BlackRock Investor Day Presentation Deck

Investment performance Active Fixed Income & Active Equity 1-Year 70% 3-Year 75% 5-Year 73% Index Fixed Income & Index Equity 1-Year 96% 3-Year 98% 5-Year 96% Note: Data as of 3/31/14. Active Fixed Income & Active Equity performance reflects % of assets above benchmark or peer median for the 1-,3- and 5-year periods. Index Fixed Income & Index Equity include ETFs and represents % of assets above or within risk tolerance levels. Past performance is not indicative of future returns. BLACKROCK 6

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