Investing in Strategic Growth Drivers and Accelerators

BlackRock's global ETF and index investing business $3.2T $6.0T Index AUM¹ $2.8T ETF organic growth and revenue $240B 1Q21 LTM net new business2 $525M 1Q21 LTM net new base fees² ETFs Institutional index, sub-advisory and index mutual funds $4.8B 2020 Revenue Note: For footnoted information, refer to slides 30-31. BlackRock 13% 14% 5% IRH0621U/M-1675207-1/171 Organic asset growth³ Organic base fee growth4 Year-over- year growth 15

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