BlackRock Results Presentation Deck

Operating Income GAAP Non-GAAP expense adjustments As Adjusted Nonoperating Income (Expense) GAAP Reconciliation between GAAP and as adjusted ($ in millions) Non-GAAP adjustments As Adjusted Net Income GAAP Non-GAAP adjustments As Adjusted $ BlackRock. Q1 684 651 $ $ (71) $ 57 $ (14) $ Q2 2020 $ 1,335 $ 1,428 $ 1,793 274 $ 1,406 $ 1,757 $ 1,848 22 357 $ (188) 169 Q3 $ 17 36 224 $ (153) $ 71 $ Q4 82 29 1,877 806 $1,214 $ 1,364 $ 1,548 (192) 319 $ 127 47 $ 1,080 $ 1,231 $ 1,446 $ 1,595 $ 1,545 $ Q1 $ 54 46 $ 1,599 $ 2,016 (74) (28) $ $ 1,199 41 $ $ 1,240 Q2 2021 $ 1,931 85 270 $ (169) 101 Q3 236 $ 1,935 $ 2,039 90 336 $ 2,025 $2,107 (72) Q4 $ 264 $ 68 69 71 $ 1,378 $ 1,681 $1,643 11 82 7 1,614 $1,750 $1,650 2022 Q1 $ 1,764 $ 58 $ 1,822 $ (138) 73 (65) $ 1,436 26 $ 1,462 Beginning in the first quarter of 2022, BlackRock updated the definitions of operating income, as adjusted, operating margin, as adjusted, and net income attributable to BlackRock, Inc., as adjusted. Such measures have been recast for 2021 and 2020 to reflect the inclusion of such new adjustments. Non-GAAP adjustments include amounts related to (i) amortization of intangible assets, (ii) acquisition- related compensation costs, (iii) contingent consideration fair value adjustments, (iv) Charitable Contribution and (v) noncash income tax matters, as applicable. For further information and reconciliation between GAAP and as adjusted, see notes (1) and (2) in the current earnings release as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. 10

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