Company: CGABL
Filing Date: 2025-09-17
Form Type: 424B5
Source: 0001193125-25-206326
Chunk: 95

Company: Carlyle Group Inc.
Filing Date: 2025-09-17
Form: 424B5
Chunk 95
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) | DTC notifies us that it is unwilling or unable to continue as depository for such global securities or if DTC 
 ceases to be registered under the Exchange Act and we do not appoint a successor depository within 90 days;   |

| (2) | we determine in our discretion that such global securities will be exchangeable for certificated securities in 
 registered form; or                                                                                            |

| (3) | if applicable to the particular type of security, there shall have occurred and be continuing an event of 
 default.                                                                                                  |

These certificated securities will be registered in the name or names as DTC instructs. It is expected that those instructions may be based upon directions received by DTC from participants with respect to ownership of beneficial interests in global securities. The information in this section of this prospectus concerning DTC and DTC’s book-entry system has been obtained from sources that we believe to be reliable. 24

Euroclear and Clearstream

If the depositary for a global security is DTC, you may hold interests in the global security through Clearstream Banking,
société anonyme, which we refer to as “Clearstream,” or Euroclear Bank SA/ NV, as operator of the Euroclear System, which we refer to as “Euroclear,” in each case, as a participant in DTC. Euroclear and
Clearstream will hold interests, in each case, on behalf of their participants through customers’ securities accounts in the names of Euroclear and Clearstream on the books of their respective depositaries, which in turn will hold those
interests in customers’ securities in the depositaries’ names on DTC’s books.

Payments, deliveries, transfers,
exchanges, notices and other matters relating to the securities made through Euroclear or Clearstream must comply with the rules and procedures of those systems. Those systems could change their rules and procedures at any time. We have no control
over those systems or their participants, and we take no responsibility for their activities. Transactions between participants in Euroclear or Clearstream, on one hand, and other participants in DTC, on the other hand, would also be subject to
DTC’s rules and procedures.

Investors will be able to make and receive through Euroclear and Clearstream payments, deliveries,
transfers, exchanges, notices and other transactions involving any securities held through those systems only on days when those systems are open for business. Those systems may not be open for business on days when banks, brokers and other