Moody's said Jorge Bermudez, a Board member since April 19, 2011, informed the company on October 12, 2026 that he intends to retire from the Board effective on that date. The company said his retirement did not result from any disagreement with the company, its management or the Board on any matter.

1. 01

   Moody's said Jorge Bermudez, a Board member since April 19, 2011, informed the company on October 12, 2026 that he intends to retire from the Board effective on that date. The company said his retirement did not result from any disagreement with the company, its management or the Board on any matter.

2. 02

   The company said the size of its Board will remain at 10 members following Mr. Bermudez's retirement and Keith Demmings' election. It said the Board approved removing the forfeiture requirement that otherwise applied to restricted stock units granted to Mr. Bermudez in February 2026, in recognition of his service, and that those RSUs will become fully vested.

3. 03

   Moody's said that, in light of Mr. Bermudez's retirement, the Board appointed Lisa Sawicki as Chairman of the Audit Committee, effective immediately.

4. 04

   The company said it had previously reported that on August 11, 2026, the Board elected Keith Demmings as a director effective November 1, 2026. It said the Board has now assigned him to the Governance & Nominating Committee and the Audit Committee.

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