Investing to Deliver Shareholder Value

IRH1221U/M-1946957-1/20 Our strategy is guided by clients' needs and our investments are paying off Lead as a whole portfolio growth Drive gr Markets advisor Be the global leader in sustainable Investing Private engines ETFs Alpha at the heart AladdinⓇ China ETFs ■ #1 share of industry net new base fees¹ #1 share of AUM in strategic categories¹ Private Markets $25B of gross fundraise YTD2 ■ ■ $30B in committed capital will drive $210M future annual base fees³ $1.4B deferred carried interest balance4 Aladdin Active 80%+ of active fixed income and equity AUM above benchmark or peer median over 5-yrs6 78% of US active mutual fund AUM in Morningstar 4 & 5 star funds 15% organic base fee growth YTD Sustainability $434B of AUM Driving 20% of long-term net new base fees YTD Whole Portfolio $200B+ Outsourced CIO AUM Significant OCIO wins in 2021 ☐ 16% ACV growth5 24 clients using Whole Portfolio View China Launched Aladdin Sustainability Fully licensed FMC and WMC $1.4B raised from initial product launches Note: For illustrative purposes only. ACV represents forward-looking recurring subscription fees under client contracts for the next twelve months at the end of a respective quarter, assuming all client contracts that come up for renewal are renewed. ACV excludes nonrecurring fees such as implementation and consulting fees. See note (4) in the supplemental information on page 13 of BlackRock's third quarter 2021 earnings release for more information on ACV. For footnoted information, refer to slides 14-15. BlackRock 6

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