3Q 2020 Investor Presentation

Drivers of Sustainable Corporate Value Introduced Sustainability Disclosures in our Public Filings ENVIRONMENTAL >>> Focused on reducing greenhouse gas emissions with science-based targets¹ on our path to net-zero Committed to remaining carbon neutral on an annual basis and retroactively since September 20002 » Expansion of ESG products and services » CDP3 participation » Procuring 100% renewable electricity °. 0000 GOVERNANCE » Professional integrity » Systematic risk management » Diverse Board membership and skill sets » Separate CEO and Chairman positions >>> Active stockholder engagement .. SOCIAL °. 1. » Support a diverse and inclusive workplace » Active global community and philanthropic involvement >>> Robust data security and privacy practices » Fair compensation practices and benefits packages » Recognized by Working Mother's list of 100 Best Companies ESG DOOD Executive compensation metrics include4: » Moody's Corporation EPS and operating income » MIS operating income and ratings performance » MA operating income and sales » Strategic & operational5 The Science Based Targets initiative is a collaboration between CDP, UNGC, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), that is seeking to reduce corporate GHG emissions. 2. To be completed by 2040 through the purchase of verified carbon offsets. Carbon Disclosure Project. 3. 4. While the Company reports its financial results in accordance with GAAP, financial performance targets and results under the Company's incentive plans are based on adjusted financial measures. These metrics and the related performance targets are relevant only to Moody's executive compensation program and should not be used or applied in other contexts. 5. This measure is a qualitative assessment of strategic and operational metrics tied to key non-financial business objectives certified by the Compensation & Human Resources Committee at the beginning of the performance period. The Committee assessed the achievement of the metric by evaluating performance against the following objectives: (i) business focus and innovation and growth; (ii) people and culture; (iii) operating effectiveness and efficiency; and (iv) quality and risk management. MOODY'S 3Q 2020 Investor Presentation - November 11, 2020 67

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