Investing in Strategic Growth Drivers and Accelerators

BlackRock is outpacing industry growth in active Growing faster relative to the industry¹,2 7% 5% 4% 2% 1% 2% 0% 0% 0% (1)% 9% IRH0621U/M-1675207-1/171 Net new base fees are accelerating³ ($M) ($152) $167 $110 $27 $374 $705 2016 2017 2018 2019 2020 1Q21 2016 2017 2018 2019 2020 1Q21 LTM LTM BlackRock organic asset growth Industry organic asset growth Note: For footnoted information, refer to slides 75-76. BlackRock BlackRock net new base fees ($M) 64

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