BlackRock Investor Day 2021

Generational shifts are propelling ETF growth 3G IRH0621U/M-1675207-1/171 5G Convergence: ETFs part of fabric of capital markets Innovation: ETFs wrap all 4G kinds of public investments BlackRock buys BGI: Index AND Active builds a better portfolio 2G First ETFs launch: Making indexing more global and convenient 1G First index product launches: Index VS Active 1970's Note: For illustrative purposes only BlackRock 1980's 1990's 2000's 2010's 2020's 2030 - 19 9

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