BlackRock Equity Index T

1 Release Date: 12-31-2021 BlackRock Equity Index T ..BenchmarkOverall Morningstar Rating Morningstar ReturnMorningstar RiskRussell 1000 TR USDQQQQQHighAverageOut of 1244 large Blend investments. An investment's overall Morningstar Rating, based on its risk-adjusted return, is aweighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure page for InformationInvestment Objective & StrategyThe Fund is an " Index fund" that seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of its Underlying Index (defined below).The Fund is a collective investment trust maintained and managed by BlackRock institutional Trust Company, ("BTC").The Fund shall be invested and reinvested in a portfolio of Equity securities with the objective of approximating as closely as practicable the capitalization weighted total rate of return of that segment of the market for publicly traded Equity securities represented by the larger capitalized companies.

2 The criterion for selection of investments shall be the S&P 500 Index (the "Underlying Index ").BTC uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many funds, the Fund does not try to outperform the Index it seeks to track and does not seek temporary defensive positions when markets decline or appear overvalued. Fees and Expensesas of 04-07-20 Expense Annual Operating Exp per $1000$ Sales Manager(s)Management and ManagementInception Date12-18-97 Management CompanyBlackRock institutional TrustCompany NATelephone800-441-7762 Web institutional TrustCompany NACategory Description: large BlendLarge-blend portfolios are fairly representative of the overallUS stock market in size, growth rates and price. Stocks in thetop 70% of the capitalization of the US Equity market aredefined as large cap. The blend style is assigned to portfolioswhere neither growth nor value characteristics portfolios tend to invest across the spectrum of USindustries, and owing to their broad exposure, the portfolios'returns are often similar to those of the S&P 500 And RiskLowModerateHighInvestmentCategoryBes t 3 Month ReturnWorst 3 Month (Mar '09 - May '09)(Sep '08 - Nov '08)Performance as of 12-31-21102030400-10-20-30 YTDYTDYTDYTDYTDYTDT otal Return % as of 12-31-21 InvestmentBenchmarkAverage annual, if greaterthan 1 yearYTD1 Year3 Year5 Year10 YearSince Return % Return % Average %The performance data quoted reflects past performance.

3 Past performance does not guarantee future results. Theinvestment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may beworth more or less than their original cost. Current performance may be lower than the performance data quoted. For themost recent month end performance information, please call 1-800-922-9945, or visit AnalysisComposition as of 12-31-21% Equity Style Box as of 12-31-21% Market CapLargeMidSmallValue Blend 10 Holdings as of 12-31-21% AssetsApple Inc Class Inc Class Platforms Inc Class Hathaway Inc Class Group Number of Stock Holdings506 Total Number of Bond Holdings0 Turnover Ratio % Assets ($mil)1, Sectors as of 12-31-21% Fundh Basic Consumer Financial Real Communication Consumer Risks For more information on the risks presented, please refer to Fund Risk 1, Equity Investment Risk, Securities Lending Risk 1, Derivatives Risk 1, large -Capitalization Companies RiskBTEXF 2022 Morningstar, Inc.

4 , Morningstar Investment Profiles 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary toMorningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstarnor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of futureperformance. Visit our investment website at