BlackRock Results Presentation Deck

Institutional 60% Retail 10% lient Type iShares ETFs 30% AUM A broadly diversified business across clients, products and geographies BlackRock. Institutional 33% Retail 28% iShares ETFs 39% Base Fees Assets Under Management of $7.43 trillion at December 31, 2019 Q4 2019 Total Base Fees of $3.089 billion Style Product Type Active 27% Index 36% iShares ETFs 30% Cash 7% AUM Note: Base Fees and AUM by region data is based on client domicile. Active 46% Index 9% iShares ETFs 39% Cash 6% Base Fees Equity 52% Fixed Income 31% Multi-asset 8% Alternatives 2% Cash 7% AUM Equity 47% Fixed Income 28% Multi-asset 10% Alternatives 9% Cash 6% Base Fees Americas 66% EMEA 27% Region Asia-Pacific 7% AUM Americas 66% EMEA 28% Asia-Pacific 6% Base Fees 1

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