Mr. Richard E. Cavanagh is a Co-Chairman at Blackrock Science & Technology Trust, a Chairman at BlackRock MuniHoldings New York Quality Fund, Inc., a Co-Chairman at BlackRock Core Bond Trust, a Co-Chairman at BlackRock Enhanced Equity Dividend Trust, a Co-Chairman at BlackRock Municipal 2020 Term Trust, a Co-Chairman at BlackRock Municipal Income Investment Trust, a Co-Chairman at BlackRock MuniHoldings Investment Quality Fund, a Co-Chairman at BlackRock MuniYield California Fund, Inc., a Co-Chairman at BlackRock MuniYield California Quality Fund, Inc., a Co-Chairman at BlackRock MuniYield New Jersey Fund, Inc., a Co-Chairman at BlackRock New York Municipal Income Quality Trust, a Co-Chairman at BlackRock New York Municipal Income Trust II, a Co-Chairman at BlackRock Strategic Municipal Trust, a Co-Chairman at BlackRock MuniVest Fund II, Inc., a Co-Chairman at Blackrock MuniYield Investment Quality Fund, a Principal at Robards & Co. LLC and a Co-Chairman at Blackrock Preferred Partners LLC.

He is on the Board of Directors at Fremont Group LLC, BlackRock Alternatives Allocation FB Portfolio LLC and BlackRock Alternatives Allocation Portfolio LLC. Mr. Cavanagh was previously employed as a Co-Chairman by BlackRock Capital Allocation Term Trust, a Co-Chairman-Trustees Board by BlackRock Health Sciences Trust II, a Co-Chairman by Blackrock 2022 Global Income Opportunity Trust, a Co-Chairman by BlackRock Multi-Sector Income Trust, a Co-Chairman by BlackRock Utilities, Infrastructure & Power Opportunities Tr, a Co-Chairman by BlackRock Resources & Commodities Strategy Trust, a Co-Chairman by BlackRock Taxable Municipal Bond Trust, a Chairman by Blackrock Fixed Income Value Opportunities Trust, a Chairman by BlackRock Core Alternatives TEI Portfolio LLC, a Chairman by BlackRock Enhanced International Dividend Trust, a Chairman by BlackRock California Insured Municipal 2008 Term Trust, Inc., a Chairman by BlackRock California Insured Municipal Income Trust,