BlackRock Results Presentation Deck

Operating Income and Margin, as adjusted 45.2% 44.2% 43.5% $1,443 $1,400 $1,310 41.9% $1,233 BlackRock. Profitability ($ in millions, except per share data) 43.1% Q2 Q3 Q4 Q1 Q2 2018 2018 2018 2019 2019 $1,278 Operating Income, as adjusted 46.0% $1,502 43.5% $1,538 41.7% $1,273 43.7% $1,406 Q2 Q3 Q4 Q1 2019 2019 2020 2020 Operating Margin, as adjusted $6.66 $1,080 Net Income and EPS, as adjusted $7.52 $1,214 $6.08 $6.61 $6.41 $975 Q2 Q2 Q3 Q4 Q1 2018 2018 2018 2019 2019 $8.34 Net Income, as adjusted $7.15 $1,309 $1,119 $1,053 $1,032 $1,003 mold $6.60 $7.85 EPS, as adjusted $1,214 Q3 Q4 Q1 Q2 2019 2019 2020 2020 For further information and reconciliations between GAAP and as adjusted, see page 9 of this earnings release supplement, notes (1) through (4) in the current earnings release as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. 3

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