecond Quarter 2025 Review2Q25 Earnings Review2Cautions Regarding Forward-Looking StatementsCertain statements provided by management in this presentation are“forward-looking statements”within the meanin

2、g of the Private Securities Litigation Reform Act of 1995.Such forward-looking statements are subject to risks,uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.The most significant of thes

3、e factors include,but are not limited to,the following:the performance of financial markets,the investment performance of sponsored investment products and separately-managed accounts,general economic conditions,industry trends,future acquisitions,integration of acquired companies,competitive condit

4、ions,and government regulations,including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed.We caution readers to carefully consider such factors.Further,these forward-looking statements speak only as of the date on which such stateme

5、nts are made;we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.For further information regarding these forward-looking statements and the factors that could cause actual results to differ,see“Risk Factors”and“Caut

6、ions Regarding Forward-Looking Statements”in ABs Form 10-K for the year ended December 31,2024 and subsequent forms 10-Q.Any or all of the forward-looking statements made in this presentation,Form 10-K,Forms 10-Q,other documents we file with or furnish to the SEC,and any other public statements we i