BlackRock registers up to 12M shares for HPS acquisition-related SubCo Unit redemptions

BlackRock, Inc.

Up to 12,035,866 shares of common stock registered for issuance upon redemption of SubCo Units from HPS Investment Partners acquisition.
Includes 7,606,927 shares for initial SubCo Units issued at closing (July 1, 2025) and up to 4,428,939 shares for deferred consideration units.
SubCo Units redeemable after one-year anniversary of closing (or upon issuance for deferred units) for one share of common stock or cash at Subco's option.
Company expects to elect direct exchange of common stock for SubCo Units, using the registered shares.

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