2020 Financial Performance

4 Diversification Across Product Portfolio Revenue and geographic diversification provides many avenues for growth and profitability FY 2020 Revenues by product area Workplace Solutions 6.1% Investment Management 8.5% Morningstar Direct 11.4% 17 Pitchbook 14.5% FY 2020 Revenues by geography Asia 2% Other Australia 3% 1% Canada 7% Remainder 29.1% Continental Europe 8% DBRS Morningstar Morningstar Data 15.5% 14.9% United Kingdom 9% United States 70% MORNINGSTAR®

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