2Q 2020 Investor Presentation

Moody's Corporation Financial Profile 2Q 2020 TTM Revenue: $5.2 billion Revenue Operating Expenses ■Recurring Transaction ■U.S. ■Non-U.S. 45% 55% MIS Other 1% PPIF 9% 45% FIG RD&A¹ 28% MIS 10% MA SFG 7% ERS 55% CFG 34% 11% Full Year 2020 Guidance as of July 30, 20202 >> Increase in the low-single-digit % range >> approximately flat Effective Tax Rate Diluted EPS » 19.5% 21.5% » $8.15 $8.55 Adjusted Diluted EPS3 » $8.80 $9.20 Operating Margin >> 43% -44% Adjusted Operating Margin³ >> 48% - 49% 1. Includes trailing twelve months of professional services revenue. Excludes MAKS. Subsequent to the divestiture of MAKS in 2019, revenue from the Moody's Analytics Learning Solutions ("MALS") unit, which previous to 2020 was reported in the Professional Services line of business ("LOB"), will now be reported as part of the RD&A LOB. 2. See press release titled "Moody's Corporation Reports Results for Second Quarter 2020" from July 30, 2020 for Moody's full 2020 guidance. 3. These metrics are adjusted measures. See Appendix for reconciliations from adjusted financial measures to U.S. GAAP. Note: The revenue reclassifications of REITs to Corporate Finance from Structured Finance and the FACT product from RD&A to ERS are reflected in the full year (FY) calculations. MOODY'S 2Q 2020 Investor Presentation - August 11, 2020 9

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