2015 ANNUAL REPORT

2015

ANNUAL

REPORT

BlackRock¡¯s foundation, built on a diverse

global investment platform, commitment

to technology and risk management

and a principled fiduciary culture, drives

our ability to anticipate and adapt ahead

of change to create better financial futures

for our clients.

1

GLOBAL INVESTMENT PLATFORM

BLACKROCK¡¯S FOUNDATION BUILT FOR CHANGE

At BlackRock, our goal is to create better financial futures for our

clients ¡ª and their clients ¡ª from institutions, corporations and

governments to individuals planning for retirement and saving for

their children¡¯s college educations.

We do this by providing investment advice and managing investment

strategies across one of the deepest, broadest investment platforms

in the financial services industry.

BREADTH AND DEPTH OF DIVERSE INVESTMENT PLATFORM

BlackRock offers clients a full range of investment solutions across styles, asset classes and

regions, extensive market insights and industry-leading risk management and analytical

capabilities supported by Aladdin.? BlackRock¡¯s investment management teams span Alpha and

Beta Strategies, including fundamental and quantitative equity and fixed income, Multi-Asset,

Alternative and Trading & Liquidity Strategies, with more than 1,800 investment professionals

in more than 25 investment centers around the world.

INDEX & iSHARES?

iSHARES

Chart above reflects mix of assets under management by style, asset class, client type and region.

2

BlackRock¡¯s clients trust us to

manage more money than any other

investment firm in the world. Our

diverse global investment platform

positions us to focus on what our

clients need, when they need it.

Statement above based on

AUM as of 12/31/15.

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