Investing in Strategic Growth Drivers and Accelerators

IRH0621U/M-1675207-1/171 Opportunities for innovation that will drive future growth for BlackRock 1 China 2 Sustainability By 2050, 330M Chinese people will be 65 or older. China is also facing a contracting labor force and underfunded state pensions.1 Our ability to help address the challenge of retirement for millions of people in China is a significant long term growth opportunity for BlackRock. Demand for ESG solutions in retirement products will continue to grow. We are rapidly expanding our LifePathⓇ ESG footprint. Today, 53% of our UK LifePath AUM is ESG screened or optimized versus 17% in 2019. Note: For footnoted information, refer to slide 110. BlackRock 107

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