BLK BlackRock Inc

BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK), is announcing that the iShares Convertible Bond Index ETF (the “iShares ETF”) is expected to experience higher than normal portfolio turnover as a result of upcoming changes to the composition of the FTSE Canada Convertible Bond Index (the “Index”). The iShares ETF seeks to replicate the performance of the Index, net of expenses. The composition of the Index will be changing as part of its regularly scheduled rebalance on January 31, 2025 (the “Rebalance”). As a result of the Rebalance, the iShares ETF may experience higher than normal transaction costs. The iShares ETF is not expected to realize any net capital gains as a result of the Rebalance.

On November 7, 2024, FTSE Global Debt Capital Markets Inc. (“FTSE”), the index provider of the Index, announced that (1) the sector classification schema used for the sector weight capping at each rebalance of the Index will follow the Refinitiv Business Classification, and (2) the Index will follow the holiday calendar as published by the Toronto Stock Exchange. FTSE published the official Index proforma on January 24, 2025, confirming the impact of the Index changes.

For more information about the iShares Fund, please visit www.blackrock.com/ca.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

About iShares

iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.2 trillion in assets under management as of December 31, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

The ETF is not in any way sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). The LSE Group does not accept any liability whatsoever to any person arising out of the use of the ETF or the underlying data.

“FTSE®” and “FTSE Russell®” are trademarks of the relevant LSE Group company and are used by any other LSE Group company under license.

Contact for Media: Sydney Punchard Email: Sydney.Punchard@blackrock.com