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Performant Investor Presentation

. 8 CASE STUDY (COMMERCIAL HEALTHCARE CLIENT) Performant was hired by Client A, one of the nation's largest MCOs, as a 2nd seat (come behind) vendor to conduct Medicaid Reclamation (Asset Recovery) and to expand Identification of new savings. Performant's results returned a 50% lift for Client A over the incumbent vendor, previously a sole powerhouse in the market and who had been entrenched with Client A for more than a decade. Client A moved Performant into the 1st position for 5 test states (covering about 1M lives). Performant continued to return impressive results, providing 75% gains over the incumbent. In 2019, for the first time in over a decade, Client A cancelled services. with the incumbent vendor and shifted all 25 states (covering over 6M lives) to Performant. Performant anticipates driving savings of over $60M annually for Client A Fresh solutions, even in mature markets - driving significant value for clients PERFORMANT
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