Carlyle Investor Day Presentation Deck

Impact Drives Earnings Growth INCREASING DIVERSITY IN THE BOARDROOM IS CORRELATED WITH AVERAGE EARNINGS GROWTH OF OUR PORTFOLIO COMPANIES, LEADING TO BETTER FUND PERFORMANCE. 12% GREATER EARNINGS GROWTH ON AVERAGE 30% BOARD DIVERSITY GOAL WITHIN 2 YEARS OF OWNERSHIP See "From Impact Investing to Investing with Impact," by Jason Thomas; Board Portfolio Company Diversity Metrics for controlled companies owned for 2+ years. INVESTOR DAY 2021 56% OF NEW BOARD MEMBERS WERE DIVERSE 213

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