BlackRock Results Presentation Deck slide image

BlackRock Results Presentation Deck

2% 2% $50 $6 $44 Q4 2018 10% $81 2% 1% $65 $6 $59 Q1 2019 9% $31 4% 2% $125 Q2 2019 Long-term $151 $26 10% Total BlackRock $36 5% 3% $84 $32 $52 7% 5% $42 $129 $30 Cash $99 10% 11% 6% 4% $75 $14 Q3 Q4 Q1 2019 2019 2020 iShares ETFs $35 $53 ($19) 9% $14 Q4 Q3 Q4 Q1 Q2 Q1 2018 2019 2019 2019 2019 2020 5% 5% $100 $3 $24 Advisory $62 Q2 2020 9% $51 Net flows ($ in billions) 6% 7% $129 $28 $98 Q3 2020 9% $41 Q2 Q3 2020 2020 5% 7% $127 $9 $116 Q4 2020 8% $79 Q4 2020 $2 3% $(3) Q4 2018 (2)% $(8) $(27) Q4 2018 0% (1)% 0% $2 $14 $15 2% Retail Long-term $14 0% $73 $7 Institutional Active 3% $8 $(4) 3% $(1) $(2) Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2019 2019 2019 2020 2020 2020 2020 Institutional Long-term Q1 Q2 Q3 2019 2019 2019 $8 4% $1 $15 2% Q4 2019 4% 2% $16 0% 6% $20 11 $(2) $3 $(29) $(8) 0% Institutional Index $7 $30 10% Q1 Q2 Q3 2020 2020 2020 $35 0% $1 $1 Q4 2020 LTM organic base fee growth rate (%) LTM organic asset growth rate (%) Note: LTM organic asset growth rate measures rolling last twelve months net flows over beginning of period assets. LTM organic base fee (ex. securities lending) growth rate is calculated by dividing net new base fees earned on net asset inflows for the LTM period by the base fee run-rate at the beginning of the period. BlackRock. 2
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