BlackRock Results Presentation Deck slide image

BlackRock Results Presentation Deck

5% 5% $20 $14 $6 10% 3% $18 3% $11 Q2 2018 2018 ($3) Q3 9% $34 2% 2% $50 $6 $44 ($15) Long-term Q4 2018 10% Total BlackRock $81 2% 1% $65 $6 $59 9% 4% $31 2% $151 $26 $125 Cash 10% 5% Q1 Q2 Q3 2019 2019 2019 iShares ETFs 3% $36 $84 $32 $52 10% $42 Q2 Q4 Q1 Q2 Q3 Q3 2018 2018 2018 2019 2019 2019 7% 5% $129 $30 $99 Advisory Q4 2019 11% $75 Q4 2019 Net flows ($ in billions) 6% 4% $35 $53 ($19) Q1 2020 9% $14 Q1 2020 5% 5% $100 $24 $62 Q2 2020 9% $51 $14 Q2 2020 7% $5 1% 6% Q2 Q3 2018 2018 $5 $(14) $2 0% $(1) 3% $(24) Retail Long-term 0% Institutional Active (2)% (1)% $(8) $14 $15 0% $(27) Q1 Q2 Q3 Q4 2018 2018 2018 2019 $2 $(1) $(3) $(2) Q2 Q3 Q4 Q1 Q2 Q4 Q1 2018 2019 2019 2019 2019 2020 2020 Institutional Long-term 2% $14 $73 0% Q2 2019 $7 3% 3% $8 $8 $(4) 4% 2% Institutional Index $1 $15 2% 4% $16 0% $3 $(2) $(29) $(8) Q3 Q4 Q1 Q2 2019 2019 2020 2020 LTM organic base fee growth rate (%) LTM organic asset growth rate (%) Note: LTM organic asset growth rate measures rolling last twelve months net flows over beginning of period assets. LTM organic base fee (ex. securities lending) 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. 2
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