Inovalon Results Presentation Deck

Continued Headcount Efficiency Improvements The Company's transition to higher-valued cloud-based offerings leveraging increased connectivity, software automation, SaaS- based, and subscription-based offerings continues to witness a substantial corresponding decrease in headcount while concurrently expanding revenue and profitability. Reflecting this, headcount for the period year-end 2015 through Q2 2020 has now decreased by over 1,500, and TTM Adjusted EBITDA per headcount increased by 88% during the period. 3,323 TTM Q4 2015 Adjusted EBITDA Per Headcount of $45.628 Note: Acquisition of Avalere Health occurred prior to year-end 2015 TTM Q4 2015 INOV Q2 2020 Earnings Supplement (7.29.20) 1.0.1 23% Total Headcount Decrease From Year-End 2015 to TTM Q2 2020 774 Headcount Acquired 1,551 Headcount Efficiency 2,546 88% Increase in TTM Q2 2020 Adjusted EBITDA Per Headcount of $85,641 TTM Q2 2020 * Total net decrease in headcount includes a gross increase of 774 headcount from acquisitions during the period, and gross headcount efficiency reductions of 1,551. 18

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