MSCI Inc. Quarterly Update
October 25, 2022

MSCI remains well-positioned to deliver mission-critical tools, solutions and content investors need tobuild better portfolios for a better world.

Addressing the Needs of Clients and Client Segments•Expanding ESG Fixed Income Index family in China: We recently announced the launch of theBloomberg MSCI China ESG Index Suite, which includes nine Environmental, Social andGovernance (ESG) indices. This is the first Bloomberg MSCI index suite that tracks theperformance of the RMB-denominated bond and USD-denominated Chinese bond markets, while
incorporating ESG and Socially Responsible Investment (SRI) considerations.

•New Client-Driven Index Solutions for Asset Owners: We recently announced the launch of
Institutional Client-Designed Indexes (iCDI), which allow institutional asset owners to customize
indexes that underpin their investment strategies. Supported by data and analysis from MSCI’ssolutions research team, asset owners can select the criteria for an iCDI, which can target ESG,
Climate, Factor, Thematic or other considerations.

•RCA Data Integration to Snowflake: MSCI Real Capital Analytics Data Integration (DI) is now
available on Snowflake, a cloud-based platform allowing clients access to the Real Capital
Analytics data in raw format, to directly feed this data into their own systems and/or alongside
MSCI data. In addition to this launch, MSCI Real Assets released two new datasets available via
the DI offering; Investor Data and Transaction Data, currently some of the most sought after data
within commercial real estate. The two new DI datasets, Investor Data and Transaction Data, willallow clients such as hedge funds, brokers, and research firms, access to more than a million rowsof raw data.

•Launch of New Sustainable Investment % Index Level Metrics: During the quarter, MSCI released aproduct that helps clients with their sustainability-related disclosure requirements under EU
Markets in Financial Instruments Directive (MiFID II). It provides Sustainable Investment Metrics
for a set of MSCI Indexes. These metrics are calculated based on MSCI ESG Research's"Navigating Sustainability Preferences under the New MiFID II Rules" guide, which outlines apotential approach to defining metrics for measuring sustainable investments.

Launching Innovative Solutions•Launch of Risk Insights: In September, we launched Risk Insights, the first module of a new
analytics platform, MSCI Insights, that calculates, stores and delivers a broad range of risk
measures to help investors identify trends and respond to rapid changes in markets. MSCI Risk
Insights automates many analysis and reporting tasks usually performed manually by risk
analysts. This automation better allows investors to quickly and effectively understand the overalllevel of risk in their portfolios, how that risk has changed, what factors may have caused thechanges, and what actions can be taken to achieve their investment goals.

3Q22 QUARTERLY UPDATE•

Global Intel – Trend analysis for Market Insights: During the quarter, we launched Market Insights
to allow investment teams, researchers, and advanced users the ability to compare, via aninteractive environment, market segment performance across multiple measures, property types
and currencies. Users can also save different analyses for future reference and view reports
directly.

Enhancing Capabilities•

Strategic Investment in Evora Global: MSCI, alongside Farview Equity and Bridges FundManagement, has invested in Evora Global, a British company that works with influential names inreal estate. The combination of Evora’s tools for climate data management and advisory services,
together with MSCI’s robust climate risk models and indexes, will help to improve the flow ofcritical decision data and accelerate the adoption of climate standards and thereby strengthen theglobal real asset investment process. MSCI is committed to providing critical decision support
tools that help investment managers to build better portfolios and, in this collaboration with Evora,
we will better serve the evolving needs of our shared and new clients.

•Enhancing Multi Asset Risk Solutions with Amundi Technology: MSCI and Amundi Technology, abusiness line dedicated to technology products and services, are partnering to integrate MSCI risk
analytics in Amundi’s offering to provide robust risk data solutions to Amundi’s clients. Thisenhanced offering will support asset managers and institutional investors as they seek reliable,
open and innovative technology solutions and includes MSCI’s RiskManager data and analytics.
This offering will also provide access to enhanced functionalities across a broad range of publicly
traded instruments and private assets including Value-at-Risk simulation methodologies, robust
stress tests, market exposure and sensitivity analysis.

About MSCI Inc.
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over
50 years of expertise in research, data and technology, we power better investment decisions by enabling clients tounderstand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industryleading research-enhanced solutions that clients use to gain insight into and improve transparency across theinvestment process. To learn more, please visit www.msci.com.

FORWARD-LOOKING STATEMENTS

This quarterly update contains forward-looking statements within the meaning of the Private Securities Litigation ReformAct of 1995. These forward-looking statements relate to future events or to future financial performance and involve
known and unknown risks, uncertainties and other factors that may cause MSCI’s actual results, levels of activity,performance or achievements to be materially different from any future results, levels of activity, performance orachievements expressed or implied by these statements. In some cases, you can identify forward-looking statements by
the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,”“potential” or “continue,” or the negative of these terms or other comparable terminology. You should not place undue
reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factorsthat are, in some cases, beyond MSCI’s control and that could materially affect actual results, levels of activity,performance or achievements.
Other factors that could materially affect actual results, levels of activity, performance or achievements can be found inMSCI’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the Securities and Exchange
Commission (“SEC”) on February 11, 2022 and in quarterly reports on Form 10-Q and current reports on Form 8-K filed orfurnished with the SEC. If any of these risks or uncertainties materialize, or if MSCI’s underlying assumptions prove to beincorrect, actual results may vary significantly from what MSCI projected. Any forward-looking statement in this quarterly
update reflects MSCI’s current views with respect to future events and is subject to these and other risks, uncertainties

2

3Q22 QUARTERLY UPDATE
and assumptions relating to MSCI’s operations, results of operations, growth strategy and liquidity. MSCI assumes noobligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new
information, future events, or otherwise, except as required by law.

3