KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today.

In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million. This amount includes performance income from a K-Series vehicle that is expected to be crystallized at September 30, 2024. This monetization activity quarter-to-date is made up of approximately 70% realized performance income and approximately 30% realized investment income.

In addition, in its Strategic Holdings segment, KKR has earned net realized investment income of approximately $85 million. This net realized investment income does not include Strategic Holdings Operating Earnings.

Monetization activity across both segments is primarily driven by a combination of public secondary sales and strategic transactions that have closed quarter-to-date, as well as dividends and interest income.

The estimates disclosed above are not intended to predict or represent total realized performance income, realized investment income from the Asset Management segment, net realized investment income from the Strategic Holdings segment or total revenues for the full quarter ending September 30, 2024, because it does not include the results or impact of any other sources of income, including fee income, or expenses, and we may realize further gains or losses relating to total realized performance income and total realized investment income after the date of this press release. Each of the estimates disclosed above are based on information available to us as of today with respect to the period from July 1, 2024 through September 23, 2024. These estimates are also not necessarily indicative of the results that may be expected for any other period, including the entire year ending December 31, 2024.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including estimated operating results from certain monetization activities and expectations about performance income. Words such as “expect,” “estimate,” “will,” “may” and “believe” or similar expressions may identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those included in these forward-looking statements, and investors should not place undue reliance on such statements. These forward-looking statements speak only as of the date of this press release, and we do not undertake any obligation to update or revise any of the forward-looking statements to reflect future events or circumstances, except as required by law.

Investor Relations: Craig Larson 1-877-610-4910 (U.S.) / 212-230-9410 investor-relations@kkr.com

Media: Kristi Huller, Miles Radcliffe-Trenner or Julia Kosygina 1-212-750-8300 media@kkr.com

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