3Q 2021 Investor Presentation

$ Millions $2,000 $1,000 $0 $7,000 7.8% $6,000 Historically, Moody's Revenue and Interest Rates Have Not Been Strongly Correlated MCO revenue and interest rates $5,000 5.8% $4,000 +200bps 4.7% $3,000 1994 1995 1996 6.5% MIS Revenue (L) MIS Revenue Guidance MA Revenue (L) MA Revenue Guidance MCO Revenue (L) 10-yr U.S. Treasury Yield (R)1 1999 +180bps 1. 10-yr U.S. Treasury Yields are represented by the rate at the end-of-period. 2. See press release titled "Moody's Corporation Reports Results for Third Quarter 2021" from October 28, 2021 for Moody's complete full year 2021 guidance. Note: Gray bars reflect periods of significant increases in the 10-year Treasury Yield. Source: www.treasury.gov. Moody's | Better decisions +100bps 3.3% 3.0% 2.3% 1.8% 2011 2012 2013 2014 +120bps 2018 2019 2020 9% 8% 7% 6% 5% 4% 3% 2% 1% 0.9% 0% 2021F 3Q 2021 Investor Presentation 69 69

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