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Investor Presentaiton

Structured Finance: Revenue Diversification Revenue: Distribution by Geography Non U.S. ■U.S. Revenue¹: Distribution by Recurring vs. Transaction ■Transaction ■Recurring 1. 100% 100% 34% 35% 31% 35% 80% 80% 43% 42% 43% 48% 56% 56% 53% 57% 49% 52% 62% 63% 64% 61% 59% 59% 63% 69% 68% 65% 60% 60% 40% 40% 66% 65% 69% 65% 57% 58% 52% 57% 20%- 44% 44% 38% 37% 36% 39% 41% 41% 20% 43% 47% 51% 48% 37% 31% 32% 35% 0% 0% 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 3Q21 4Q21 FY21 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 3Q21 4Q21 FY21 Revenue1: Distribution by Product ABS ■RMBS ■CMBS Structured Credit Other 100% 1% 1% 1% 1% 0% 0% 1% 1% 0% 0% 1% 0% 29% 30% 26% 27% 32% 29% 80% 35% 33% 38% 40% 42% 38% 16% 17% 17% 60% 23% 18% 16% 19% 21% 16% 18% 18% 18% 28% 40% 27% 23% 27% 28% 24% 22% 23% 22% 22% 22% 21% 20% 28% 28% 29% 27% 23% 23% 23% 22% 24% 20% 19% 21% 0% 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 3Q21 4Q21 FY21 Historical data has been adjusted to conform with current information and excludes intercompany revenue. 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 includes commercial mortgage-backed securities and commercial real estate CDOs. Structured Credit includes CLOS and CDOS. Percentages have been rounded and may not total to 100%. Moody's | Better decisions 4Q & FY 2021 Investor Presentation 68
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