Investing in Strategic Growth Drivers and Accelerators slide image

Investing in Strategic Growth Drivers and Accelerators

End notes These notes refer to the financial metrics and/or defined term presented on: Slide 8 - Asset management revenue remains highly fragmented Sources: Public filings and company websites, McKinsey. As of 2020. Sources: S&P Global Market Intelligence, McKinsey. As of 2019. 1. 2. 3. Sources: Synergy Research Group, Canalys. As of 2020. IRH0621U/M-1675207-1/171 Slide 9 Clients are entrusting us with more of their portfolios 1. 2. 3. 4. Industry represents the asset management industry. Industry sources: Simfund, Broadridge, Spence Johnson, HFR, Preqin, iMoney Net, Bloomberg, Markit, P&I, Cerulli and BlackRock estimates. BLK technology growth represents Annual Contract Value (ACV). Industry tech growth represents 2020 YoY total revenue growth for 10 fintech peers. Comprises Index ETFs, i.e., Equity ETFs, Fixed Income ETFs, and Alts/Other ETFs. Excluded Active ETFs and Inverse/Leveraged ETFs. Based on BLK Internal data on our top 500 firm clients. Slide 11 Growth, efficiency and operating excellence 1. 2. 2012 technology services revenue reflects accounting guidance prior to the adoption of the new revenue recognition standard. For further information, refer to Note 2, Significant Accounting Policies, in the consolidated financial statements in our 2018 Form 10-K. Reflects assets under management as of 3/31/2021, technology services revenue for 2020 and employees as of 12/31/20. Slide 12 Our culture: the BlackRock principles 1. 2. 3. Source: BlackRock as of 12/31/2020 Jobs provided are estimated using Political Economy Research Institute, University of Massachusetts Amherst, Green Growth, "A U.S. Program for Controlling Climate Change and Expanding Job Opportunities." Source: BlackRock BlackRock 13 13
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