Paul Louis Audet — - at BlackRock

Mr. Paul Louis Audet serves as the President of International Dollar Reserve Fund I, Ltd. Mr. Audet is the Founder and Managing Member of Symmetrical Ventures LLC. He served as a Senior Managing Director of Blackrock Financial Management Inc. until 2014 and served as its Chief Financial Officer and Managing Director. Mr. Audet served as the Managing Director at BlackRock Institutional Management Corporation. He served as a Senior Advisor and Head of Cash Management Business at Blackrock, Inc. since June 2008 and from October 1, 2005 to 2010, respectively and also served as its Head of Cash Management and Real Estate Business since June 2008, Senior Managing Director, Head of Real Estate Business from 2008 to 2011, Managing Director from 1998 to October 1, 2005 and Chief Financial Officer from March 28, 2007 to June 26, 2008 and from 1998 to October 1, 2005. He served as the President of Blackrock Muniholdings Investment Quality Fund, Blackrock Muniyield Investment Fund, Blackrock Muniyield Investment Quality Fund and Blackrock Muniyield Pennsylvania Quality Fund. He served as the Chief Financial Officer of PNC Financial Services Group Inc. He served as Senior Vice President of Finance at PNC Bank Corp., from 1991 to 1992. He served as a Director of Mergers and Acquisitions for PNC Financial Services Group since 1994. He served as Vice President of PNC Bank Crop. He served as Senior Vice President of First Fidelity Bancorporation, responsible for mergers and acquisitions functions from 1986 to 1991. He has also worked with Price Waterhouse & Co. and PaineWebber, Inc. Mr. Audet began his professional career in 1977 at PricewaterhouseCoopers. He has extensive experience in the investment management industry, finance and asset management. He serves as the Chairman of International Dollar Reserve Fund I, Ltd. He served as a Vice Chairman of BlackRock, Inc. since June 2008. He has been an Independent Director of AllianceBernstein Corporation at AllianceBernstein Holding L.P. since November 14, 2017. He serves as an Interested Trustee at BlackRock Commodity Strategies Fund and various funds in the fun complex of BlackRock Funds. Mr. Audet joined BlackRock, Inc. in 1998. He served as a Director of BlackRock Advisors, LLC. He served as a Trustee of various funds in the fund complex of BlackRock Funds until December 31, 2014. Mr. Audet earned a B.A. degree, Cum Laude in Economics and Accounting from Rutgers University in 1977.