Carlyle Investor Conference Presentation Deck

Carlyle Entered 2020 With Good Momentum And in a Position of Strength Focused on Growing Fee Related Earnings Fee-earning AUM Sticky & Long Term Substantial Dry Powder To Address Opportunity Well Positioned For Future Performance Revenue Global Credit Business Well Positioned Note: Data as of March 31, 2020.. $453 million in 2019, more than double 2017 (margin up to 28% from 17% in 2017) 98% of FEAUM in long term, locked up fee structures $74 billion of available capital $1.2 billion in net accrued carry as of Q1 2020 $49 billion of Global Credit AUM (+18% CAGR over past 3 years) 5

View entire presentation