1Q 2021 Investor Presentation slide image

1Q 2021 Investor Presentation

$ 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 $2,400 $600 $500 100% $31 $43 $151 $145 $42 $43 $145 $400 $149 $138 $131 9% 9% 9% 6% 8% 80% 26% 25% 27% 29% 27% $2,000 28% 26% 27% 27% 27% 26% $159 $565 $1,600 $159 $122 $117 $134 $522 60% $300 40% - $200 $100 $308 $315 $317 $333 $358 $366 $386 $404 $419 65% 66% 64% 65% 65% 72% 74% 73% 73% 73% 74% $ Millions $149 $451 $1,200 $168 $800 $119 $329 $150 $419 $374 $147 $449 $1,514 $263 $1,273 T 20% $1,121 $400 $833 $520 $572 $626 $668 $0 0% $0 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 2013 2014 2015 2016 2017 2018 2019 2020 Revenue¹: Distribution by Geography Non-U.S. ■U.S. Revenue¹: Distribution by Recurring vs. Transaction ■Transaction ■Recurring 100% 100% 80% 43% 42% 42% 42% 42% 43% 44% 42% 42% 43% 42% 80% 60% 60% 85% 85% 84% 86% 85% 90% 92% 90% 91% 91% 92% 40% 40% 57% 58% 58% 58% 58% 57% 56% 58% 58% 57% 58% 20% 20% 15% 15% 16% 14% 0% 0% 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 15% 10% 1Q19 2Q19 3Q19 4Q19 FY19 1Q20 2Q20 3Q20 4Q20 FY20 1Q21 8% 10% 9% 9% 8% 1. Historical data has been adjusted to conform with current information and excludes intercompany revenue. Research, Data and Analytics includes Bureau van Dijk revenue beginning from the acquisition close date, August 10, 2017. The revenue reclassification of the FACT product from RD&A to ERS is reflected starting from 1Q 2018. 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%. Moody's | Better decisions 1Q 2021 Investor Presentation 67
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