TPG Results Presentation Deck

Pro Forma Non-GAAP Financial Measures Pro Forma Fee-Related Earnings increased 19% from $76 million in 4Q'20 to $91 million in 4Q'21, and increased 44% from $227 million in FY'20 to $326 million in FY'21 ■ ■ ■ Pro forma realized performance allocations, net increased by 32% in 4Q'21 over 4Q'20 and 401% in FY'21 over FY'20 Pro Forma After-Tax Distributable Earnings grew 34% from $102 million in 4Q'20 to $137 million in 4Q'21, and grew 131% from $232 million in FY'20 to $538 million in FY'21 ($ in thousands) Pro Forma Fee-Related Revenues Management Fees Transaction, monitoring and other fees, net Other Income Pro Forma Fee-Related Revenues Pro Forma Fee-Related Expenses Compensation and benefits, net Operating expenses, net Pro Forma Fee-Related Expenses Pro Forma Fee-Related Earnings Realized performance allocations, net Realized investment income and other, net Depreciation expense Interest expense, net Pro Forma Distributable Earnings Income taxes Pro Forma After-Tax Distributable Earnings 4Q'20 158,816 29,710 12,877 201,403 84,259 40,854 125,113 76,290 40,805 (1,701) (1,736) (5,051) 108,607 (6,398) 102,209 $ 4Q'21 201,876 24,666 11,824 238,366 111,554 35,827 147,381 90,985 53,665 8,167 (2,158) (4,681) 145,978 (8,599) 137,379 FY'20 623,658 49,455 54,339 727,452 327,548 173,338 500,886 226,566 40,817 5,036 (6,556) (18,835) 247,028 (14,552) 232,476 $ $ FY'21 718,364 102,041 53,957 874,362 381,135 167,114 548,249 326,113 204,664 66,720 (6,775) (18,919) 571,803 (33,684) 538,119 Note: Pro forma financial measures are on an adjusted basis, assuming the Reorganization and IPO occurred on January 1, 2020; see the Reconciliations and Disclosures section of this presentation for a full reconciliation and description of adjustments. TPG | 11

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