0001287695-13-000506 Sample Contracts

BlackRock Funds (the “Registrant”): BlackRock Emerging Market Allocation Portfolio (the “Fund”) 77Q1(e): Copies of any new or amended Registrant investment advisory contracts

Sub-Advisory Agreement • December 24th, 2013 • Blackrock Funds • Delaware

• Contract Type
  Sub-Advisory Agreement
• Filed
  December 24th, 2013
• Company
  Blackrock Funds
• Jurisdiction
  Delaware

Attached please find as an exhibit to Sub-Item 77Q1(e) of Form N-SAR, a copy of the Sub-Advisory Agreement between BlackRock Advisors, LLC and BlackRock Fund Advisors with respect to the Fund