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Investor Presentaiton

Moody's Corporation Financial Profile 2Q 2021 TTM Revenue: $5.8 billion ■Recurring Transaction ■U.S. ■Non-U.S. MIS Other1 1% PPIF 9% 45% 46% FIG RD&A MIS 10% 28% MA SFG 8% 55% 54% CFG 34% ERS 10% 1. 2. 3. 4. Revenue Operating Expenses Operating Margin Adjusted Operating Margin³ Full Year 2021 Guidance as of August 5, 20212 >> Increase in the low-double-digit % range >> Approximately 10% >> 45% -46% » Approximately 50% Effective Tax Rate Diluted EPS Adjusted Diluted EPS3 Share Repurchases4 » 20% -22% » $10.90 $11.20 >> $11.55 $11.85 » Approximately $750 million MIS Other consists of non-ratings revenue from ICRA, KIS Pricing, KIS Research and revenue from providing ESG research, data and assessments. During 2020, the company increased its stake in V.E from 69.2% to 99.8%. 2Q 2021 trailing twelve months revenue includes five quarters of results for V.E and Four Twenty Seven due to the close of a financial reporting lag pursuant to the integration of these businesses. The incremental revenue resulting from the closing of this reporting lag was not material to Moody's financial results. See press release titled "Moody's to Acquire RMS, Leader In Climate & Natural Disaster Risk" from August 5, 2021 for Moody's complete full year 2021 guidance. Includes assumptions related to RMS's conformity to Moody's accounting policies, as well as the estimated impact of acquisition accounting. These metrics are adjusted measures. See Appendix for reconciliations from adjusted financial measures to U.S. GAAP. Full year 2021 share repurchase guidance is subject to available cash, market conditions and other ongoing capital allocation decisions. Moody's | Better decisions 2Q 2021 Investor Presentation 9
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