Independent Director BlackRock Multi-Asset Funds

Claire A. Walton is an Independent Director for the BlackRock Multi-Asset Funds and has
served on the Compliance, Performance Oversight and Audit Committees. She has over 35 years
of experience in investment management and was a Founding Partner and COO/CFO of Liberty
Square Asset Management (1998-2015), an Investment Advisor specializing in long/short non-
US equity investments and since 2003 has been an owner and general partner of Neon Liberty
Capital Management, a firm focusing on long/short emerging and frontier markets. Before cofounding
Liberty Square in 1998, Ms. Walton was a portfolio manager and trader for several
organizations with a focus on global equity arbitrage. Ms. Walton received a Bachelor of Science
degree from the University of Maryland in 1978 and an MBA from the Wharton School,
University of Pennsylvania in 1985. She has served on the boards and executive committees of
various non-profits.