Inovalon Results Presentation Deck

Adjusted EBITDA The following Adjusted EBITDA guidance is being provided as of November 7, 2018. 19% $72 24% 2013 2013-2019G CAGR $134 37% 2014 $152 INOV Q3 2018 Earnings Supplement (11.7.18) 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 $150-$166 29% 2018G $200 - $210 32% 2019G 25

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