X0306 4 2020-02-01 0 0001527166 Carlyle Group Inc. CG 0001610089 Bentley Pamela L 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004 0 1 0 0 Chief Accounting Officer Common Stock 2020-02-01 4 A 0 3662 0.00 A 60492 D On January 1, 2020, The Carlyle Group L.P., a Delaware limited partnership, converted into a Delaware corporation named The Carlyle Group Inc. (the "Conversion"). As a result of such conversion, each common unit of limited partner interest of The Carlyle Group L.P. converted into a share of common stock of The Carlyle Group Inc. These securities are restricted stock unit awards. These securities will vest 40% on August 1, 2021, an additional 30% on August 1, 2022 and the remaining 30% on August 1, 2023, subject to the reporting person's continued service at the company on the applicable 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 such reporting person is the beneficial owner of any of these interests, and disclaims beneficial ownership of such interests, except to the extent of such reporting person's pecuniary interest in such interests. Jeffrey W. Ferguson by power of attorney for Pamela L. Bentley 2020-02-04