Carlyle Investor Day Presentation Deck

Accrued Performance Revenue Is at Record Levels $1,368 $646 2012-2017 Avg See Notes at end of document. PERFORMANCE REVENUES ($MN) INVESTOR DAY 2021 $1,681 $320 2018 Net Realized Performance Revenue $1,720 $164 $2,331 $246 2019 Net Accrued Performance Revenue (Balance) 2020 $2.3 Billion OF NET ACCRUED PERFORMANCE REVENUE POISED TO ACCELERATE DISTRIBUTABLE EARNINGS GROWTH 83

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