X0306 4 2021-10-08 0001404912 KKR & Co. Inc. KKR 0001208917 BAE JOSEPH Y C/O KKR & CO. INC. 30 HUDSON YARDS NEW YORK NY 10001 true true Co-Chief Executive Officer KKR Holdings L.P. Units 2021-10-08 4 J 0 1150000 0 A Common Stock 1150000 4077500 D KKR Holdings L.P. Units Common Stock 9699319 9699319 I See footnote KKR Holdings L.P. Units Common Stock 370578 370578 I By Trust Pursuant to an exchange agreement as disclosed in KKR & Co. Inc.'s prospectus dated September 21, 2011, filed with the Securities and Exchange Commission ("SEC") on September 23, 2011, as amended by a post-effective amendment filed with the SEC on July 2, 2018, units of KKR Holdings L.P. are exchangeable for KKR Group Partnership Units (which term refers to Class A partner interests in KKR Group Partnership L.P.) along with shares of Series II preferred stock of KKR & Co. Inc. on a one-for-one basis, and KKR Group Partnership Units and shares of Series II preferred stock are exchangeable for shares of common stock of KKR & Co. Inc. on a one-for-one basis. Following a consent of the board of directors of KKR & Co. Inc. to the allocation of units of KKR Holdings L.P. to the Reporting Person, units of KKR Holdings L.P. were granted to the Reporting Person on October 8, 2021. Of these units, 70% are vested and the remaining 30% will vest on October 1, 2022, subject to the Reporting Person's continued service through the vesting date. This grant does not change the number of shares of common stock of KKR & Co. Inc. on a fully-diluted basis. These securities are held by a limited partnership, whose general partner is a limited liability company over which the Reporting Person has investment discretion. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly owned, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein. /s/ Christopher Lee, Attorney-in-fact 2021-10-12