TPG Results Presentation Deck

Fee-Related Earnings 1Q'22 Fee-Related Earnings grew 38% over pro forma 1Q'21 Fee-Related Revenues increased 24% in 1Q'22 over pro forma 1Q'21, driven by management fee growth of 31% stemming from an increase in Fee Earning AUM of 26%, primarily in the Impact and Real Estate platforms ■ ■ ■ Fee-Related Expenses increased 16% between 1Q'22 and pro forma 1Q'21 primarily due to platform expansion Fee-Related Earnings margin increased from 34% in 1Q'21 to 38% in 1Q'22; pro forma 1Q'22 LTM Fee- Related Earnings margin was 38% Fee-Related Earnings. $34 $67 ■Actual ($M) $92 Pro Forma $237 $351 Management Fees by Platform (1) ($M) Capital Growth Impact Real Estate ■Market Solutions $767 $70 $81 $154 $12 $18 $16 $27 $81 +31% $203 $19 $28 $42 $34 $80 $132 $149 $335 1Q'21 1Q'22 1Q'22 LTM 1Q'21 1Q'22 1Q'22 LTM Note: Pro forma financial measures are on an adjusted basis, assuming the Reorganization and IPO occurred on January 1, 2020; see the Supplemental Details section of this presentation for a full reconciliation and description of adjustments. 1. There are no pro forma adjustments to management fees, and therefore the by-platform breakdown does not change between actual and pro forma figures. TPG | 9

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