Inovalon Results Presentation Deck

Full Year 2020 Financial Guidance The Company is updating its full-year 2020 guidance based on the expected business impact from COVID-19. Financial Metric Revenue Net Income1¹ 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 | Updated 2020 Financial Guidance Guidance Originally Provided February 19, 2020 $698 million to $718 million $25 million to $31 million $89 million to $94 million $231 million to $241 million $170 million to $185 million $52 million to $58 million $0.17 to $0.21 $0.59 to $0.63 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 Q1 2020 Earnings Supplement (4.29.20) v1.0.1 YOY Change 5% to 9% 105% to 182% 3% to 10% 5% to 10% 50% to 64% 120% to 200% 2% to 10% 27

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