BlackRock Results Presentation Deck

Operating Income and Margin, as adjusted 46.9% 47.6% $2,016 $2,025 46.6% $2,107 44.2% 43.7% BlackRock. $1,822 Q2 Q2 Q3 Q4 Q1 2021 2021 2021 2022 2022 Profitability ($ in millions, except per share data) $1,727 Operating Income, as adjusted 42.0% 41.2% $1,585 $1,577 40.4% $1,511 42.5% $1,675 Q3 Q4 Q1 Q2 2022 2022 2023 2023 Operating Margin, as adjusted $10.45 Net Income and EPS, as adjusted $11.34 $1,750 $10.68 $1,650 $1,614 U $9.52 $1,462 $7.36 $1,122 Q3 Q4 Q2 2021 2021 2021 2022 2022 $9.55 Net Income, as adjusted $1,451 $8.93 $1,356 $7.93 $1,200 $9.28 Q1 Q2 Q3 Q4 Q1 Q2 2022 2022 2023 2023 EPS, as adjusted $1,399 For further information and reconciliations to GAAP, see page 10 of this earnings release supplement, notes (1) through (3) to the condensed consolidated statements of income and supplemental information in the current earnings release, as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. Beginning in the first quarter of 2023, the Company updated its definitions of operating income, as adjusted, operating margin, as adjusted, nonoperating income (expense), as adjusted, and net income attributable to BlackRock, Inc. as adjusted, to exclude the compensation expense related to the market valuation changes on certain deferred cash compensation plans, and the related gain (loss) on the economic hedge of these deferred cash compensation plans. 3

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