IDA in the Capital Markets

Following is a Ratings Analysis of the International Development Association ("IDA")

• dated February 17, 2026 from Moody's Investor Service
• dated May 13, 2026, from Standard & Poor's

Please read the following text before accessing the ratings analysis and indicate your acceptance where provided below.

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IDA makes no warranties as to the accuracy, adequacy, completeness or timeliness of the contents of the following document.

Providing a link to the following document from the IDA web site does not imply endorsement or approval of its contents by IDA.

The following document shall not be construed to contain, explicitly or implicitly, any investment recommendations. The following document does not constitute an offer of or an invitation by or on behalf of IDA to purchase or sell any securities, nor should it be considered investment advice.

Note: A security rating is not a recommendation to buy, sell or hold securities. Additionally, the security rating may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.

I accept for the IDA Ratings Analysis dated February 17, 2026 from Moody's Investor Service

I accept for the IDA Ratings Analysis dated March 26, 2025 from Standard & Poor's