BlackRock Investor Day Presentation Deck

End notes These notes refer to the financial metrics and/or defined term presented on: Slide 22 BlackRock's outsourcing platform 1. AUM as of 3/31/23. Insurance assets represent AUM associated with insurance mandates greater than $5B in assets. 2. Mega mandates reflect client outsourcing assignments greater than $5B over last for 1, 3 and 5 year periods ending 3/31/23. Slide 25 - Whole portfolio outsourcing is growing faster than the industry 1. Sources: Cerulli for Wealth SMAS, as of Q2 2022; P&I for OCIO, as of 1Q22; Morningstar for U.S. unaffiliated models, as of Q1 2022. Does not include Wealth Solutions due to lack of data availability. BlackRock 29

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