Growth and Transition Strategy Update

Our flagship franchises are steadily scaling Fundraising on track to meet 2021 investor day target ($B)¹ Successfully scaling successor funds ($B)² $82B Raised Investor Day 2021 $100B+ 3-year gross fundraise target from '21–’23 Note: For footnoted information, refer to slide 99. BlackRock $3 $2 $1 $1 $5 $5 $7.5 $7.0 Fund I Fund II Fund III Fund IV Targets Diversified Infrastructure Climate Infrastructure 95

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