Company: CGABL
Filing Date: 2025-07-29
Form Type: 40-6B/A
Source: 0001193125-25-168066
Chunk: 11

Company: Carlyle Group Inc.
Filing Date: 2025-07-29
Form: 40-6B/A
Chunk 11
---
 Partner, and, in any event, no person or entity will be admitted into the Fund as an Investor unless such person is (i) an Eligible Employee, (ii) a Qualified Participant or (iii) Carlyle. Consequently, the limitations on the transferability of Interests in the Fund ensure that the community of interest among the participants will continue through the life of the Fund.

| 6 | For purposes of this Application, if applicable, a Fund will be deemed to be formed with respect to each                                                                                                      
 deferred compensation plan and each reference to “Fund,” “capital contribution,” “General Partner,” “Investor” and “Interest” in this Application will be deemed to refer to the deferred compensation        
 plan, the notional capital contribution to the deferred compensation plan, Carlyle, a participant of the deferred compensation plan and participation rights in the deferred compensation plan, respectively. |

| 7 | In no case will a loan to a prospective Investor be extended or arranged if prohibited by law, including the                                                                                                  
 Sarbanes-Oxley Act of 2002. If Carlyle extends a loan to an Investor, the loan will be made at an interest rate no less favorable to the Investor than that which could be obtained on an arm’s length basis. |

5

The governing documents of a Fund will describe the consequences, if any, for an Investor’s Interests in the event of termination of the Eligible Employee’s employment or role as a Consultant with Carlyle, whether for cause or not, or upon his or her bankruptcy, voluntary resignation, death, permanent disability, retirement or otherwise, such as whether Carlyle will be required to or will have the option to acquire all or part of the Eligible Employee’s Interest. If Carlyle acquires an Eligible Employee’s Interests as a consequence of such a circumstance, such Eligible Employee would receive the amount set forth in the governing documents. Once a Consultant’s ongoing relationship with Carlyle is terminated: (i) such Consultant and its Qualified Participants, if any, will not be permitted to purchase any additional Interests or contribute any additional capital to a Fund except as described in the governing documents; and (ii) the existing Interests of such Consultant and its Qualified Participants, if any, as of the date of such termination will (A) to the extent the governing documents of a Fund provide for periodic redemptions in the ordinary course, be redeemed as of the next regularly scheduled redemption date and (B) to the extent the governing documents of a