X0306 4 2020-05-01 0 0001527166 Carlyle Group Inc. CG 0001176400 HANCE JAMES H JR C/O THE CARLYLE GROUP INC. 1001 PENNSYLVANIA AVENUE NW WASHINGTON DC 20004 1 0 0 0 Common Stock 2020-05-01 4 A 0 5411 0.00 A 286390 D These securities are restricted stock unit awards granted under The Carlyle Group Inc. 2012 Amended & Restated Equity Incentive Plan. These securities will vest on May 1, 2021, subject to Mr. Hance's continued service to The Carlyle Group Inc. (or its affiliates) on such vesting date. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any of these interests, and disclaims beneficial ownership of such interests, except to the extent of the Reporting Person's pecuniary interest in such interests. Jeffrey W. Ferguson, by power of attorney for James H. Hance, Jr. 2020-05-05