NYSE: BX For Questions Regarding Your Tax Package Contact Partner DataLink Partner DataLink — The Blackstone Group L.P. — P.O. Box 8447 GHISLAINE MAXWELL Hermitage, TN 37076-8447 116 E 65TH STREET Phone: (855) 375-4156 Fax: (215) 982-6302 Email: BlackstoneK1 Help@deloitte.com Website; www. PartnerDataLink.com/Blackstone NEW YORK, NY 10065-7007 Dear Unit Holder: The Blackstone Group L.P. (BX) is pleased to enclose your 2014 tax information. This information is provided to assist you in reporting your allocable share of partnership items in your income tax returns. We are also enclosing for your general guidance the IRS 2014 Partner's Instructions for Schedule K-1. We recommend that you consider discussing this information with your personal tax advisor. As a publicly traded partnership, BX is generally not subject to income tax. However, our Unit Holders may be subject to federal, state and city income tax reporting in jurisdictions where they are resident and where BX has operations. In addition, Unit Holders who are not resident in the U.S. may be subject to U.S. tax reporting and U.S. withholding tax. The enclosed information includes an Ownership Schedule and if applicable, a Sales Schedule. This information can be used to help you calculate any gain or loss on transfers or other dispositions of units made during 2014. We encourage you to review the information contained in these Schedules to ensure that there are no errors or inconsistencies. If any inconsistencies are noted, please contact Partner Datalink via email at BlackstoneK1Help@deloitte.com or by phone at (855) 375-4156. If we receive your revisions prior to June 30, 2015, we will update our records and issue a new Schedule K-1, which will be filed with the IRS. Sincerely, The Blackstone Group L.P. CONFIDENTIAL UBSTERRAMARO0000953 EFTA00236626

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651113 OMB No. 1545-0123 Schedule K-1 Department of the Treasury For calendar year 2014, or tax internal Revenue Service year beginning 2014 3 stuctions, Partner's Share of Income, Deductions, > lonerietrenit joss) 4 Credits, etc. > See back of form and separate instructions. A Partnership's employer identification number 20-8875684 B sPartnership’s name, address, city, state, and ZIP code THE BLACKSTONE GROUP §. 345 PARK AVENUE NEW YORK, NY 10154 6b Qualified dividends 4 Guaranteed payments 5 Interest income C IRS Center where partnership filed retum 7 Royalties OGDEN D Check if this is a publicly traded partnership (PTP) 8 Net short-term capital gain (oss) 9a Net long-term capital gain (loss) 234 8b Collectibles (28%) gain (loss) | egy Information About: E Partner's identifying number XXX-XX-4883 F Partner's name, address, city, state, and ZIP code GHISLAINE MAXWELL 9c Unrecaptured section 1250 gain 116 E 65TH STREET 4 NEW YORK, NY 10065-7007 10 Net section 1231 gain (loss) Tax-exempt income and 51 nondeductible expenses G [) General partner or LLC [X] Limited partner or other LLC 11 Other income (loss) member-manager member id STMT n x) Domestic partner oO Foreign partner What type of entity is this partner? INDIVIDUAL if this partner is a retirement plan (IRA/SEP/Keoghetc.), check here C) [27 Section 179 deduction Partner's share of profit, loss, and capital (see instructions): Beginning Ending 13 Other deductions Profit 0.000000 % 0.000189 % Loss 0.000000 % 0.000189 % Capital 0.000000 *% 0.000189 % Partner's share of liabilities at year end: Nonrecourse . . . . | . 1,572 Qualified nonrecourse financing 215 Recourse . Partner's capital account analysis: Beginning capital account . Capital contributed during the year Current year increase (decrease). Withdrawats & distributions Ending capital account . [K) Tax basis 0D case D. Section 704(b) book Oo Other (explain) For IRS Use Only Did the partner contribute property with a built-in gain or loss? UO Yes K) No if *Yes,” attach statement (see instructions) For Paperwork Reduction Act Notice, see Instructions for Form 1065. IRS. gov/lorm 1065 Cat. No, 11394R Schedule K-1 (Form 1065) 2014 3/22/2015 12:15:26 AM 522509 CONFIDENTIAL UBSTERRAMARO0000955 EFTA00236628

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Schedule K-1 (Form 1065) 2014 Page 2 This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040. For detailed reporting and filing information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return. 1. Ordinary business income (loss). Determine whether the income (loss) is Passive or nonpassive and eriter on your return as follows. Passive loss See the Partner's Instructions Passive income Schedule E, line 28, column (g) Nonpassive loss Schedule E, line 28, column (h) Nonpassive income Schedule E, line 28, column (j) 2. Net rental real estate income (loss) See the Partner's Instructions 3. Other net rental income (loss) Net income Schedule E, line 28, column (g) Net loss See the Partner's Instructions Schedule E, line 28, column () Form 1040, line 8a Form 1040, line 9a Form 1040, line 9b 8. Net short-term capital gain (loss) 9a, Net term ital 9b. Collectibles (25%) gain lone) 9c. Unrecaptured section 1250 gain 10, Net section 1231 gain (loss) 11. Other income (loss) Code A Other portfolio income (loss) B Involuntary conversions See the Partner's Instructions C Sec. 1256 contracts & straddles Form 6781, fine 1 D Mining exploration costs recapture See Pub. 536 E Cancellation of debt Form 1040, line 21 or Form 982 See the Partner's Instructions See the Partner's Instructions 28% Rate Gain Worksheet, line 4 (Schedule D instructions) See the Partner's Instructions ‘See the Partner's Instructions See the Partner's Instructions 12. Section 179 deduction 13, Other deductions Cash contributions (30%) Noncash contributions (50%) Nonecash contributions (30%) See the Partner's Capital gain property to a 50% Instructions organization (30%) Capital gain property (20%) Contributions (100%) Investment interest expense Form 4952, fine 1 Deductions —royalty income Schedule E, line 19 Section 59(e)(2) expenditures See the Partner's Instructions Deductions —porttolio (2% floor) Schedule A, line 23 Deductions — portfolio (other) Schedule A, line 28 Amounts paid for medical insurance Schedule A, line 1 or Form 1040, line 29 Educational assistance benefits See the Partner's Instructions Dependent care benefits Form 2441, line 12 Preproductive period expenses See the Partner's Instructions Commercial revitalization deduction from rental real estate activities Pensions and IRAs See Form 8582 instructions See the Partner's Instructions E<c axwD OvVOZErAC-TO7 MOOD Reforestation expense deduction See the Partner's Instructions Domestic production activities information See Form 8903 instructions Qualified production activities incorne Forrn 8903, line 7b Employer's Form W-2 wages Form 8903, line 17 Other deductions See the Partner's Instructions 14, Self-employment earings (loss) Note, /f you have a section 179 deduction or any pariner-tevel deductions, see the Partner’s Instructions before Schedule SE. A Net earnings (loss) from self-employment B Gross farming or fishing income C Gross non-farm income 15. Credits A Low-income housing credit {section 42()(5)) from pre-2008 buildings B Low-income housing credit {other} from pre-2008 buildings Low-income housing credit {section 42{)(5)) from post-2007 buildings OD Low-income housing credit (other) trom post-2007 buildings Qualified rehabilitation expenditures (rental real estate) Other rental real estate credits Other rental credits Undistributed capital gains credit Biofuel producer credit Schedule SE, Section A or B See the Partner's Instructions See the Partner's Instructions See the Partner's Instructions Form 1040, line 73; check box a AC-rO7n m } See the Partner's Instructions CONFIDENTIAL 16. 17. on > N<xE<cao@ DOvO ZEB fF A C=-T Oa aM COM> § Report on Empowerment zone employment credit Credit for increasing research activities Credit for employer social security and Medicare taxes Backup withholding Other credits Foreign transactions Name of country or U.S. See the Partner's instructions vo z Fr possession Gross income from all sources Gross income sourced at Foreign gross income sourced at partnership level D Passive category E General category F Other Form 1116, Part! Form 1116, Part! Deductions allocated and apportioned at partner level G Interest expense H Other Form 1116, Part! Form 1116, Part! Deductions allocated and apportioned at partnership level to foreign source income | Passive category J General category } Form 116 Pat K Other Other information L Total foreign taxes paid Form 1116, Part Il M Total foreign taxes accrued Form 1116, Part Il N Reduction in taxes available for credit Form 1116, line 12 O Foreign trading gross receipts Form 8873 P Extraterritorial incorne exclusion Form 8873 Q Other foreign transactions See the Partner's Instructions Alternative minimum tax (AMT) items A Post-1986 depreciation adjustment B Adjusted gain or loss See the Partner's C Depletion (other than oll & gas) Instructions and D Oil gas, & geothernal—gross income the Instructions for E Oil, gas, & geothernal—deductions Form 6251 F Other AMT iterns Tax-exempt income and nondeductible expenses A Tax-exempt interest income Form 1049, line 8b B Other tax-exernpt income See the Partner's Instructions ‘See the Partner's Instructions B Distribution subject to section 737 } See the Partner's Instructions C Other property Other information Investment income Form 4952, line 4a Investment expenses Form 4952, line 5 Fuel tax credit information Form 4136 Qualified rehabilitation expenditures (other than rental real estate) See the Partner's Instructions Basis of energy property See the Partner's instructions Recapture of low-income housing credit (section 42()(5)) Form 8611, line 8 Recapture of low-income housing credit (other) Form 8611, line 8 Recapture of investment credit See Form 4255 Recapture of other credits See the Partner's Instructions Look-back interest—completed long-term contracts See Form 8697 Look-back interest —income forecast method See Form 8866 Dispositions of property with section 179 deductions Recapture of section 179 deduction Interest expense for corporate partners: Section 453(1)(3) information Section 453A(c) information Section 1260(b) information wonend terest allocable to productior See the Partner's tures Instructions CCF nonqualified withdrawals \ Depletion information—oil and gas Reserved Unrelated business taxable income Precentribution gain (logs) Section 108{/} information Net investment income Other information UBSTERRAMARO0000956 EFTA00236629

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THE BLACKSTONE GROUP 9. 2014 SUPPLEMENTAL SCHEDULE — PAGE 1 PARTNER NAME: GHISLAINE MAXWELL PARTNER FEDERAL ID & ENTITY TYPE: XXX-XX-4883 / INDIVIDUAL CUSTODIAN FEDERAL ID (IF APPLICABLE): Description Other Income (Loss) Section 987 Gain (Loss) Section 988 Gain (Loss) Section 731(a) Gain Section 1256 Contracts & Straddles Cancellation of Debt Interest Income Swap Income (Loss) Long Term Capital Gain (Loss) on Sale of Partnership Short Term Capital Gain (Loss) Long Term Capital Gain (Loss) Section 475(f) Ordinary Gain (Loss) Subpart F Income Other Income (Loss) Other Trade or Business Expenses Deferred Income included under Section 108(i)(1) or 108(i)(5)(D)i) or (ii) Intangible Drilling and Development Costs Portfolio Deductions (2% floor) Interest Expense on Debt Financed Distributions Other Deductions Interest Expense Deductions at Partner Level Other Deductions at Partner Level Passive Foreign Deductions at Partnership Level General Foreign Deductions at Partnership Level Other Foreign Deductions at Partnership Level Total Foreign Taxes Paid Total Foreign Taxes Accrued Oil, Gas and Geothermal Gross Income Oil, Gas and Geothermal Deductions Excess Intangible Drilling Costs Oil & Gas - Total Sustained Assumed Allowable Depletion Oil & Gas - Cost Depletion (Working Interest) Oil & Gas - Cost Depletion (Royalty) Oil & Gas - Percentage Depletion in Excess of Cost Depletion to the Extent of Basis (Working Interest) Oil & Gas - Percentage Depletion in Excess of Cost Depletion to the Extent of Basis (Royalty) Oil & Gas - Percentage Depletion in Excess of Basis (Working Interest) Oil & Gas - Net Equivalent BBLs of Production (in MBBL) UBTI - Ordinary Income (Loss) UBTI - Net Rental Income (Loss) UBTI - Interest Income UBTI - Dividend Income UBTI - Short Term Capital Gain (Loss) UBTI - Long Term Capital Gain (Loss) UBTI - Section 1231 Gain (Loss) UBTI - Long Term Capital Gain (Loss) on Sale of Partnership UBTI - Investment Interest Expense UBTI - Cancellation of Debt UBTI - Other Income (Loss) UBTI - Section 59(E)(2) Expenditures UBTI - Foreign Taxes Paid or Accrued Deferred Section 108(i) Income not included - prior year Deferred Section 108(i) Income not included - current or prior year Deferred Section 108(i)(1) Income included - current year Deferred Section 108(i)(5)(D)(i) or (ii) Income included - current year Deferred Section TONKA OID Deduction - allowable under Section 108(i)(2)(A)(ii) Deferred Section 108(i)(2)(A)(i) OID Deduction not deducted - current or prior year You should consult your tax advisor to determine the proper treatment of the above items. Amount oa = see We wo 1 tee WHA st 1s SNAHROYL 1 mr NWNO@s + ©Noene CONFIDENTIAL UBSTERRAMARO0000957 EFTA00236630

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THE BLACKSTONE GROUP 9. 2014 SUPPLEMENTAL SCHEDULE — PAGE 2 PARTNER NAME: GHISLAINE MAXWELL PARTNER FEDERAL ID & ENTITY TYPE: XXX-XX-4883 / INDIVIDUAL CUSTODIAN FEDERAL ID (IF APPLICABLE): Note Description Amount 1. Your share of the Foreign Qualified Dividends included on Line 1, 6B, and 11 is 2 2. The amount on Line 13H is derived from 2 activities: The amount derived from trade or business activities is - The amount derived from investment activities is 1 3. If you are a tax exempt entity, your share of Unrelated Business Taxable Income is reported on the 2014 Schedule K-1 Supplemental Information — Page 1, Line 20V1 through 20V13. 4. Your share of dividends from domestic corporations eligible for the 70% Dividends Received 142 Deduction included on Lines 1, 6A and 11 is 5. If you are a corporate partner, your share of the amount on Schedule K-1 that you should 3 recognize as ordinary income under Section 1250, pursuant to Section 291(a)(1) is 6. Your share of U.S. effectively connected income ("ECI") is as follows: Ordinary Income/(Loss) 5 Net Rental Income/(Loss) 3 Interest Income - Long Term Capital Gain/(Loss) 9 Unrecaptured Section 1250 Gain 4 Net Section 1231 Gain 41 Cancellation of Debt - Long Term Capital Gain/(Loss) on Sale of Partnership 10 Other Income/(Loss) - Section 59(e)(2) Expenditures 1 Interest Expense for Corporate Partners 6 7. If you are a foreign person, you may have received IRS Form 1042-S, Foreign Persons U.S. Source Income Subject to Withholding. Please follow the instructions for that form. 8. Line 16 codes | and J. Your share of deductions attributable to foreign source income (excluding interest expense) is reported on Line 16 codes | and J. This amount and the calculated deductible amount of investment interest expense shown on Line 13 code H attributable to foreign source income should be considered for foreign tax credit limitation purposes. The proper treatment of these amounts depends on several factors, including whether you are a U.S. individual or a corporate partner. You should consult your tax advisor to determine the proper treatment of the above items. CONFIDENTIAL UBSTERRAMARO0000958 EFTA00236631

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THE BLACKSTONE GROUP 9 2014 SUPPLEMENTAL SCHEDULE — PAGE 3 PARTNER NAME: GHISLAINE MAXWELL PARTNER FEDERAL ID & ENTITY TYPE: XXX-XX-4883 / INDIVIDUAL CUSTODIAN FEDERAL ID (IF APPLICABLE): Line 20X — IRC Section 108(i) Deferred Income Information: Refer to your 2014 Supplemental Schedule — Page 1: Line 20X1 - Your share of deferred Section 108(i) cancellation of debt (COD) income that has not been included in income as of the end of the prior taxable year. Line 20X2 - Your share of deferred Section 108(i) cancellation of debt (COD) income that has not been included in income in the current or prior taxable years. Line 20X3 - Your share of deferred Section 108(i)(1) cancellation of debt (COD) income that you must include in income in the current taxable year. This amount is included in Line 11F 10. Line 20X4 - Your share of deferred Section 108(i)(5)(D){i) or (ii) cancellation of debt (COD) income that you must include in income in the current taxable year. This amount is included in Line 11F 10. Line 20X5 - The partnership's original issue discount (OID) deduction deferred under Section 108(i2)(A)(i) that is allowable as a deduction under Section 108(i)(2)(A)(ii). Line 20X6 - The partnership's original issue discount (OID) deduction deferred under Section 108(i)(2)(A)(i) that has not been deducted in the current or prior taxable years. Passive Foreign Investment Company (“PFIC") Information — IRC Section 1295: The Blackstone Group §. has made timely IRC Section 1295 Qualified Electing Fund (“QEF") elections with respect to its investments in various PFICs. Your share of the ordinary earnings and net capital gains from these PFICs is included within this Schedule K-1. Passive Foreign Investment Company (“PFIC") Information — IRC Section 1296: The Blackstone Group §. has made a timely mark-to-market election with respect to its underlying PFICs. Your distributive share of any resulting income from making this election is included in your Schedule K-1, and no further reporting by you is required. Contributions to Various Foreign Corporations: The Blackstone Group {. indirectly owns interests in various foreign corporations. Pursuant to IRC Section 6038B, a contribution of property or cash by The Blackstone Group {. to a foreign corporation is deemed to be made by its underlying partners. As a result, if you are a U.S. domestic partner and are deemed to have contributed $100,000 or more to a foreign corporation you may be required to include IRS Form 926 with your tax return. If you believe you have a filing requirement the additional information needed to complete the Form can be obtained by contacting Partner DataLink. Protective Disclosure Statements: Further to the above, The Blackstone Group J. through its indirect investments in various underlying partnerships has been provided protective disclosure information related to IRC Section 165 losses exceeding a $2,000,000 threshold, if any, and/or IRC Section 988 losses exceeding a $50,000 threshold, if any. The Blackstone Group §j. will file IRS Form 8886 reporting the foregoing protective disclosures. If you believe that you have an IRC Section 165 loss or an IRC Section 988 loss exceeding these thresholds, the additional information required to file Form 8886 can be obtained by contacting Partner DataLink. Net Investment Income Tax: The partnership is engaged in activities where items of income (deduction) / gain (loss) reported on this Schedule K-1 may be subject to the 3.8% net investment income (“NIl") tax under Section 1411. Certain portfolio income, passive trade or business net income, net rental income, or trader income from financial instruments or commodities as defined under Reg. Section 1.1411-5(c)(1) & (2) is subject to the Nil tax. Please consult your tax advisor. You should consult your tax advisor to determine the proper treatment of the above items. CONFIDENTIAL UBSTERRAMARO0000959 EFTA00236632

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THE BLACKSTONE GROUP 9. 2014 STATE SCHEDULE — PAGE 4 PARTNER NAME: GHISLAINE MAXWELL PARTNER FEDERAL ID & ENTITY TYPE: XXX-XX-4883 / INDIVIDUAL CUSTODIAN FEDERAL ID (IF APPLICABLE): The Blackstone Group [j. may receive state sourced income from its investment portfolio. You may be required to file an income tax return with some of those states. Each of the states is identified below by its two-letter postal designation with YC identifying New York City. For each state we have reported the state sourced income by type in columns 1 through 8 below. Column 1 relates to Line 1 of the Schedule K-1, Column 2 relates to Line 2 of the Schedule K-1. Column 3 relates to Line 5 of the Schedule K-1. Column 4 relates to Line 7 of the Schedule K-1. Column 5 relates to Line 9a of the Schedule K-1. Column 6 relates to Line 10 of the Schedule K-1. Column 7 relates to Line 11A1 of the Schedule K-1. Column 8 relates to Line 11F3 of the Schedule K-1. Differences between state and federal amounts are due to rounding and variations between federal and state income tax laws. Generally all states where The Blackstone Group [. receives income are shown even though not all states impose an income tax. The Blackstone Group (jj. has not attempted to determine for each unit holder whether resident or nonresident state tax returns should be filed. We recommend that you consult your personal tax advisor on this matter. If you need the state business apportionment factors, this information can be obtained by contacting Partner DataLink. (1) (2) (3) (4) (5) (6) (7) (8) Ordinary Net Rental Interest Royalties Net Long-Term | Net Section Other Long Term Capital State Business Real Estate Income Line 7 Gain (Loss) 1231 Gain Income Gain (Loss) on Income (Loss) | Income (Loss) Line S Line 9a (Loss) (Loss) Sale of Partnership Line 1 Line 2 Line 10 Line 11A1 Line 11F3 CONFIDENTIAL UBSTERRAMAROO000960 EFTA00236633

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THE BLACKSTONE GROUP 9. 2014 OWNERSHIP SCHEDULE PARTNER NAME: GHISLAINE MAXWELL PARTNER FEDERAL ID & ENTITY TYPE: XXX-XX-4883 / INDIVIDUAL CUSTODIAN FEDERAL ID (IF APPLICABLE): This schedule details your transactional history regarding units of The Blackstone Group §., as reported to the Partnership by your broker or our transfer agent. This schedule is limited to all units that are reported as owned by the partner federal identification number and entity type shown above. NOTE: A separate schedule and related Tax Package may be issued for any other entity types associated with the partner federal identification number shown above. The transactional information contained below has been utilized to prepare this Tax Package. If this transactional information is incorrect, then the information reported in this Tax Package (as well as the information reported to the IRS) may be incorrect. Please contact Partner DataLink at (855) 375-4156 or BlackstoneK1Help@QB by June 30, 2015 to report any errors or inaccuracies. NOTE: If you submit corrections to us after that date, you may be required to file Form 8082, Notice of Inconsistent Treatment or Administrative Adjustment Request, with the IRS. THE SCHEDULE IS NOT PROOF OF OWNERSHIP Ld | . END END OF YEAR UNITS YEAR UNITS 1,113 Do not attach this schedule to your Federal or State Income Tax Returns. You should consult your tax advisor to determine the proper treatment of the above items CONFIDENTIAL UBSTERRAMARO0000961 EFTA00236634