BlackRock Investor Day 2021

IRH0621U/M-1675207-1/171 Strong growth in key product categories fueled by structural adoption of fee-based & managed products 01 By 2030, U.S. household wealth will grow to $140T, financial assets will make up 45% of total 1 02 Across U.S. households, ~70% of investable assets are consistently invested in managed products² ■Total financial assets ■Total U.S. household wealth $87T $35T 03 2015 $140T $64T 2030 ■Managed products 69% Banking & other assets 72% ■Individual securities 71% 19% 17% 17% 12% 11% 12% 2015 2017 2019 Half of all retail wealth assets are fee-based, up from a third in 20153 04 BLK leading in high growth areas (ETFS /SMAs), positioned for share growth in MFs & Alts ~30% 2015 Note: For footnoted information, refer to slide 85. BlackRock ~50% Vehicle ETFs BLK industry market share4 BLK LTM org. asset growth 5 ~20% 10% Active (MFSMA / Models) ~3% 12% Alts 2019 ~3% 14% (Illiquid + CEFs) 81

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