0001752724-19-001566 Sample Contracts

BLACKROCK MULTI-SECTOR INCOME TRUST (the “Fund”) File No. 811-22774 Item G.1.b.iii: New or amended investment advisory contracts
Master Advisory Fee Waiver Agreement • January 14th, 2019 • BlackRock Multi-Sector Income Trust

This MASTER ADVISORY FEE WAIVER AGREEMENT (this “Agreement”) is made as of the 2nd day of December, 2016, by and among BlackRock Advisors, LLC (the “Adviser”) an “Adviser”) and each investment company listed on Schedule A attached hereto (each, a “Fund”).

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