Acute Care and Behavioral Health Segment Analysis

UHS Capital Allocation Strategy Update CAPITAL ALLOCATION BY YEAR (IN MILLIONS $) $1,600 ■CapEx Acquisitions Share Repurchases Dividends $53 $50 $1,400 $53 $1,200 $771 $771 $1,000 $397 $17 $38 $207 $800 $364 $52 $126 $39 $23 $600 $23 $400 $731 $665 $634 $660 $558 $200 $0 2017 2018 2019 2020 9 Months Ended 9/30/2021 • Focused on enhancing our market franchises and growing our portfolio We have historically been an opportunistic acquirer of our stock Post COVID, dividend and share repurchase were temporarily suspended. Both programs have since been restarted. 27

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