Growth and Transition Strategy Update

BlackRock's platform improves clients' access to investments and unlocks multiple trillion-dollar growth opportunities 01 Increase investment access for tens of millions of people by making iShares central on digital wealth platforms. 02 Enable wealth and asset manager CIOs to build and customize managed models with iShares and BlackRock ETFs. 03 Modernize the bond market by unlocking client use cases for fixed income ETFs to generate returns more efficiently. Triple ETF assets in digital wealth to $1T by 2030¹ Generate a majority of ETF flows through models¹ Triple fixed income ETF assets to $2.5T by 2030¹ Note: For footnoted information, refer to slide 54. BlackRock 48

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