All Incumbent Trustees Will Remain in Place

Shareholders Rejected Proposal to Terminate BlackRock as ECAT Investment Adviser

BlackRock Advisors, LLC (“BlackRock”) announced today the final certified voting results of the 2025 Annual Meeting of Shareholders (the “Annual Meeting”) of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (the “Fund”). All ten of ECAT’s unanimously Board approved Nominees standing for re-election, Cynthia L. Egan, Lorenzo A. Flores, Stayce D. Harris, Catherine A. Lynch, R. Glenn Hubbard, W. Carl Kester, John M. Perlowski, Robert Fairbairn, J. Phillip Holloman and Arthur P. Steinmetz, will continue to serve on the Board. Shareholders also rejected a shareholder proposal to terminate BlackRock as investment adviser of the Fund.

“We thank shareholders for their ongoing support for ECAT’s Board and management team. We are proud of our track record of strong performance and consistent distributions, and we are committed as ever to keep delivering for all shareholders and helping them achieve their long-term financial goals,” said R. Glenn Hubbard, Chair of the Board of BlackRock ESG Capital Allocation Term Trust.

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