TPG Results Presentation Deck

FAUM Rollforward FAUM increased $2.9 billion in 2Q'22 and $14.9 billion in the last twelve months, an increase of 5% and 28%, respectively ■ ■ Increases in 2Q'22 were driven by fee earning capital raised in TREP IV in the Real Estate platform and Rise III in the Impact platform. Increases in the last twelve months were driven by fee earning capital raised in Rise Climate in the Impact platform and TREP IV in the Real Estate platform ($ in millions) FAUM Balance as of Beginning of Period Fee Earning Capital Raised(¹) Net Change in Actively Invested Capital (²) Reduction in Fee Base of Certain Funds (3) FAUM as of end of period ($ in millions) FAUM Balance as of Beginning of Period Fee Earning Capital Raised (1) Net Change in Actively Invested Capital (2) Reduction in Fee Base of Certain Funds (3) FAUM as of end of period $ Capital 25,483 35 25,518 Capital 28,639 187 (3,308) 25,518 $ Growth 10,672 Three Months Ended June 30, 2022 Real Estate 297 Growth 11,222 1,160 22 (482) 10,969 $ 11,922 $ 13,133 $ 8,538 1,826 605 $ 10,969 Impact Last Twelve Months Ended June 30, 2022 Real Estate $ Impact 10,744 2,296 93 4,449 8,198 (243) (482) 11,922 $ 5,676 6,588 869 $ - 13,133 Market Solutions $ 6,084 31 (529) 5,586 Market Solutions 4,948 281 357 5,586 Total 64,205 3,487 (82) (482) 67,128 Total 52,250 17,080 (1,720) (482) 67,128 1. Fee earning capital raised represents capital raised by our funds for which management fees calculated based on commitments were activated during the period. 2. Net change in actively invested capital includes capital invested during the period, net of return of capital distributions and changes in net asset value of hedge funds. t also includes adjustments related to funds with a fee structure based on the lower of cost or fair value. 3. Reduction in fee base represents decreases in the fee basis for funds where the investment or commitment fee period has expired, and the fee base has reduced from commitment base to actively invested capital. It also includes reductions for funds that are no longer fee paying. TPG | 20

View entire presentation