| Id | Content |
|---|---|
| F1 | "Blackstone Holdings partnership" unit collectively refers to one limited partner interest in each of Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., Blackstone Holdings IV L.P. and Blackstone Holdings AI L.P. Subject to the minimum retained ownership requirements and transfer restrictions set forth in the partnership agreements of the Blackstone partnerships, the holder has the right, exercisable from time to time, to exchange each Blackstone Holdings partnership unit for one share of Common Stock of Blackstone Inc. The Blackstone Holdings partnership units have no expiration date and may not be exchanged other than pursuant to transactions or programs approved by Blackstone. |
| F2 | The Reporting Person donated 140,000 Blackstone Holdings partnership units to a charitable foundation. |
| F3 | These securities are held by a limited liability company, of which the Reporting Person is the manager. |
| F4 | These securities are held by a trust for the benefit of the Reporting Person's family, of which the Reporting Person is a trustee. |
The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.