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Governance

Board Diversity at BlackRock

BlackRock’s Board of Directors believes diversity on the Board is critical to the success of BlackRock and the company’s ability to create long-term value for its shareholders. The diverse backgrounds of our individual directors help the Board better oversee BlackRock’s management and operations and assess risk and opportunities for the company’s business model from a variety of perspectives. BlackRock’s commitment to Board diversity enhances the Board’s involvement in our company’s multifaceted long-term strategy and inspires deeper engagement with management, employees and clients around the world.

Our current Board consists of 17 members, 15 of whom are independent. The Board includes five women and seven Directors who are non-U.S. or dual citizens. Four of our 15 independent directors self-identify as racially/ethnically diverse, with one as Black/African American, one as Hispanic/Latin American and two as Middle Eastern/North African. Several of our Board members live and work overseas in countries and regions that are key areas of growth and investment for BlackRock, including Canada, Mexico, the Middle East and Europe.

As BlackRock’s businesses have evolved, so has its Board of Directors. Today, our Board consists of senior leaders (including 14 current or former company CEOs) with substantial experience in financial services, consumer products, manufacturing, technology, pharmaceuticals, banking and energy, and several individuals who have held senior policy or government positions. Nearly 50% of BlackRock’s directors have joined the Board in the past five years, reflecting the company’s commitment to continually evolving and benefiting from fresh perspectives.

To learn more about our Board of Directors, we encourage you to visit http://ir.blackrock.com/governance/board-of-directors.