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Investor Presentaiton

SHAREHOLDER DIVIDENDS Generated $1.49 of Distributable Earnings per common share during the quarter, bringing the YTD amount to $3.04 per common share. Blackstone declared a quarterly dividend of $1.27 per common share to record holders as of August 1, 2022; payable on August 8, 2022. 2Q'21 120,336 1,190,329 ($ in thousands, except per share data) Distributable Earnings Add: Other Payables Attributable to Common Shareholders DE before Certain Payables $ 1,069,993 $ 1,635,273 $ 2,273,327 $ 1,937,880 $1,985,825 3Q'21 4Q'21 1Q'22 2Q'22 % Change vs. 2Q'21 % Change 2Q'21 YTD 86% 2Q'22 YTD $ 2,262,237 $ 3,923,705 vs. 2Q'21 YTD 73% 133,841 352,514 115,166 298,570 148% 181,585 413,736 128% 1,769,114 2,625,841 2,053,046 2,284,395 92% 2,443,822 4,337,441 77% Percent to Common Shareholders 60% 60% 61% 61% 61% 59% 61% DE before Certain Payables Attributable to Common Shareholders 710,081 1,059,142 1,601,199 1,254,703 1,402,640 98% 1,451,743 2,657,343 83% Less: Other Payables Attributable to (120,336) (133,841) (352,514) (115,166) (298,570) 148% (181,585) (413,736) 128% Common Shareholders DE Attributable to Common Shareholders 589,745 925,301 1,248,685 1,139,537 1,104,070 87% 1,270,158 2,243,607 77% DE per Common Share 0.82 $ 1.28 $ 1.71 $ 1.55 $ 1.49 82% $ 1.78 $ 3.04 71% Less: Retained Capital per Common Share $ (0.12) $ (0.19) $ (0.26) $ (0.23) $ (0.22) 83% $ (0.26) $ (0.45) 73% Actual Dividend per Common Share $ 0.70 $ 1.09 $ 1.45 $ 1.32 $ 1.27 81% $ 1.52 $ 2.59 70% Record Date Aug 1, 2022 Payable Date Aug 8, 2022 A detailed description of Blackstone's dividend policy and the definition of Distributable Earnings can be found on pages 34-36, Definitions and Dividend Policy. See additional notes on page 33. Blackstone | 22
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