BlackRock Results Presentation Deck

Operating Income and Margin, as adjusted 45.8% $1,599 46.9% 47.6% $2,016 $2,025 46.6% $2,107 BlackRock. Profitability ($ in millions, except per share data) 44.2% 43.7% Q1 Q2 Q3 Q4 2021 2021 2021 2021 2022 $1,822 Operating Income, as adjusted $1,727 42.0% 41.2% 40.4% $1,585 $1,577 $1,511 Q1 Q2 Q3 Q4 Q1 2022 2022 2022 2023 Operating Margin, as adjusted $8.04 Net Income and EPS, as adjusted $10.45 $1,614 $1,240 $11.34 $1,750 $10.68 $1,650 $9.52 $1,462 Q1 Q2 Q3 Q4 Q1 2021 2021 2021 2021 2022 Net Income, as adjusted $7.36 $1,122 $9.55 $1,451 $8.93 $1,356 $7.93 EPS, as adjusted $1,200 Q2 Q3 Q4 Q1 2022 2022 2022 2023 For further information and reconciliations to GAAP, see page 10 of this earnings release supplement, notes (1) through (3) to the condensed consolidated statements of income and supplemental information in the current earnings release, as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. Beginning in the first quarter of 2023, the Company updated its definitions of operating income, as adjusted, operating margin, as adjusted, non-operating income (expense), as adjusted, and net income attributable to BlackRock, Inc. as adjusted, to exclude the compensation expense related to the market valuation changes on certain deferred cash compensation plans, and the related gain (loss) on the economic hedge of these deferred cash compensation plans. 3

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