BlackRock Investor Conference Presentation Deck

Inorganic investments accelerate growth and support strategic initiatives Tactical acquisitions BLACKROCK KELSO CAPITAL -2 Infraestructura Institucional FutureAdvisor Ⓡ BLACKROCK® BofA Global Capital Management FIRST RESERVE Energy Infrastructure CACHEMATRIX Ⓡ citibanamex Asset Management TCP TENNENBAUM CAPITAL PARTNERS Strategic minority investments Note: Citibanamex asset management acquisition is expected to close in the second half of 2018. iCapital NETWORK ℗ scalable .CAPITAL acorns BI10918U-599462-1868978 9

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