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      "text": "Page 5 - Our Shareholder Base Has Meaningfully Changed Since Listing\n1. Based on latest available public data as of 12/31/24.\n\nPage 6 - Over the Past 3 Years...\n1. Represents close price on 5/19/22.\n\nPage 11 - Blue Owl Evolution Since Listing\n1. At Listing metrics as of 6/30/21; FRE Revenue is FY21.\n2. Today metrics as of 12/31/24; FRE Revenue is FY24. Today Market Cap as of 1/31/25.\n\nPage 12 - We Have Accomplished a Significant Amount in the 3+ Years We’ve Been Public\n1. Other includes GP Debt Financing, Professional Sports Minority Stakes, Healthcare, and Strategic Equity.\n\nPage 15 - Our Strategies That Existed As of Our Last Investor Day\n1. Length of track record includes length of time before Blue Owl acquired business where applicable.\n2. GP Strategic Capital is inclusive of GP Minority Stakes, GP Debt Financing, and Professional Sports Minority Stakes.\n\nPage 16 - Our Strategies Today\n1. Length of track record includes length of time before Blue Owl acquired business where applicable.\n2. GP Strategic Capital is inclusive of GP Minority Stakes, GP Debt Financing, and Professional Sports Minority Stakes.\n3. IPI acquisition closed on 1/3/25.\n\nPage 17 - We Have Demonstrated Differentiated Growth Across Key Metrics\n1. Growth calculated using the last twelve months 3Q24 and the last twelve months 1Q22.\nPeer group includes Apollo Global Management, Inc “APO”, Ares Management Corporation “ARES”, Blackstone Inc. “BX”, The Carlyle Group Inc. “CG”, and KKR & Co. Inc. “KKR”.\n\nPage 18 - Reflecting Both Strength and Stability of Growth Through Various Market Environments\n1. 2024 DE Growth is calculated using the twelve months preceding 3Q24 and the twelve months preceding 1Q22.\nPeer group includes Apollo Global Management, Inc “APO”, Ares Management Corporation “ARES”, Blackstone Inc. “BX”, The Carlyle Group Inc. “CG”, and KKR & Co. Inc. “KKR”.",
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