Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 41

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 41
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 committed to various Carlylestrategies, and positioned the insurance business for future growth throughengagement in strategic dialogue with global insurers.•Refocused and prioritized shareholder and limited partner relationships byparticipating in numerous shareholder meetings, limited partner meetings, andevents reaching wealth advisors.•Elevated Carlyle’s public profile with key stakeholders through media effortsacross various channels and multiple direct engagements with key financialreporters. |     | 200%              | 33.33%         |

| CARLYLE | Proxy Statement2025 | 41 |

| Compensation Matters |

| Target BonusWeight andBonus Objective | Performance Factors Considered                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                          | AchievementRating | WeightedPayout |
| Leadership/OrganizationalDesign       | •Continued to build senior leadership and governance structure at the corporate,segment, and function levels, enhanced succession planning for seniorleadership roles, and led a structured review process to identify key talent andpromote new leaders.•Restructured the firm’s operating model to enhance efficiency, accountability,and decision-making, incorporating new management reporting processes,strategic business reviews, and refinements to promotion and compensationprocesses to retain top talent.•Empowered senior leaders to build their leadership teams, focusing onpromoting high-performers and strategic hires.•Focused on improving private equity performance, including through targetedpromotions to lead such efforts.•Expanded employee engagement and internal communication throughquarterly global town halls, in-office gatherings, and speaker series withsenior leaders, facilitating better linkage and collaboration among employeesacross departments and geographies.                                                                                                          |                                          |              200% | 33.33%         |
| CompensationStrategy                  | •Oversaw the design and launch of the Stock Price Appreciation PSU AwardProgram to incentivize senior leaders best-positioned to drive growth with ourshareholders by tying the awards to stock price performance.•Developed the strategy around the expanded RSU Bonus Deferral Program,which strengthens the alignment of a broad group of employees with ourshareholders and the overall success of the firm through enhanced equityownership.•Significantly improved FRE margin (46% for 2024 up from 37% in 2023) andcash compensation ratio (36% for 2024 down from 45% in 2023) by running thebusiness more efficiently to drive growth and performance.•Encouraged and rewarded scaling capital markets activity and cross-firmcollaboration by enhancing the compensation structure for capital marketstransactions, contributing to more than $163 million