Inovalon Results Presentation Deck

Adjusted EBITDA The following full-year Adjusted EBITDA actual and guidance through 2020 is being provided as of October 30, 2019. 19% 2016-2020G CAGR $100 23% 2016 $109 INOV Q3 2019 Earnings Supplement (10.30.19) v1.0.2 24% 2017 $152 29% 2018 % of Revenue Note: CAGR calculations undertaken to the mid-point of 2020 Guidance. All numbers in millions. Graphic drawn at midpoint of guidance range. $209 - $215 33% 2019G $231 - $241 33% 2020G 22

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