Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 38

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 38
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 the Board’s approval) and oversees the administration of The Carlyle Group Inc. Amended and Restated 2012 Equity Incentive Plan (the “Equity Incentive Plan”). As part of our year-end compensation process, following a review of overall firm, investment fund and/or department, and individual performance, our Chief Executive Officer makes recommendations to the Compensation Committee regarding the form and amount of compensation opportunities for our NEOs (other than with respect to his own compensation). The Compensation Committee takes these recommendations into account, in addition to the comparative market compensation data provided by Pay Governance, its independent compensation consultant, and its own review of overall firm, investment fund and/or department, and individual performance, to arrive at the compensation it approves (or recommends to the Board for approval). Compensation Consultant Pay Governance has been engaged by the Compensation Committee to serve as its independent compensation consultant. In 2024, Pay Governance provided comparative market compensation data in order to provide a general understanding of current compensation practices, information on best practices and trends, and modeling of various alternative compensation structures. Review of Reference Companies In 2024, Pay Governance provided the Compensation Committee with historical compensation data from the following companies as a reference point in connection with the Compensation Committee’s evaluation of the compensation of our named executive officers: • Apollo Global Management, Inc. • Ares Management Corporation • BlackRock Inc. • Blackstone Inc. • Blue Owl Capital Inc. • Brookfield Asset Management Ltd. • The Goldman Sachs Group Inc. • Jefferies Financial Group Inc. • KKR & Co. Inc. • Lazard Ltd. • Morgan Stanley • T. Rowe Price Group, Inc. • TPG Inc. During 2024, the Compensation Committee updated the companies used as a reference point in evaluating the compensation of our named executive officers (as reflected above) to take into account companies with businesses more similar to our own and to reflect where we see primary competition for business and talent. Given these areas of focus, our Compensation Committee placed a particular emphasis on the practices of Apollo Global Management, Inc., Ares Management Corporation, Blackstone Inc., Blue Owl Capital Inc., KKR & Co. Inc., and TPG Inc., in evaluating the compensation of our named executive officers.

| CARLYLE | Proxy Statement2025 | 37 |

| Compensation Matters |

Compensation Elements The primary elements of our compensation program for our named executive officers are generally base salary, annual performance bonuses, and long-term incentives, including the ownership of restricted stock units (“RSUs”). We