0001193125-20-321189 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • December 18th, 2020 • BlackRock Funds V • Delaware

This SUB-INVESTMENT ADVISORY AGREEMENT dated May 19, 2020 (this “Agreement”), between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock International Limited, a corporation organized under the laws of Scotland (the “Sub-Advisor”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • December 18th, 2020 • BlackRock Funds V • Delaware

AGREEMENT dated as of November 24, 2020, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock (Singapore) Limited, a company incorporated under the laws of Singapore (“Sub-Adviser”).

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