*Refer to “Reconciliation of Non-GAAP Financial Information” on page 13 of this report for a discussion of the Company’s non-GAAP financial measures.

• Adjusted for the impact of the following items: IHS Markit merger costs of $249 million, employee severance charges of $19 million, gain on dispositions of $11 million, a lease impairment of $3 million, Kensho retention related expense of $2 million, acquisition-related costs of $4 million, recovery of lease-related costs of $2 million, tax expense associated with the re-valuation of deferred tax liabilities related to a UK income tax rate change of $7 million, tax benefit on a loss on the extinguishment of debt in the prior year of $7 million, tax benefit related to prior year divestitures of $1 million and amortization of intangibles from acquisitions of $96 million.
• Adjusted for the impact of the following items: loss on the extinguishment of debt of $279 million, lease impairments of $120 million, employee severance charges of $66 million, IHS Markit merger costs of $24 million, a $16 million gain on dispositions, a technology-related impairment charge of $12 million, lease-related costs of $11 million, Kensho retention related expense of $11 million, a pension related charge of $3 million, tax benefit related to prior year divestitures of $4 million and amortization of intangibles from acquisitions of $123 million.
• Dividends paid were $0.77 per quarter in 2021 and $0.67 per quarter in 2020.
• Includes purchases of property and equipment and additions to technology projects.
• Assumes $100 invested on December 31, 2016 and total return includes reinvestment of dividends through December 31, 2021.
• The peer group consists of the following companies: Moody’s Corporation, CME Group Inc., MSCI Inc., FactSet Research Systems Inc., IHS Markit Ltd., Verisk Analytics, Inc., Intercontinental Exchange, Inc.