3Q 2023 Investor Presentation

$ Millions Structured Finance: Revenue ■ ABS ■RMBS $200 MIS Revenue¹: Mix by Quarter ■CMBS MIS Revenue¹: Mix by Year Structured Credit Other ■ ABS ■RMBS ■CMBS Structured Credit Other $600 $2 $1 $150 $2 $2 $ Millions $67 $1 $39 $57 $1 $36 $1 $100 $300 $1 $2 $450 $2 $2 $215 $4 $165 $140 $135 $196 $122 $2 $148 $105 $102 $98 $38 $31 $34 $32 $32 $29 $31 $143 $140 $133 $78 $81 181 $61 $26 $27 $14 $19 $14 $17 $123 $106 $14 $50 $35 $150 $98 $34 $31 $28 $25 $81 $85 $90 $95 $96 $22 $21 $25 $22 $29 $30 $32 $31 $32 $26 $27 $27 $30 $91 $94 $97 $107 $118 $116 $99 $98 $0 $0 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 2015 2016 2017 2018 2019 2020 2021 2022 1. Notes: ABS (asset-backed securitization) includes asset-backed commercial paper and long-term asset-backed securities. RMBS (residential mortgage-backed securitization) includes covered bonds. CMBS (commercial mortgage-backed securities) includes commercial real estate CDOS. Structured Credit includes CLOS and CDOS. Historical data has been adjusted to conform with current information and excludes intercompany revenue. The revenue reclassification of REITs to Corporate Finance from Structured Finance is reflected starting from 2018. Moody's | Decode risk. Unlock opportunity. 3Q 2023 Investor Presentation 62

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