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 Q3 2020 has now decreased by over 1,500, and TTM Adjusted EBITDA per headcount increased by 91% 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 Q3 2020 Earnings Supplement (10.28.20) v1.0.0 24% Total Headcount Decrease From Year-End 2015 to TTM Q3 2020 774 Headcount Acquired 1,567 Headcount Efficiency 2,530 91% Increase in TTM Q3 2020 Adjusted EBITDA Per Headcount of $87,164 TTM Q3 2020 * Total net decrease in headcount includes a gross increase of 774 headcount from acquisitions during the period, and gross headcount efficiency reductions of 1,567. 17

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