Equitable Holdings, Inc. sold AB

Footnotes

Units Representing Assignments of Beneficial Ownership of Limited Partnership Interests ("AB Holding Units") in AllianceBernstein Holding L.P.; As previously disclosed by the Reporting Person ("EQH") on a Form 4 filed with the Securities and Exchange Commission on December 19, 2024, EQH and AllianceBernstein L.P. ("AB") entered into a Master Exchange Agreement (the "Exchange Agreement") providing for the issuance by AB of up to 10,000,000 units representing assignments of beneficial ownership of limited partnership interests in AB ("AB Units") to EQH and any of its wholly-owned subsidiaries in exchange for an equal number of AB Holding Units owned by EQH or any such subsidiary. At the time the Exchange Agreement was entered into, AB and EQH exchanged 5,211,194 AB Holding Units for AB Units (thereby reducing the 10,000,000 AB Units available for future exchange to 4,788,806 AB Units), and the acquired AB Holding Units were retired.; On July 10, 2025, AB entered into an Amended and Restated Exchange Agreement (the "Amended Exchange Agreement") to increase the AB Units that remain available for exchange from 4,788,806 AB Units to 19,682,946 AB Units. At the time the Amended Exchange Agreement was entered into, AB and EQH exchanged 19,682,946 AB Holding Units for AB Units and the acquired AB Holding Units were retired.; In addition to the AB Holding Units reported on this Form 4, the Reporting Person and its affiliates beneficially own AB Units as follows. As of July 10, 2025, EQH beneficially owned directly 81,445,154 AB Units; Alpha Units Holdings, Inc. beneficially owned 75,851,289 AB Units; and Alpha Units Holdings II, Inc. beneficially owned directly 41,934,582 AB Units. For more information on the Reporting Person and its affiliates' holdings of AB Units, see their separate Form 4 filings with respect to AB Units.