TPG Results Presentation Deck

After-Tax DE and Dividends Per Class A Common Stock After-tax DE attributable to TPG Inc. of $0.46 per share for 2Q'22, and $0.98 per share for 2Q'22 YTD Declared dividend of $0.39 per share for 2Q'22 on August 9, 2022, with a record date of August 19, 2022 and payable date of September 2, 2022; dividends total $0.83 per share on a year-to-date basis ■ ■ ($ in thousands, except share and per share amounts) Share Reconciliation Class A common stock from IPO Vested restricted stock units Class A common stock outstanding ($ in thousands, except share and per share amounts) After-Tax Distributable Earnings attributable to TPG Inc. Class A common stockholders Pre-Tax Distributable Earnings Less: subsidiary-level income taxes (1) Distributable Earnings before corporate income taxes Percent to TPG Inc. TPG Inc. Distributable Earnings before corporate income taxes Less: corporate income taxes attributable to TPG Inc. (¹) TPG Inc. After-tax Distributable Earnings Class A common stock outstanding TPG Inc. After-tax Distributable Earnings per Class A common stock Target dividend policy Dividend per Class A common stock Note: TPG Inc. effective DE corporate income tax rate(²) 1. Total income taxes consist of subsidiary-level income taxes at the TPG Operating Group level and corporate income taxes borne by TPG Inc. ($ in thousands) 1Q'22 2Q'22 Subsidiary-level income taxes Corporate income taxes Total income taxes $ 2,842 $ 13,591 16,433 $ 3,193 6,638 9,831 SA 1Q'22 79,070,565 79,070,565 1Q'22 215,466 $ (2,842) 212,624 26% 54,457 (13,591) 40,866 79,070,565 0.52 85% 0.44 $ 25% 2Q'22 79,070,565 169,493 79,240,058 2Q'22 171,698 (3,193) 168,505 26% 43,227 (6,638) 36,589 79,240,058 0.46 85% 0.39 15% $ 2. TPG Inc.'s non-GAAP effective tax rate was approximately 15% for the three month period ending June 30, 2022. This rate differed from TPG Inc.'s marginal tax rate of 23% primarily due to the tax treatment of certain IPO costs, and also items that will continue to impact our rate in the future such as tax benefits from our tax receivable program and settlement of restricted stock units ("RSUS"), among other activities arising in our normal course of business. TPG | 25

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