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Investor Presentaiton

1. $ Millions Moody's Analytics: Financial Overview ■ Professional Services Revenue¹: Mix by Quarter ■Enterprise Risk Solutions Revenue¹: Distribution by Line of Business ■Research, Data and Analytics Revenue¹: Mix by Year $700 $600 $2,400 100% $500 42 $43 $43 $400 $122 $117 $134 $31 $149 $138 $131 $145 $151 $145 $138 9% 9% 9% 6% 8% 80% 26% 25% 27% 29% 27% $2,000 28% 26% 27% 27% 27% 26% 24% $159 $565 $1,600 $159 $522 60% $300 40% $200 $100 $308 $315 $317 $333 $358 $366 $386 $404 $419 $435 65% 66% 64% 65% 65% 72% 74% 73% 73% 73% 74% 76% $ Millions $149 $451 $1,200 $147 $150 $168 $449 $800 $119 $374 $419 $329 $1,514 $263 $1,273 20% $1,121 $400 $833 $520 $572 $626 $668 $0 0% $0 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 Revenue¹: Distribution by Geography Non-U.S. ■U.S. 2013 2014 2015 2016 2017 2018 2019 2020 Revenue: Distribution by Recurring vs. Transaction ■Transaction ■Recurring 100% 100% 80% 43% 42% 42% 42% 42% 43% 44% 42% 42% 43% 42% 43% 80% 60% 40% 60% 85% 85% 40% 84% 86% 85% 90% 92% 90% 91% 91% 92% 93% 57% 58% 58% 58% 58% 57% 56% 58% 58% 57% 58% 57% 20% 20% 0% 0% 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 15% 15% 16% 14% 15% 10% 8% 10% 9% 9% 8% 7% 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2Q21 Moody's | Better decisions Historical data has been adjusted to conform with current information and excludes intercompany revenue. Subsequent to the divestiture of MAKS in 2019, revenue from the Moody's Analytics Learning Solutions ("MALS") unit, which previous to 2020 was reported in the Professional Services line of business ("LOB"), is now being reported as part of the RD&A LOB. Note: Percentages have been rounded and may not total to 100%. 2Q 2021 Investor Presentation 70
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