Growth and Transition Strategy Update slide image

Growth and Transition Strategy Update

The PaaS value proposition is resonating with clients more and more Asset managers have historically been designed around their skills as opposed to the needs of the client No firm has been able to offer the "whole portfolio" Individual relationships with several providers are expensive from a client perspective The BLK Model We start with the client, always - their needs are our north star We work together as One BlackRock We operate with excellence, passing scale benefits through to our clients We evolve with our clients, leading them to trust us with more of their portfolio Our platform goal is to make it "better, faster, and cheaper" for the client to expand within the BLK ecosystem 68% of our 25 largest clients have increased their BLK wallet share in the last five years¹ ~20 >$5B whole-portfolio outsourcing mega mandates won by BLK since 20191 Note: For footnoted information, refer to slide 20. BlackRock $400B+ in NNB1 19 0
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