Inovalon Results Presentation Deck

Adjusted EBITDA The following Adjusted EBITDA guidance is being reaffirmed as of February 20, 2019. 19% $72 24% 2013 2013-2019G CAGR $134 37% 2014 $152 INOV Q4 & FY 2018 Earnings Supplement (2.20.19) v1.0.0 35% 2015 $100 23% 2016 % of Revenue Note: CAGR calculations undertaken to the mid-point of 2019 Guidance. All numbers in millions. Graphic drawn at midpoint of guidance range. $109 24% 2017 $152 29% 2018 $200 - $210 32% 2019G 24

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