Advancing Condition-Centric Management

OptumRx +6% REVENUE ($ billions) +7-9% +8% EARNINGS ($ billions) +5-8% ADJUSTED SCRIPTS (scripts in millions) 2019E 2020P Range Adjusted scripts Growth 1,330 1,280 1,300 (1%) (4%)-(2%) Pro forma growth1 OPERATING MARGIN (percent) 7%-8% $69.5 $73.7 $79.0- $80.0 $3.85 $3.6 $4.05- $4.15 Operating margin 2019E 5.2% 2020P Range 5.1% -5.3% 2018 2019E 2020P 2018 2019E 2020P 2020P growth adjusted for a large customer transition 2019 performance ($ millions) Revenue OptumHealth 2018 2019E Growth $ 24,145 $ 30,000 24% OptumInsight OptumRx 9,008 69,536 9,900 10% 73,700 6% Optum (including eliminations) $ 101,280 $ 112,100 11% Operating earnings OptumHealth $ 2,430 $3,000 23% OptumInsight 2,243 2,500 11% OptumRx 3,558 3,850 8% Optum $ 8,231 $ 9,350 14% Operating margin 8.1% 8.3% 20 bps OPTUM OPTUM OPTUM 20

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