Investor Presentaiton

PRIVATE EQUITY ◉ Total AUM: Increased 22% to $283.3 billion with inflows of $14.5 billion in the quarter and $75.3 billion over the LTM. - Inflows in the quarter included $5.6 billion for the ninth Corporate Private Equity fund and $2.3 billion for the ninth Secondaries fund. Realizations: $5.3 billion in the quarter and $27.7 billion over the LTM; realizations in the quarter included proceeds from Aqua Finance, Sona Comstar, and FireEye. Capital Deployed: $7.6 billion in the quarter and $45.3 billion over the LTM, including Invenergy, Advarra, Inc., and Xpansiv during the quarter. ■ - Appreciation: Corporate Private Equity declined (0.3)% in the quarter and appreciated 0.4% over the LTM. Tactical Opportunities declined (1.7)% in the quarter and appreciated 8.5% over the LTM; Secondaries declined (3.5)% in the quarter and appreciated 18.6% over the LTM. % Change % Change ($ in thousands) 3Q'21 3Q'22 vs. 3Q'21 3Q'21 YTD 3Q'22 YTD vs. 3Q'21 YTD Management and Advisory Fees, Net $ Fee Related Performance Revenues Fee Related Compensation 420,334 $ 487,153 16% $ 1,220,059 $ 1,331,994 9% n/a (648) n/m (139,211) (142,381) 2% (416,575) (446,053) 7% Other Operating Expenses (56,792) (76,138) 34% (168,888) (227,115) 34% Fee Related Earnings $ 224,331 $ 268,634 20% $ 634,596 $ 658,178 4% Realized Performance Revenues 988,331 309,326 (69)% 1,627,186 882,448 (46)% Realized Performance Compensation Realized Principal Investment Income Net Realizations (417,386) (164,531) (61)% (687,970) (428,614) (38)% 77,570 38,015 (51)% 220,769 112,357 (49)% 648,515 182,810 (72)% 1,159,985 566,191 (51)% Segment Distributable Earnings $ 872,846 $ 451,444 (48)% $ 1,794,581 $ 1,224,369 (32)% Segment Revenues $ 1,486,235 $ 834,494 (44)% $ 3,068,014 $ 2,326,151 (24)% Total AUM $ 231,520,802 $283,267,698 22% $ 231,520,802 $283,267,698 22% Fee-Earning AUM $ 139,080,258 $167,273,324 20% $ 139,080,258 $167,273,324 20% Blackstone | 11

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