BlackRock Investor Conference Presentation Deck

Platform delivering strong and consistent results Long-Term Organic AUM Growth (¹) Adjusted EPS Growth (1) (1) Mean (1) 3.4% BLK 23.5% (0.7%) 3.9% 18.2% 2.3% 13.0% (2.0%) A B C D 6.7% DE F 21.9%21.3% (0.1%) 29.4% 26.8% Standard Deviation(1) 1.3% 3.5% 4.0% 3.9% 4.1% 8.4% BLK A B C D E F 6.2% 9.6% 9.7% 5.5% 1 31.7% 3.2% 13.9% 25.2% BLK A B C D E F BLK A B C D E F Represents the average of publicly-traded traditional asset management peers and excludes BLK. Mean and standard deviation of growth rates over last 8 quarters. EPS growth represents quarterly YoY growth from 4Q12-3Q14 (inclusive). Long-term organic AUM growth represents quarterly annualized organic growth from 4Q12 - 3Q14 (inclusive). BLACKROCK® Note: Average results for the last 8 quarters for BLK and its 7 largest US publicly traded traditional peers. For further information and reconciliation between GAAP and as adjusted, see notes (1) through (5) in the current earnings release as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. 5

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