Carlyle Investor Day Presentation Deck

Private Credit Poised for Continued Growth PRIVATE CREDIT IS ONLY 20% OF PRIVATE EQUITY TODAY... INDUSTRY-WIDE ASSETS UNDER MANAGEMENT ($TN) $0.9 2020 Private Credit AUM Source: Preqin. There is no assurance that these trends will continue. INVESTOR DAY 2021 $4.4 2020 Private Equity AUM ...AND IS WHERE PRIVATE EQUITY WAS 20 YEARS AGO INDUSTRY-WIDE ASSETS UNDER MANAGEMENT ($TN) $0.9 2020 Private Credit AUM $0.9 2003 Private Equity AUM 10% CAGR $4.4 2020 Private Equity AUM 31

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