Company: BSTZ
Filing Date: 2025-01-23
Form Type: SC TO-I
Source: 0001193125-25-011489
Chunk: 3

Company: BlackRock Science & Technology Term Trust
Filing Date: 2025-01-23
Form: SC TO-I
Chunk 3
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 is incorporated herein by reference.

| Item 5. | Past Contracts, Transactions, Negotiations and Agreements |

(e) The information set forth in the Offer to Purchase under “Purpose of the Offer,” “Plans or Proposals of the Fund,” “Interests of Trustees and Officers; Transactions and Arrangements Concerning the Shares” and “Certain Information about the Fund” is incorporated herein by reference. As described in the Supplement No. 1, on January 20, 2025, the Fund and the Investment Advisor entered into a standstill agreement (the “Saba Standstill Agreement”) with Saba Capital Management, L.P. (“Saba”). During the effective period of the Saba Standstill Agreement, Saba, the Fund and the Investment Advisor agreed to be bound by the terms of such agreement, which include an agreement by Saba to (1) abide by certain customary standstill covenants, (2) withdraw the shareholder proposal previously submitted for consideration at the Fund’s 2025 annual meeting of shareholders and (3) vote its Shares, if any, in accordance with the recommendation of the Fund’s Board on all matters submitted to shareholders. The Saba Standstill Agreement will remain in effect until the day following completion of the Fund’s 2027 annual meeting of shareholders or August 31, 2027, whichever is earlier, unless the agreement is terminated earlier by the parties. A copy of the Saba Standstill Agreement is included as Exhibit (d)(5) to this Schedule TO.

| Item 6. | Purposes of the Transaction and Plans or Proposals |

(a) The information set forth in the Offer to Purchase under “Purpose of the Offer” and “Plans or Proposals of the Fund” is incorporated herein by reference. - 3 -

(b) The information set forth in the Offer to Purchase under “Purpose of the Offer” is incorporated herein by reference. (c) The information set forth in the Offer to Purchase under “Purpose of the Offer” and “Plans or Proposals of the Fund” is incorporated herein by reference.

| Item 7. | Source and Amount of Funds or Other Considerations |

(a) The information set forth in the Offer to Purchase under “Source and Amount of Consideration” is incorporated herein by reference. (b) The information set forth in the Offer to Purchase under “Source and Amount of Consideration” is incorporated herein by reference. (d) The information set forth in the Offer to Purchase under “Source and