Investing in Strategic Growth Drivers and Accelerators

IRH0621U/M-1675207-1/171 Active strategies have delivered strong growth and make up a large share of BlackRock's revenue BlackRock active AUM¹ ($T) BlackRock active revenue¹($B) % of BlackRock AUM ~25% % of BlackRock revenue ~50% $1.7 $555B 2017 Note: For footnoted information, refer to slides 75-76. BlackRock $2.3 $5.8 $7.0 $1.2B 2020 2017 2020 63

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