U.S. Debt Index Non-LendableFund F, Equity Index Non .

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Appendix Ito North Carolina Supplemental Retirement Plans Placement Agent. PoliticalContribution, and Connection Disclosure PolicyForm Disclosure Letter for Investment ManagersFrom: The Investment Manager listed belowTo:North Carolina Department of State Treasurer and North Carolina Supplemental RetirementBoard of Trustees3200 Atlantic AvenueRaleigh. North Carolina 27604Re:Disclosure Letter pursuant to Placement Agent and Political Contribution, andConnection Disclosure PolicyLadies and Gentlemen:Under the Placement Agent, Political Contribution, and Connection Disclosure Policy (the“Policy”) adopted by the North Carolina Supplemental Retirement Board of Trustees (the “Board”), theBoard requires Investment Managers and Placement Agents to make disclosures at certain times specifiedby the Policy. Pursuant to and in accordance with the Policy, the undersigned Investment Manager herebymakes the following disclosures. Capitalized terms not otherwise defined in this Disclosure Letter have thesame meanings as specified in the Policy.1.Basic InformationName ofManager:InvestmentBlackRock Institutional Trust Company, NA.This letter is submitted in connection with the below-listed Investment Transaction.List below the izanie of the fund or separate account in ii?zzch the Plans are investing. For investment,naiiaemezzt agreements, list the name oft/IL’ investment stratep’.U.S. Debt Index Non-Lendable Fund F, Equity Index Non-Lendable Fund F,Russell 2500 Index Non-Lendable Fund F, BlackRock MSCI ACWI ex-U.S. IndexNon- Lendable Fund F, Russell 1000 Index Non-Lendable Fund FThis form is submitted in connection with an amendment to the Investment Agreement or aproposed consent to amend the Investment Agreement. If this box is checked, provide responses on thisform based on the amenthnent, not based on the original contract.This form is an update to a previously submitted disclosure letter.Placement ii gull! Polici’I3

2.Disclosures and Representations Concerning Placement Agenta.Use of Placement AgentCheck the appropriate box.The Investment Manager (or any officer, partner, principal, or affiliate thereof) (a) has used orCompensated, or will use or Compensate, a Placement Agent to assist the Investment Manager inobtaining this investment; or (b) has Compensated, or will Compensate, the Placement Agent,directly or indirectly, from the Plans’ investment.See the definition oJ “Placement Agent’ in Section X of the Policy. Please he cm’are i/rat thisdefinition includes (without li,,,itaiio,r,J not only persons who hold tiwniseh’es out as ‘‘placementagents, hut also lobbyists, solicitors, brokers, meeting arrangers, or a?)’ other en! ities or personsi/rat are either 0,) engaged to obtain iniest,nent fiom the Flairs or (ii,) directly or mdn’ectlj’compensatedfrom 1/re Plans or tire Plans urvestme,rt.‘‘fl Yesb.RepresentationsThe Investment Manager hereby confinns and represents:The Placement Agent is registered with the Securities and Exchange Commissionor the Financial Industry Regulatory Association;ii.The individual officers, partners, principals, employees, or other representatives ofiii.the Placement Agent hold all required securities licenses:No placement fee has been, or will be. shared with any person or entity not soregistered:iv.vi.The Placement Agent is in the habitual systematized business of acting as aPlacement Agent;Other than as disclosed in this document. no Placement Agent is being, or will be,used or Compensated. directly or indirectly, to assist the Investment Manager inobtaining investments from, or business with, any of the Plans; andThe Investment Manager. not the Department. the Board, or the Plans, shall bearthe entire cost of all Placement Agent fees and expenses disclosed in thisdocument.c.Placement Agent InformationThe name of the Placement Agent is:ii.Is the Placement Agent an affiliate or employee of the Investment Manager?EYesCNoNote that the definition of ‘‘P

U.S. Debt Index Non-LendableFund F, Equity Index Non-Lendable Fund F, Russell 2500 Index Non-LendableFund F, BlackRock MSCI ACWI ex-U.S. Index Non-Lendable Fund F, Russell 1000 Index Non-Lendable Fund F This form is submitted in connection with an amendment to the Investment Agreement or a proposed consent to amend the Investment Agreement.

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