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Appendix

The 2019 Investor Fact Book reflects:

The transfer of Trucost plc from Indices to Market Intelligence in 2018. Results recast for 2016–2018 for both divisions

The adoption of Accounting Standards Codification (ASC) 606 as of January 1, 2018. ASC 606 standardizes how companies recognize revenue from customer contracts. S&P Global now reports revenue across five categories instead of three categories. Results recast for 2014–2018

The adoption of Accounting Standards Update (ASU) 2017–07. ASU 2017–07 improves the presentation of net periodic pension cost and net period postretirement benefit cost. Results recast for 2014–2018

Adjusted Financial Performance Measures

The 2019 Investor Fact Book presents the Company’s financial results in accordance with accounting principles generally accepted in the United States (“GAAP”) in the Financial Review section on pages 52 to 67. It also presents certain additional non-GAAP financial measures, within the meaning of Regulation G under the Securities Exchange Act of 1934.

The 2019 Investor Fact Book’s Appendix provides non-GAAP adjustments and deal-related amortization along with a reconciliation of non-GAAP measures to the most directly comparable financial measures calculated in accordance with GAAP measures.

The Company’s non-GAAP measures include adjustments that reflect how management views the businesses. Investors should not consider any of these non-GAAP measures in isolation from, or as a substitute for, the financial information that the Company reports. Investors should refer to audited financial statements, including related notes and other financial information contained in the Company’s most recent filings with the U.S. Securities and Exchange Commission.