0001193125-21-063376 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • March 1st, 2021 • BlackRock Funds V • Delaware

This SUB-INVESTMENT ADVISORY AGREEMENT dated February 26, 2021 (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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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 1st, 2021 • BlackRock Funds V • Delaware

AGREEMENT made as of February 26, 2021 between CAYMAN STRATEGIC INCOME OPPORTUNITIES PORTFOLIO II, LTD., a Cayman Islands exempt company (the “Fund”), and BLACKROCK ADVISORS, LLC, a Delaware limited liability company (the “Adviser”).

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SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • March 1st, 2021 • BlackRock Funds V • New York

This SUB-INVESTMENT ADVISORY AGREEMENT dated February 26, 2021, among Cayman Strategic Income Opportunities Portfolio II, Ltd., a Cayman Islands exempted company (the “Fund”), BlackRock Advisors, LLC, a Delaware limited liability company (the “Adviser”), and BlackRock (Singapore) Limited, a corporation organized under the laws of Singapore (the “Sub-Adviser”).

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