BlackRock Investor Day 2021

Effectively using our balance sheet to support future growth Revenue from seeded & co-invested funds ($B)¹ $0.8 $2.5² +207% $3.1 Portfolio value ($B)¹ Economic seed Co-investment, including +121% unfunded commitments $1.6 $1.4 $0.6 $1.5 $0.8 2015 2020 Note: For footnoted information, refer to slides 140-141. BlackRock IRH0621U/M-1675207-1/171 132

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