BlackRock Results Presentation Deck

8% 14% $172 $39 $133 13% 7% $68 13% 13% $81 $23 $60 Long-term $(2) 6% Q1 Q3 Q2 2021 2021 2021 12% $75 $75 $98 $(12) $(10) Total BlackRock $58 6% 11% $212 $44 $169 $(1) Q4 2021 12% 11% $104 5% 8% Cash $87 $114 $(27) 10% 5% $56 5% 9% $52 4% $90 $21 $17 $146 $69 $65 $(40) $(9) Q1 Q3 Q2 2022 2022 2022 ETFs Q1 Q1 Q2 Q3 Q4 Q2 2021 2021 2021 2021 2022 2022 2% Advisory 8% $22 Net flows ($ in billions) Q3 2022 3% 0% $114 $(32) Q4 2022 7% $90 3% 0% $110 $8 $103 Q1 2023 6% $22 Q4 Q1 2022 2023 18% $37 Q1 2021 2% $11 $17 16% 16% $21 Q2 2021 1% $43 $23 $(80) 0% Retail Long-term 12% $26 $(8) $22 Institutional Active 1% $84 8% $(10) $(15) Q3 Q4 Q1 Q2 Q3 Q4 2021 2021 2022 2022 2022 2022 Institutional Long-term $(40) $10 2% 4% $31 $16 3% 2% $(5) $21 $5 (2)% (3)% 4% 4% Institutional Index $71 $76 $(23) $(5) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2021 2021 2021 2021 2022 2022 2022 2022 LTM organic base fee growth rate (%) LTM organic asset growth rate (%) LTM organic asset growth rate measures rolling last twelve months net flows over beginning of period assets. LTM organic base fee growth rate is calculated by dividing net new base fees earned on net asset inflows for the LTM period by the base fee run-rate at the beginning of the period. BlackRock. $- Q1 2023 5% $9 $72 Q1 2023 2

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