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