Group 1 - The Board of Trustees of BlackRock Health Sciences Term Trust (BMEZ), BlackRock Science and Technology Term Trust (BSTZ), and BlackRock Technology and Private Equity Term Trust (BTX) approved updates to each Fund's managed distribution plan [1] - The changes will take effect with the October 2025 distribution, transitioning from a floating rate distribution to a level rate distribution [1] - The specific monthly rates for the level rate distribution will be provided in the updates [1]

Group 1 - The BlackRock Technology and Private Equity Term Trust (NYSE: BTX) has faced significant pressure recently, primarily due to a selloff in small to mid-cap technology stocks [1] - The closing market price of BTX is reported at $7.11 [1] Group 2 - Closed-End Funds (CEFs) are characterized as both exhilarating and frustrating investment vehicles, necessitating a steady approach during market fluctuations [2] - The importance of having a calm and knowledgeable guide during volatile market periods is emphasized [2]