1Q 2021 Investor Presentation slide image

1Q 2021 Investor Presentation

MA 2021 Guidance: Revenue Growth and Reinvestment to Drive Future Expansion Revenue¹ Adjusted Operating Margin¹ Low-double-digit % increase $2.1B 2020 2021F Key drivers of MA FY 2021 outlook¹ ~93% recurring revenue Approximately 30% 29.4% 2020 2021F Retention in the mid-90's percentage » RD&A: Continued strength in KYC and compliance solutions, research and data feeds » ERS: Strong growth in recurring revenue due to ongoing emphasis on subscription-based products and services M&A activity: Revenue growth benefit of 2% to 3% and downward impact on adjusted operating margin of 100 to 150 bps 1. Guidance as of April 28, 2021. Refer to Table 12 - "2021 Outlook" in the press release for a complete list of guidance and a reconciliation between adjusted measures to U.S. GAAP, as well as assumptions used by the Company with respect to its guidance. Moody's | Better decisions 1Q 2021 Investor Presentation 37
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