UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

 

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BLACKROCK SCIENCE AND TECHNOLOGY TERM TRUST

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LOGO

Your Vote Matters BlackRock Science and Technology Term Trust (NYSE: BSTZ) BSTZ’s annual meeting will now take place on July 16 We are very close to receiving enough votes to hold the annual meeting. Your Board consistently takes actions that enhance the value of your investment: 29% Total shareholder returns since 2023, far outpacing peers1 $118m Value generated for shareholders through 9% discount improvement2 10%Additional annual liquidity at NAV through discount management program3 Vote now: FOR the Board’s Class II Board Member Nominees AGAINST Saba’s proposal to terminate BlackRock as BSTZ’s investment manager How to vote: Vote online today to make your voice heard BEFORE the meeting on July 16.Vote Now www.proxyvote.com If you have any questions about the proposal to be voted, please feel free to contact Georgeson LLC (“Georgeson”), toll free at 1-866-529-3057 Important information about the Fund This material is not an advertisement and is intended for existing shareholder use only. This document and the information contained herein relates solely to BlackRock Science and Technology Term Trust (BSTZ). The information contained herein does not relate to, and is not relevant to, any other fund or product sponsored or distributed by BlackRock or any of its affiliates. This document is not an offer to sell any securities and is not a solicitation of an offer to buy any securities. Common shares for the closed-end fund identified above are only available for purchase and sale at current market price on a stock exchange. A closed-end fund’s dividend yield, market price and NAV will fluctuate with market conditions. The information for this Fund is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends. The market value and net asset value (NAV) of a fund’s shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount. © 2024 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK is a trademark of BlackRock, Inc., or its affiliates. All other trademarks are those of their respective owners. 1 Morningstar as of 5/31/2024; Total shareholder return on price annualized for periods longer than 1 year (assumes dividends are reinvested); Benchmark is the MSCI custom ACWI SMID Growth IT Call Overwrite Index (ex-BSTZ) 2 12/31/2022 – 5/31/2024; Morningstar/BlackRock data as of 5/31/2024 3 If the fund’s common shares trade at a discount of more than 7.5% during each of the quarters ended 6/30/24, 9/30/24, 12/31/24 and 3/31/25, the fund intends to offer to repurchase 2.5% of its outstanding common shares at a price equal to 98% of NAV following the end of the applicable quarter. Figure assumes that a tender offer is triggered for each of the quarters listed above.


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