3Q 2022 Investor Presentation

Prudent Approach to Capital Allocation Capital allocation goals MA ())) ())))) Anchored around a BBB+ rating Allow for adequate financial flexibility Lá 999 Provide necessary capital to pursue growth opportunities Meet return thresholds and create long-term value for shareholders MOODY'S | DECODE RISK. UNLOCK OPPORTUNITY. Lá Capital allocation levers INVESTING IN GROWTH OPPORTUNITIES G Reinvestment S € Acquisitions RETURN OF CAPITAL Dividends Share repurchases Manage risk 0000 3Q 2022 Investor Presentation 11

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