BlackRock Investor Day Presentation Deck

Active performance update % of assets above benchmark/ peer median over 3-year period 100% 50% 0% % of Assets above Benchmark or Peer Median for 3-Year Period Active Fixed Income 87% Scientific Active Equity 95% Fundamental Active Equity BLACKROCK performance data. Past performance is not indicative of future returns. 43% Note: Data as of 3/31/14. Size of bubbles represents total AUM managed by BlackRock in representative asset classes. Not all AUM is captured in 7

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