2Q 2023 Investor Presentation

Public, Project and Infrastructure: Revenue Revenue¹: Distribution by Geography ■Non-U.S. ■U.S. Revenue¹: Distribution by Recurring vs. Transaction ■Transaction ■Recurring 32% 32% 34% 32% 36% 33% 33% 34% 39% 46% 45% 61% 58% 60% 58% 61% 64% 62% 60% 62% 59% 65% 68% 68% 66% 68% 64% 67% 61% 67% 66% 54% 55% 39% 42% 40% 42% 39% 36% 38% 40% 38% 41% 35% 2Q21 3Q21 4Q21 FY21 1Q22 2Q22 3Q22 4Q22 FY22 1Q23 2Q23 . 2Q21 3Q21 4Q21 FY21 1Q22 2Q22 3Q22 4Q22 FY22 1Q23 2Q23 Revenue¹: Distribution by Product ■Public Finance and Sovereign ■ Project & Infrastructure Finance 52% 53% 55% 53% 53% 55% 52% 57% 54% 60% 57% 48% 47% 45% 47% 47% 45% 48% 46% 43% 40% 43% 1Q22 2Q22 3Q22 4Q22 FY22 1Q23 2Q23 2Q21 3Q21 4Q21 FY21 Note: Percentages have been rounded and may not total to 100%. 1. Historical data has been adjusted to conform with current information and excludes intercompany revenue. Moody's | Decode risk. Unlock opportunity. 2Q 2023 Investor Presentation 54

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