Investing in Strategic Growth Drivers and Accelerators

IRH0621U/M-1675207-1/171 BlackRock's global ETF business delivered nearly as much revenue growth as the next three ETF issuers combined Net New Base Fees ($M) - 1Q21 LTM¹ ETF Issuer A Note: For footnoted information, refer to slides 30-31. BlackRock Innovation We launched >170 ETFs in last three years that generated over 20% of our organic revenue growth in last 12 months ■Core Equity ■Strategic ■Precision $525 ETF Issuer B ETF Issuer C BlackRock 16

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