Inovalon Results Presentation Deck

Full Year 2020 Financial Guidance In the setting of the substantive contract wins achieved in the second quarter of 2020 and the expectation of additional substantive wins during the second half of 2020, the Company raised the low end of its revenue range and increased Adjusted EBITDA and non-GAAP diluted earnings per share, as well as made adjustments in net income and capital expenditures for the full year 2020 guidance as provided below. Financial Metric Revenue Net Income¹ Non-GAAP net income¹ Adjusted EBITDA Net Cash Provided By Operating Activities Capital Expenditures Diluted Net Income Per Share¹ Non-GAAP diluted net income per share¹ Previous 2020 Financial Guidance Originally Provided April 29, 2020 $672 million to $698 million $16 million to $22 million $80 million to $85 million $221 million to $231 million $160 million to $175 million $54 million to $60 million $0.11 to $0.15 $0.53 to $0.57 The Company is assuming 150 million weighted average diluted shares and an effective tax rate of approximately 28% for the full year 2020. INOV Q2 2020 Earnings Supplement (7.29.20) 1.0.1 Updated 2020 Financial Guidance Provided July 29, 2020 $675 million to $698 million $15 million to $21 million $85 million to $91 million $226 million to $236 million $160 million to $175 million $60 million to $64 million $0.10 to $0.14 $0.57 to $0.61 YoY Change 5% to 9% 92% to 169% 10% to 17% 7% to 12% 50% to 64% 2% to 9% 100% to 180% 10% to 17% 26

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