4Q and FY 2022 Investor Presentation

Recurring Revenue Growth Drives Margin Expansion Full Year Recurring And Transaction Revenue Adjusted Operating Margin¹ Recurring Transaction Recurring % -18% Recurring Revenue CAGR 93% 91% 85% 84% 78% 94% FY17 FY18 FY19 FY20 FY21 FY22 24.6% 2017 +~640bps 31.0% 2023F 1. Guidance as of January 31, 2023. Refer to Table 11 - "2023 Outlook" in the press release titled "Moody's Corporation Reports Results For Fourth Quarter And Full Year 2022; Sets Outlook For 2023" from January 31, 2023, for a complete list of guidance, reconciliations between adjusted measures and U.S. GAAP and assumptions used by the Company with respect to its guidance. Refer to the Appendix for reconciliations between all adjusted measures mentioned throughout this presentation and U.S. GAAP. MOODY'S | DECODE RISK. UNLOCK OPPORTUNITY. 4Q and FY 2022 Investor Presentation 42

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