Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 39

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 39
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, for each calendar year during the term of his employment, he is eligible for an annual performance bonus with a target value of 300% of his base salary (a target value of $3,000,000 for 2024), and with a maximum value equal to 200% of his target opportunity (for a maximum opportunity of $6,000,000 for 2024). The amount of any bonus paid to Mr. Schwartz is not guaranteed, but rather determined based on the level of attainment of Company financial performance and individual performance measures. For Mr. Schwartz’s annual performance bonus opportunity for 2024, the Compensation Committee determined that 50% would be determined formulaically based on Carlyle’s achievement of certain FRE targets, with goals set at the threshold (50% of target payout), target (100% of target payout) and maximum (200% of target payout) levels of performance. For the remaining 50% of Mr. Schwartz’s annual performance bonus opportunity for 2024, the Compensation Committee determined that it would be determined based on the Compensation Committee’s evaluation of Mr. Schwartz’s and the Company’s performance in the categories of (1) Leadership/Organizational Design, (2) Compensation Strategy, and (3) Business Development Initiatives, with each category representing 1/3 of the remaining 50% of Mr. Schwartz’s annual performance bonus opportunity, each evaluated on a scale of 0-200%. In February 2025, the Compensation Committee’s evaluated performance as described above and determined that Mr. Schwartz’s final weighted achievement factor was 200% and awarded an annual performance bonus to Mr. Schwartz of $6,000,000. The Compensation Committee’s evaluation of each component comprising the final weighted achievement factor is set forth on page 40 under “Chief Executive Officer Performance Bonus.” Mr. Schwartz’s annual performance bonus for 2025 will be determined based on his level of attainment of financial and individual performance measures, including those related to the achievement of financial metrics, shareholder value creation, leadership, strategic planning and organizational design, and other similar measures as determined by the Compensation Committee.

| CARLYLE | Proxy Statement2025 | 39 |

| Compensation Matters |

Other NEOs Annual Performance Bonus Opportunity With respect to the annual performance bonus for our other NEOs, our Compensation Committee reviewed comparative market compensation data provided by its independent compensation consultant and overall firm, investment fund, and individual performance, and considered the recommendations of Mr. Schwartz, in determining the annual performance bonuses for 2024. For