Exhibit 4(b)
SCHEDULE A
| Fund |
Average Daily Net Assets |
Advisory Fee Rate |
||||
| BlackRock U.S. Carbon Transition Readiness ETF |
First $1 billion | 0.30 | % | |||
| $1 billion - $3 billion | 0.28 | % | ||||
| $3 billion - $5 billion | 0.27 | % | ||||
| $5 billion - $10 billion | 0.26 | % | ||||
| Greater than $10 billion | 0.25 | % | ||||
| BlackRock World ex U.S. Carbon Transition Readiness ETF |
First $1 billion | 0.35 | % | |||
| $1 billion - $3 billion | 0.33 | % | ||||
| $3 billion - $5 billion | 0.32 | % | ||||
| $5 billion - $10 billion | 0.30 | % | ||||
| Greater than $10 billion | 0.29 | % | ||||
| iShares A.I. Innovation and Tech Active ETF |
0.65 | % | ||||
| iShares Defense Industrials Active ETF |
0.55 | % | ||||
| iShares Disciplined Volatility Equity Active ETF |
First $1 billion | 0.40 | % | |||
| $1 billion - $3 billion | 0.38 | % | ||||
| $3 billion - $5 billion | 0.36 | % | ||||
| $5 billion - $10 billion | 0.35 | % | ||||
| Greater than $10 billion | 0.34 | % | ||||
| iShares Dynamic Equity Active ETF |
First $1 billion | 0.40 | % | |||
| $1 billion - $3 billion | 0.38 | % | ||||
| $3 billion - $5 billion | 0.36 | % | ||||
| $5 billion - $10 billion | 0.35 | % | ||||
| Greater than $10 billion | 0.34 | % | ||||
| iShares Enhanced Emerging Markets Active ETF |
0.35 | % | ||||
| iShares Enhanced International Active ETF |
0.27 | % | ||||
| iShares Enhanced Large Cap Core Active ETF |
0.22 | % | ||||
| iShares Enhanced Short-Term Bond Active ETF (f/k/a BlackRock Enhanced Short-Term Bond ETF) |
0.20 | % | ||||
| iShares FinTech Active ETF (f/k/a BlackRock Future Financial and Technology ETF) |
First $3 billion | 0.66 | % | |||
| $3 billion - $5 billion | 0.63 | % | ||||
| $5 billion - $10 billion | 0.61 | % | ||||
| Greater than $10 billion | 0.60 | % | ||||
| iShares Flexible Equity Active ETF |
0.40 | % | ||||
| iShares Government Money Market ETF |
0.20 | % | ||||
| iShares Health Innovation Active ETF (f/k/a BlackRock Future Health ETF) |
First $5 billion | 0.77 | % | |||
| $5 billion - $10 billion | 0.74 | % | ||||
| Greater than $10 billion | 0.72 | % | ||||
| iShares Infrastructure Active ETF |
0.60 | % | ||||
| iShares International Country Rotation Active ETF |
0.55 | % | ||||
| iShares International Dividend Active ETF (f/k/a BlackRock International Dividend ETF) |
First $1 billion | 0.60 | % | |||
| $1 billion - $3 billion | 0.56 | % | ||||
| $3 billion - $5 billion | 0.54 | % | ||||
| $5 billion - $10 billion | 0.52 | % | ||||
| Greater than $10 billion | 0.51 | % | ||||
| iShares International Equity Factor Rotation Active ETF |
0.45 | % | ||||
| iShares Large Cap Core Active ETF (f/k/a BlackRock Large Cap Core ETF) |
First $1 billion | 0.38 | % | |||
| $1 billion - $3 billion | 0.36 | % | ||||
| $3 billion - $5 billion | 0.34 | % | ||||
| $5 billion - $10 billion | 0.33 | % | ||||
| Greater than $10 billion | 0.32 | % | ||||
| iShares Large Cap Growth Active ETF (f/k/a BlackRock Large Cap Growth ETF) |
0.55 | % | ||||
| iShares Large Cap Value Active ETF |
0.45 | % | ||||
| iShares Managed Futures Active ETF |
0.80 | % | ||||
| iShares Nasdaq Premium Income Active ETF |
0.35 | % | ||||
| iShares Prime Money Market ETF |
0.20 | % | ||||
| iShares Systematic Alternatives Active ETF |
0.99 | % | ||||
| iShares Technology Opportunities Active ETF |
0.77 | % | ||||
| iShares U.S. Equity Factor Rotation Active ETF (f/k/a BlackRock U.S. Equity Factor Rotation ETF) |
First $1 billion | 0.30 | % | |||
| $1 billion - $3 billion | 0.28 | % | ||||
| $3 billion - $5 billion | 0.27 | % | ||||
| $5 billion - $10 billion | 0.26 | % | ||||
| Greater than $10 billion | 0.25 | % | ||||
| iShares U.S. Industry Rotation Active ETF (f/k/a BlackRock U.S. Industry Rotation ETF) |
First $1 billion | 0.42 | % | |||
| $1 billion - $3 billion | 0.39 | % | ||||
| $3 billion - $5 billion | 0.38 | % | ||||
| $5 billion - $10 billion | 0.37 | % | ||||
| Greater than $10 billion | 0.35 | % | ||||
| iShares U.S. Large Cap Premium Income Active ETF (f/k/a iShares Advantage Large Cap Income ETF) |
0.35 | % | ||||
| iShares U.S. Select Equity Active ETF (f/k/a iShares Long-Term U.S. Equity Active ETF) |
First $1 billion | 0.75 | % | |||
| $1 billion - $3 billion | 0.71 | % | ||||
| $3 billion - $5 billion | 0.68 | % | ||||
| $5 billion - $10 billion | 0.65 | % | ||||
| Greater than $10 billion | 0.63 | % | ||||
| iShares U.S. Thematic Rotation Active ETF (f/k/a BlackRock Future U.S. Themes ETF) |
First $1 billion | 0.60 | % | |||
| $1 billion - $3 billion | 0.56 | % | ||||
| $3 billion - $5 billion | 0.54 | % | ||||
| $5 billion - $10 billion | 0.52 | % | ||||
| Greater than $10 billion | 0.51 | % | ||||
Amended May 11, 2026