Early Declaration of Regular Distribution Announced for BlackRock Science and Technology Trust

NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Science and Technology Trust (NYSE: BST, CUSIP: 09258G104) (the “Trust”) today announced the early declaration of a regular monthly distribution for July. Shares of the Trust acquired after July 1^st, 2021 will not be entitled to the distribution. We expect that the Trust will declare its August distribution on August 2^nd, 2021.

Declaration- 6/9/2021 Ex-Date- 7/2/2021 Record- 7/6/2021 Payable-7/30/2021

Fund	Ticker	Distribution	Change From Prior Distribution
BlackRock Science and Technology Trust*	BST	$0.226000	-

* In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), the Trust posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2021 will be made after the end of the year.

The Trust has adopted a managed distribution plan (the “Plan”) and employs an option over-write policy to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of the Trust’s Board of Trustees. Under the Plan, the Trust will distribute all available investment income to its shareholders, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient investment income is not available on a monthly basis, the Trust will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution.

The estimated sources of the Trust’s distribution as of June 8, 2021 and for its current fiscal year are as follows:

Estimated Allocations as of June 8, 2021
Trust	Distribution	Net Income	Net Realized Short- Term Gains	Net Realized Long- Term Gains	Return of Capital
BST	$0.226000	$0 (0%)	$0.032632 (14%)	$0.193368 (86%)	$0 (0%)

Estimated Allocations for the Fiscal Year through June 8, 2021
Trust	Distribution	Net Income	Net Realized Short- Term Gains	Net Realized Long- Term Gains	Return of Capital
BST	$1.052000	$0 (0%)	$0.032632 (3%)	$1.019368 (97%)	$0 (0%)

The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Trust’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Trust will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Trust Performance and Distribution Rate Information:
Trust	Average annual total return (in relation to NAV) for the 5-year period ending on 5/31/2021	Annualized current distribution rate expressed as a percentage of NAV as of 5/31/2021	Cumulative total return (in relation to NAV) for the fiscal year through 5/31/2021	Cumulative fiscal year distributions as a percentage of NAV as of 5/31/2021
BST	30.76%	5.18%	2.53%	1.58%

Shareholders should not draw any conclusions about the Trust’s investment performance from the amount of the Trust’s current distributions or from the terms of the Plan.

The amount distributed per share under the Plan is subject to change at the discretion of the Trust’s Board. The Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of the Plan or suspend or terminate the Plan at any time without prior notice to the Trust’s shareholders if it deems such actions to be in the best interest of the Trust or its shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Trust’s shares.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Forward-Looking Statements

This press release, and other statements that BlackRock or the Trust may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Trust or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

With respect to the Trust, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Trust or in the Trust’s net asset value; (2) the relative and absolute investment performance of the Trust and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to the Trust or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

Annual and Semi-Annual Reports and other regulatory filings of the Trust with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Trust. The information contained on BlackRock’s website is not a part of this press release.