BlackRock Results Presentation Deck

51% $11,162 2022 18% 12% 19% $(128) Full year expense, as adjusted ($ in millions) Distribution & servicing costs Employee comp. & benefits Distribution & servicing costs Direct fund expense General & Administration $(6) Product launch costs (1) Amounts exclude product launch costs in 2022, which are presented separately. $48 Percentage Change 2023 compared to 2022 $104 Employee comp & benefits Employee comp. & benefits Distribution & servicing costs Direct fund expense Product launch costs General & administration (1) Total $85 G&A expense (1) $105 Direct fund expense Year-over-Year 1% (6)% 9% (100)% 4% 1% $11,266 2023 For further information and reconciliations to GAAP, see page 13 of this earnings release supplement, notes (1) through (3) to the condensed consolidated statements of income and supplemental information in the current earnings release, as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. BlackRock 11

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