Inovalon Results Presentation Deck

Increasing Headcount Efficiency The Company's transition to higher-valued cloud-based offerings leveraging increased connectivity, software automation, SaaS- based, and subscription-based offerings has witnessed a substantial corresponding decrease in headcount while concurrently. expanding revenue and profitability. Reflecting this, headcount for the period year-end 2015 through Q1 2020 decreased by over 1,400, and TTM Adjusted EBITDA per headcount increased by 76% 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 Q4 2015 INOV Q1 2020 Earnings Supplement (4.29.20) v1.0.1 20% Total Headcount Decrease From Year-End 2015 to TTM Q1 2020 774 Headcount Acquired 1,436 Headcount Efficiency 2,661 Q1 2020 76% Increase in TTM Q1 2020 Adjusted EBITDA Per Headcount of $80,280 * Total net decrease in headcount includes a gross increase of 774 headcount from acquisitions during the period, and gross headcount efficiency reductions of 1,436. 19

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