Blackstone Reports Fourth Quarter and Full Year 2020 …

_____ Blackstone 345 Park Avenue New York NY 10154 T 212 583 5000 Blackstone Reports Fourth Quarter and Full year 2020 Results New York, January 27, 2021: Blackstone (NYSE:BX) today reported its Fourth Quarter and full year 2020 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, Blackstone achieved record results in the Fourth Quarter . Despite the highly challenged economic backdrop in 2020, we continued to deliver differentiated investment performance for our limited partners, leading to nearly $100 billion of capital inflows the Fourth consecutive year at this level or better. Looking forward, we have an extraordinary range of growth initiatives across every area of the firm, with an increasing focus on perpetual capital. The firm ended 2020 in a position of strength and we have great confidence in the path ahead. Blackstone issued a full detailed presentation of its Fourth Quarter and full year 2020 results, which can be viewed at Dividend Blackstone has declared a quarterly dividend of $ per share to record holders of Class A common stock at the close of business on February 8, 2021.

Report on Form 10-K for the year ended December 31, 2019 and in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, as such factors may be updated from time to time in our periodic filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov.

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