Athene Holding Ltd. Names Guy H. Smith III as Interim Chief Financial Officer

PEMBROKE, Bermuda--(BUSINESS WIRE)-- Athene Holding Ltd. (“Athene Holding,” together with its subsidiaries, “Athene” or the “Company”) announced today that the Company has named Guy H. Smith III (Chip) as Interim Chief Financial Officer of Athene, effective August 14, 2015. Mr. Smith will assume these responsibilities as a result of current CFO Brenda Cushing’s decision to pursue other personal and professional opportunities. As previously announced on May 4, 2015, Ms. Cushing will be leaving the company on August 14 and provided a three-month notice to assist in the transition.

Mr. Smith is a key member of Athene’s management team and currently serves as President of Athene USA. In this role, he oversees many of the Company’s operations and previously served as Chief Financial Officer, Treasurer and President and CEO of Liberty Life Insurance before it was acquired by Athene. He received a Bachelor of Science in Business Administration with a concentration in accounting from Erskine College in South Carolina. He is a Certified Public Accountant and a Fellow of the Life Management Institute. Mr. Smith will serve as Interim Chief Financial Officer while Athene continues to conduct a search for Ms. Cushing’s replacement. He will report to Grant Kvalheim, President of Athene Holding.

Mr. Kvalheim said: “We expect recruiting for senior level positions to take some time given the nature and stature of the role. We are pleased that Chip will be assuming the role of Chief Financial Officer on an interim basis. We believe Chip’s finance background as Liberty Life’s CFO and Treasurer are instrumental to our Company as we continue to develop and grow our business.”

About Athene Holding Ltd.

Athene Holding, through its subsidiaries, is a leading provider of products in the retirement savings market. Athene’s principal subsidiaries include Athene Annuity & Life Assurance Company and Athene Life Insurance Company, Delaware-domiciled insurance companies, Athene Annuity and Life Company, an Iowa-domiciled insurance company, Athene Annuity & Life Assurance Company of New York and Athene Life Insurance Company of New York, New York-domiciled insurance companies, and Athene Life Re Ltd., a Bermuda-domiciled reinsurer.

Athene Holding provides investment solutions, including tax-efficient savings products, to support retirees as well as those saving for retirement. The products offered by Athene include:

• Retail fixed and indexed annuity products
• Institutional products, such as funding agreements
• Co-insurance and reinsurance arrangements with third-party annuity providers

Further information about our companies can be found at www.athene.bm.

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Athene Companies (U.S. operations)

Karen Lynn, 515-342-3910

KLynn@athene.com

or

Amanda Steward, 515-342-6403

ASteward@athene.com

or

Athene Holding Ltd. or Athene Life Re Ltd. (Bermuda)

Tab Shanafelt, 441-279-8414

enquiries@athene.bm

Source: Athene Holding Ltd.