Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 95

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 95
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 outstanding common stock. In addition, each co-founder has the right to designate a second director to our Board until the earlier of (x) such time as the co-founder and/or his Founder Group ceases to beneficially own at least 20 million shares of common stock and (y) January 1, 2027. For so long as at least one co-founder is entitled to designate two directors to our Board, the co-founders then serving on the Board may (i) designate a co-founder to serve as co-chair of the Board and (ii) designate a co-founder to serve on each of the Compensation and Nominating and Corporate Governance Committees of the Board, subject to applicable law and listing standards.

| 74 | CARLYLE | Proxy Statement2025 |

| Certain Relationships and Related Transactions |

CO-FOUNDERS’ NON-COMPETITION AND NON-SOLICITATION AGREEMENTS We have non-competition agreements with each of our co-founders, Messrs. Conway, D’Aniello, and Rubenstein. Each co- founder agreed that during the period he is a controlling partner (as defined in the non-competition agreement) and for the period of three years thereafter (the “Restricted Period”), he will not engage in any business or activity that is competitive with our business. Each founder agreed that during the Restricted Period, he will not solicit any of our employees, or employees of our subsidiaries, to leave their employment with us or otherwise terminate or cease or materially modify their relationship with us or employ or engage any such employee. In addition, during the Restricted Period, each co-founder will not solicit any of our fund investors to invest in any funds or activities that are competitive with our businesses and will not pursue or otherwise seek to develop any investment opportunities under active consideration by Carlyle. During the Restricted Period, each co-founder is required to protect and only use “proprietary information” that relates to our business in accordance with strict restrictions placed by us on its use and disclosure. Each co-founder agreed that during the Restricted Period he will not disclose any of the proprietary information, except (i) as required by his duties on behalf of Carlyle or with our consent or (ii) as required by virtue of subpoena, court, or governmental agency order or as otherwise required by law or (iii) to a court, mediator, or arbitrator in connection with any dispute between such co-founder and us. In the case of any breach of the non-competition, non-solicitation, confidentiality,