Company: CGABL
Filing Date: 2025-09-17
Form Type: 424B5
Source: 0001193125-25-206326
Chunk: 63

Company: Carlyle Group Inc.
Filing Date: 2025-09-17
Form: 424B5
Chunk 63
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the “Decree No. 58”) 
 and Article 34-ter, paragraph 1, letter b) of CONSOB Regulation No. 11971 of 14 May 1999, as amended (“Regulation No. 11971”); or                                                                 |

| (b) | in any other circumstances which are exempted from the rules on public offerings pursuant to Article 100 of the 
 Decree No. 58 and its implementing CONSOB regulations, including Regulation No. 11971.                          |

Any offer, sale or delivery of the notes or distribution of copies of this prospectus supplement, the accompanying prospectus, any pricing supplement or any other documents relating to the notes in Italy must be, in any event, conducted:

| (a) | either by a bank, investment firm or a financial intermediary permitted to conduct such activities in Italy in                                                                      
 accordance with Legislative Decree No. 385 of 1 September 1993, as amended (the “Banking Law”), Decree No. 58, Regulation No. 16190, and any other applicable laws and regulations; |

| (b) | in compliance with Article 129 of the Banking Law, and the implementing guidelines of the Bank of Italy, as                                  
 amended from time to time, pursuant to which the Bank of Italy may request information on the issue or the offer of securities in Italy; and |

| (c) | in compliance with any Italian securities, tax, exchange control and any other applicable laws, including any                               
 requirements or limitations which may be imposed, from time to time, by CONSOB, the Bank of Italy or any other Italian competent authority. |

Any investor purchasing the notes is solely responsible for ensuring that any offer or resale of the notes by such investor occurs in compliance with applicable laws and regulations. Japan The notes have not been and will not be registered under the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended), or the FIEA. The notes may not be offered or sold, directly or indirectly, in Japan or to or for the benefit of any resident of Japan (including any person resident in Japan or any corporation or other entity organized under the laws of Japan) or to others for reoffering or resale, directly or indirectly, in Japan or to or for the benefit of any resident of Japan, except pursuant to an exemption from the registration requirements of the FIEA and otherwise in compliance with any relevant laws and regulations of Japan