Carlyle Group Inc.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities

The following table sets forth repurchases of our common stock during the three months ended March 31, 2026 for the

periods indicated. During the three months ended March 31, 2026,1.3 million shares were repurchased. In addition,2.5 million

shares were retired in connection with the net share settlement of equity-based awards, which are not included in the table

below.

(1)The Board of Directors reset the total repurchase authorization of our previously approved share repurchase program to$2.0 billion

in shares of our common stock, effective as of February 26, 2026. Under the share repurchase program, shares of our common stock

may be repurchased from time to time in open market transactions, in privately negotiated transactions, or otherwise, including

through Rule 10b5-1 plans. The timing and actual number of shares of common stock repurchased will depend on a variety of

factors, including legal requirements and price, economic, and market conditions. In addition to the repurchase of common stock,

the repurchase program is used for the payment of tax withholding amounts upon net share settlement of equity-based awards

granted pursuant to our Equity Incentive Plan or otherwise based on the value of shares withheld that would have otherwise been

issued to the award holder. The repurchase program may be suspended or discontinued at any time and does not have a specified

expiration date.

(2)Reflects shares purchased in open market and brokered transactions, which were subsequently retired.

(3)There were no net share settlements of equity-based awards under the current repurchase authorization, which became effective on

February 26, 2026.