BlackRock Results Presentation Deck
Important notes
This presentation, and other statements that BlackRock may make, may contain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to BlackRock's future financial or business performance, strategies or expectations. Forward-looking
statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "comfortable," "expect,"
"anticipate," "current," "intention," "estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "sustain," "seek," "achieve," and similar
expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" and similar expressions.
BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time.
Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-
looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ
materially from historical performance.
BlackRock has previously disclosed risk factors in its Securities and Exchange Commission ("SEC") reports. These risk factors and those identified
elsewhere in this earnings release, among others, could cause actual results to differ materially from forward-looking statements or historical
performance and include: (1) a pandemic or health crisis, including the COVID-19 pandemic, and its continued impact on financial institutions, the
global economy or capital markets, as well as BlackRock's products, clients, vendors and employees, and BlackRock's results of operations, the full
extent of which may be unknown; (2) the introduction, withdrawal, success and timing of business initiatives and strategies; (3) changes and volatility
in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could
result in changes in demand for products or services or in the value of assets under management ("AUM"); (4) the relative and absolute investment
performance of BlackRock's investment products; (5) BlackRock's ability to develop new products and services that address client preferences; (6)
the impact of increased competition; (7) the impact of future acquisitions or divestitures; (8) BlackRock's ability to integrate acquired businesses
successfully; (9) the unfavorable resolution of legal proceedings; (10) the extent and timing of any share repurchases; (11) the impact, extent and
timing of technological changes and the adequacy of intellectual property, data, information and cybersecurity protection; (12) attempts to
circumvent BlackRock's operational control environment or the potential for human error in connection with BlackRock's operational systems; (13)
the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to
BlackRock; (14) changes in law and policy and uncertainty pending any such changes; (15) any failure to effectively manage conflicts of interest; (16)
damage to BlackRock's reputation; (17) geopolitical unrest, terrorist activities, civil or international hostilities, including the military conflict between
Russia and Ukraine, and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets,
specific industries or BlackRock; (18) climate change-related risks to BlackRock's business, products, operations and clients; (19) the ability to attract
and retain highly talented professionals; (20) fluctuations in the carrying value of BlackRock's economic investments; (21) the impact of changes to
tax legislation, including income, payroll and transaction taxes, and taxation on products or transactions, which could affect the value proposition to
clients and, generally, the tax position of the Company; (22) BlackRock's success in negotiating distribution arrangements and maintaining
distribution channels for its products; (23) the failure by key third-party providers of BlackRock to fulfill their obligations to the Company; (24)
operational, technological and regulatory risks associated with BlackRock's major technology partnerships; (25) any disruption to the operations of
third parties whose functions are integral to BlackRock's exchange-traded funds ("ETF") platform; (26) the impact of BlackRock electing to provide
support to its products from time to time and any potential liabilities related to securities lending or other indemnification obligations; and (27) the
impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.
This presentation also includes non-GAAP financial measures. You can find our presentations on the most directly comparable GAAP financial
measures calculated in accordance with GAAP and our reconciliations on page 10 of this earnings release supplement, our current earnings release
dated October 13, 2022, and BlackRock's other periodic reports, which are available on BlackRock's website at www.blackrock.com.
BlackRock.
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