TPG Results Presentation Deck

Non-GAAP Financial Measures Fee-Related Earnings decreased 7% from $53 million in 4Q'20 to $49 million in 4Q'21, and increased 76% from $101 million in FY'20 to $179 million in FY'21 ■ ■ ■ Realized performance allocations, net grew on both a quarter and full-year basis, increasing by 27% in 4Q'21 over 4Q'20 and 219% in FY'21 over FY'20 After-Tax Distributable Earnings saw 25% growth from $246 million in 4Q'20 to $307 million in 4Q'21, and 181% growth from $441 million in FY'20 to $1.24 billion in FY'21 ($ in thousands) Fee-Related Revenues Management Fees Transaction, monitoring and other fees, net Other Income Fee-Related Revenues Fee-Related Expenses Compensation and benefits, net Operating expenses, net Fee-Related Expenses Fee-Related Earnings Realized performance allocations, net Realized investment income and other, net Depreciation expense Interest expense, net Distributable Earnings Income taxes After-Tax Distributable Earnings 4Q'20 158,816 29,710 10,630 199,156 105,767 40,854 146,621 52,535 197,287 6,282 (1,736) (4,052) 250,316 (3,920) 246,396 See the Reconciliations and Disclosures section of this presentation for a full reconciliation between GAAP and Non-GAAP Financial Measures. $ 4Q'21 201,876 24,666 12,582 239,124 154,474 35,827 190,301 48,823 251,158 15,972 (2,158) (3,683) 310,112 (2,909) 307,203 FY'20 623,658 49,455 42,920 716,033 441,245 173,338 614,583 101,450 313,490 57,231 (6,556) (14,843) 450,772 (9,305) 441,467 $ $ FY'21 718,364 102,041 46,673 867,078 521,413 167,114 688,527 178,551 999,603 92,720 (6,775) (14,928) 1,249,171 (9,308) 1,239,863 TPG | 10

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