Net Asset Value(s)

NET ASSET VALUE BLACKROCK FRONTIERS INVESTMENT TRUST PLC5493003K5E043LHLO706 The unaudited net asset values for BlackRock Frontiers Investment Trust PLC atclose of business on 8 February 2021 were: 168.04c Capital only USD (cents)122.28p Capital only Sterling (pence)169.17c Including current year income USD (cents) XD123.10p Including current year income Sterling (pence) XD Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payablededucted on the ex-dividend date. 3. Following the buyback of 35,000 ordinary shares on 17th September2020, the Company has 241,210,518 ordinary shares in issue, excluding 612,283which are held in treasury