Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 74

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 74
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 (but not in any additional PSUs, because the performance targets for the remaining three unvested tranches of the Sign-On PSU Award were not achieved in the 45-trading day period following December 31, 2024 ), and Mr. Schwartz would remain eligible to vest in up to 1,171,893 PSUs underlying the Sign-On PSU Award (which is 23/60 of the 3,057,113 PSUs underlying the Sign-On PSU Award outstanding as of December 31, 2024 , after taking into account the 1,019,040 PSUs underlying the second tranche of the Sign-On PSU Award that would vest in connection with such termination), with an aggregate value (as of December 31, 2024 ) of $59,168,878 if the applicable performance conditions are satisfied during the performance period ending January 31, 2028. If there is a Change in Control involving the acquisition of 50% or more of the total voting power of our shares of common stock, including by way of merger, consolidation or otherwise, while any portion of the Sign-On PSU Award remains outstanding and unvested, the corresponding stock price hurdle achievement associated with any unvested tranche of the Sign-On PSU Award will be measured as of the second to last trading day immediately preceding the date on which such Change in Control occurs, and if such stock price achievement is between two hurdles, the hurdle associated with the higher stock price will be deemed achieved in part based on linear interpolation between the two stock price hurdles. In addition, the achievement of the relative TSR goal for any such tranche (to the extent applicable) will be measured as of the date of first public announcement of the Change in Control transaction. Any tranche that becomes earned upon a Change in Control pursuant to the foregoing will remain outstanding and subject to satisfaction of the associated service-based vesting condition. Had there been such a Change in Control transaction on December 31, 2024 , the last trading day of 2024 , none of the PSUs underlying the previously unearned portion of the Sign-On PSU Award would have been deemed earned, because the performance condition for the second tranche of the Sign-On PSU Award had already been achieved, and our closing price on

| 62 | CARLYLE | Proxy Statement2025 |

| Compensation Matters |

December 27, 2024, the second to last trading day immediately preceding December 31, 2024, was $50.87, which is between