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Fund | | Advisory Fee Waiver | | Last Day of Term |
| iShares MSCI Emerging Markets ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | December 31, 2015 |
| iShares MSCI All Country World Minimum Volatility ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | December 31, 2015 |
| iShares MSCI All Country World Minimum Volatility ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.20%. | | December 31, 2015 |
| iShares MSCI Global Agriculture Producers ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | December 31, 2015 |
| iShares MSCI Global Metals & Mining Producers ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | December 31, 2015 |
| iShares Core MSCI Emerging Markets ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | December 31, 2015 |
| iShares MSCI Emerging Markets Minimum Volatility ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.25%. | | December 31, 2015 |
| iShares Emerging Markets Dividend ETF | | With respect to the Fund, an amount equal to the aggregate Acquired Fund Fees and Expenses (as defined by the SEC in the instructions to form N-1A), if any, attributable to investments by the Fund in other series of iShares Trust, iShares, Inc. and iShares MSCI Russia Capped ETF, Inc. | | August 31, 2015 |
| iShares Emerging Markets Dividend ETF | | With respect to the Fund, any additional portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | | August 31, 2015 |
| iShares MSCI Emerging Markets Asia ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | | December 31, 2015 |
| iShares MSCI Emerging Markets EMEA ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | | December 31, 2015 |
| iShares MSCI Emerging Markets Growth ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | | December 31, 2015 |
| iShares MSCI Emerging Markets Value ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.49%. | | December 31, 2015 |
| iShares Global ex USD High Yield Corporate Bond ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | | February 28, 2015 |
| iShares Global High Yield Corporate Bond ETF | | With respect to the Fund, any portion of its management fee necessary so as not to exceed a net total expense ratio of 0.40%. | | February 28, 2015 |
