Investor Relations Presentation Summary

Introduction

• Speaker: Craig Larson, Head of Investor Relations
• Special thanks to guests joining in person and via webcast
• Reminder about legal disclosures (forward-looking statements, non-GAAP measures)

Review and Agenda

• Reflect on growth and development at KKR
• Morning sessions until 11:00, followed by a Q&A session
• Lunch arrangements and gifts for attendees
• 15-minute break scheduled

Key Themes and Goals

• Focus on growth and development at KKR
• Discussion on KKR's history and evolution
• Emphasis on KKR's global expansion and diversification

KKR Historical Perspective

• Established on the heels of the global financial crisis
• Significant growth since listing on NYSE in 2010
• Expansion from 13 offices to 33 over time
• Diversified investment strategies and increased AUM

Financial Performance and Strategy

• Performance figures indicating strong growth
• Management fee profile and future projections
• Investment performance and scaling opportunities
• KKR's leadership transitions and financial disclosures

Industry Trends and Strategy

• Asia: Largest economic block with low alternative penetration
• Infrastructure: Significant global investment needs
• Demographics: Aging population driving growth in insurance and private wealth
• Credit Markets: Shift from traditional banking models opening opportunities

Business Model and Growth Engines

• Three core growth engines: Asset Management, Insurance, Strategic Holdings
• A focus on sustainable EPS growth and compounding
• Long-term strategic positioning and market share ambitions

Asset Management

• Growth in AUM and platform diversification
• Importance of team, origination, value creation, and distribution
• Performance across different strategies and areas

Insurance

• Growth in assets and capabilities since Global Atlantic acquisition
• Focus on liability origination and investment management
• Expansion into international markets, particularly Asia and Japan

Strategic Holdings

• Aim for long-duration ownership of high-quality businesses
• Growth in predictable cash flows and dividends
• Valuation implications and market positioning

Conclusion

• KKR positioned for substantial growth in the alternative investment sector
• Continued focus on delivering strong financial performance and shareholder value

Note: The summary captures the core elements of KKR's strategy, growth narrative, and key themes discussed during the presentation. The focus is on the diversification of KKR's business model and how it leverages growth trends in various sectors.