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Entry Into a Material Definitive

On April8, 2016, BlackRock, Inc. (BlackRock) and certain of its subsidiaries entered into Amendment No.5 (Amendment No.5) to its Five-Year Revolving Credit Agreement, dated as of March10, 2011, as amended by Amendment No.1 thereto, dated as of March30, 2012, Amendment No.2 thereto, dated as of March28, 2013, Amendment No.3 thereto, dated as of March28, 2014 and Amendment No.4 thereto, dated as of April2, 2015 (the Existing Credit Agreement), with Wells Fargo Bank, National Association, as administrative agent, swingline lender, issuing lender, L/C agent and a lender, and the banks and other financial institutions referred to therein.

Among other things, Amendment No.5 (i)extends the maturity date (the Maturity Date) of the Revolving Facility to March31, 2021 without utilizing BlackRocks option to request extensions of the Maturity Date available under the Existing Credit Agreement, (ii)adds Citibank, N.A. as an additional swingline lender, (iii)increases the size of the swingline subfacility to $410,000,000 and (iv)amends certain of the financial...