On February 20, 2024, Moody's granted Growth Accelerator Awards to the presidents of Moody's Analytics and Moody's Investors Service with grant date values of $10 million and $5 million, respectively.

1. 01

   On February 20, 2024, Moody's granted Growth Accelerator Awards to the presidents of Moody's Analytics and Moody's Investors Service with grant date values of $10 million and $5 million, respectively.

2. 02

   The company said the Growth Accelerator Awards are composed of 67% performance share units and 33% stock options. The stock options vest 50% after 2 years and the remaining 50% after 4 years.

3. 03

   Moody's said the performance share units vest based on achievement of each business unit's performance goals over a 4-year period ending on December 31, 2027. The goals are annualized recurring revenue growth and adjusted operating margin for Moody's Analytics, and adjusted operating margin for Moody's Investors Service.

4. 04

   The company granted performance share retention grants to certain key personnel, including executives other than the Chief Executive Officer and the presidents of Moody's Analytics and Moody's Investors Service. The awards are entirely performance-based and consist of performance share units that can be earned over a 24-month period ending on December 31, 2025.

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