Board Justification

In general, our compensation program for our employees has three primary objectives: (1) to attract, motivate, and retain them, (2) to align their interests with those of our stockholders and other stakeholders, and (3) to reinforce our culture and values.

Board Justification

Our Co-Executive Chairmen, Co-Chief Executive Officers and Chief Financial Officer did not receive any discretionary year-end cash bonus compensation in 2024, based on the overall values received by them during the year, including their allocations of carried interest.

Board Justification

Consists of $63,703,077 in cash distributions from the carry pool during 2024. For 2024, also consists of the following payments made by KKR: $25,000 related to financial planning services fees, $25,000 related to tax preparation fees, $36,800 relating to personal security services; $50,000 of matching charitable donations, and $55,928 relating to the provision of certain benefits disclosed in this footnote. SEC rules require that transportation and other expenses not directly and integrally related to our business be disclosed as compensation to Mr. Nuttall. KKR also paid certain amounts for the use for KKR business of aircraft owned by an entity controlled by Mr. Nuttall as described in “Certain Relationships and Related Party Transactions, Director Independence – Firm Use of Private Aircraft.” From time to time, family members and other personal guests of Mr. Nuttall may accompany him on flights or otherwise on business travel, for which KKR incurs no incremental out of pocket cost.

Board Justification

The following table sets forth information concerning the vesting of restricted holdings units held by each of our named executive officers during the year ended December 31, 2024. Stock AwardsNameNumber ofShares Acquired onVesting (#) (1)Value Realized onVesting ($) (2)Henry R. Kravis— $— George R. Roberts— $— Joseph Y. Bae— $— Scott C. Nuttall— $— Robert H. Lewin— $— Dane E. Holmes33,333 $4,328,957 (1)The amounts reflected in this column represent restricted holdings units, a portion of which are subject to one- and two-year transfer restrictions upon vesting. See "—Narrative Disclosure to Summary Compensation Table and Grants of Plan-Based Awards Table" for additional terms, including with respect to the transfer of certain restrictions from the restricted stock units to employees' restricted holdings units.(2)These amounts are based on the closing market price of our common stock on each respective vesting date.