BlackRock (BLK) AGM 2025 summary

Opening remarks and agenda

• The meeting was opened by the Chairman and CEO, followed by an outline of the agenda, including official business items, voting, and a Q&A session for shareholders.

Financial performance review

• Achieved record net inflows of $641 billion in 2024, with double-digit growth in revenues, operating income, and EPS.

• Expanded operating margins by over 280 basis points, with continued momentum into Q1 2025.

• Organic base fee growth reached 6%, marking the best start to a year since 2021.

Board and executive committee updates

• All 18 director nominees received strong support, averaging over 98% approval.

• Board and executive committee members, along with Deloitte and the Inspector of Election, were present.