Teladoc Investor Day Presentation Deck

Compelling financial model ● ● Organic investments and strategic M&A Investing in profitable products and channels Strategic acquisitions well integrated with increasing scale & relevance Teladoc HEALTH Credibility and access to capital markets X Revenue growth Broad-based, high visibility :$ Teladoc Health, Inc Investor Day 2020 Operating leverage Strong gross margin • Sales and A&M increasingly efficient Economies of scale in R&D, G&A Profitability and free cash flow Free cash flow positive and growing ● 120

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