BlackRock Results Presentation Deck

BlackRock update to its non-GAAP definitions Beginning in the first quarter of 2022, BlackRock, Inc. (the "Company") updated its definitions of operating income, as adjusted, operating margin, as adjusted, and net income attributable to BlackRock, Inc., as adjusted, to include adjustments related to amortization of intangible assets, acquisition- related compensation costs for non-recurring retention-related deferred compensation awards and contingent consideration fair value adjustments incurred in connection with certain acquisitions. Management believes excluding the impact of these expenses in its calculation of operating income, as adjusted, operating margin, as adjusted, and net income attributable to BlackRock, Inc., as adjusted, provides a helpful indication of the Company's financial performance over time, thereby providing helpful information for both management and investors while also increasing comparability with other companies. Refer to pages 3-6 for the Company's operating income, as adjusted, operating margin, as adjusted, net income attributable to BlackRock, Inc., as adjusted, and reconciliations to the most directly comparable GAAP measures, operating income, operating margin and net income attributable to BlackRock, Inc., for 2020 and 2021, as such measures have been recast to reflect the inclusion of such new adjustments. BlackRock. 2

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