Leading Kidney Care Platform slide image

Leading Kidney Care Platform

Free cash flow¹ (FCF) FCF as a proportion of Adjusted Net Income 1,2 136% 2019 133% 2020 107% 9/30/2021 YTD FCF expected to remain above Adjusted Net Income¹ with difference contracting over time³ 2) 3) 25 1) Free cash flow and adjusted net income are non-GAAP measures. See appendix for reconciliation of these non-GAAP measure to the most comparable GAAP measure FCF as a proportion of adjusted net income is FCF divided by adjusted net income attributable to DaVita Inc. both from continuing operations From the midpoint of 2021 and 2025 adjusted guidance 55 © 2021 DaVita Inc. All rights reserved. *
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