Growth and Transition Strategy Update

iShares generated over $1.1 billion in organic revenue growth, more than the next three ETF issuers combined 3 year organic revenue growth ($M)¹ $462 $279 $296 $314 $318 $1,108 Strategic ETF segments Fixed Income, Factor, Sustainable/Transition, Thematic Core Equity ETFs ETF Issuer #6 ETF Issuer #5 ETF Issuer #4 ETF Issuer #3 ETF Issuer #2 iShares ETFs Index Index Leveraged Active Index Note: For footnoted information, refer to slide 54. BlackRock Precision ETFs 465

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