BlackRock Results Presentation Deck

$2,779 $79 Quarterly investment advisory, administration fees and securities lending revenue ($ in millions) Q4 2019 compared to Q4 2018 $64 Q4 2018 iShares Alts ETFs EQ BlackRock. $53 $26 9 $310 $25 $19 $18 $17 $9 $3,089 iShares Cash Active Non-ETF Active Non-ETF Multi- Q4 2019 ETFs FI EQ EQ FI Asset FI $2,980 $34 Q4 2019 compared to Q3 2019 $23 $14 $12 $109 $12 $8 $7 $4 $(5) $3,089 Q3 2019 iShares Alts Non-ETF Active Cash Multi- iShares Non-ETF Active Q4 2019 ETFs EQ Asset ETFs FI EQ FI EQ FI 7

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