Carlyle Investor Conference Presentation Deck

We Are A Well Positioned Global Investment Management Firm ● ● ● ● ● Carlyle is a global leader in the growing private capital industry We are committed to delivering strong results for all of our stakeholders (including fund investors, shareholders, employees and our communities) Well positioned to manage through the impact of COVID-19 on our portfolio and we are positioned to invest in new opportunities as they emerge Fee Related Earnings have strengthened over the past few years and provides significant support to Distributable Earnings Currently have $1.2 billion of accrued performance revenues underpinning significant future net realized performance revenue growth Significant index inclusion expected over the near to mid term Note: Reflects management views as of May 25, 2020. Information provided as of March 31, 2020. 13

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