INOV Investor Presentation

Comparable Valuations The following is provided for comparable valuation convenience purposes. 35.7x 27.6x 19.5x 18.7x 13.7x 8.7x 6.5x 6.5x 4.5x 4.3x 4.0x 3.8x 2.8x 2.4x 1.8x Livongo Health LVGO Veeva Systems VEEV Teladoc ServiceNow Splunk Health NOW TDOC SPLK IHS Markit INFO Health Catalyst HCAT Inovalon INOV Tabula Rasa TRHC HMS HMSY Cerner CERN IQVIA IQV Change Healthcare CHNG Health Stream Benefitfocus HSTM BNFT 1147.4x Revenue Multiple FY20 221.8x 73.3x 60.2x 32.2x 20.3x 19.3x 18.0x 16.8x 16.4x 13.5x 12.8x 9.7x NMF NMF Splunk SPLK Teladoc Health TDOC Veeva Systems VEEV ServiceNow NOW Tabula Rasa TRHC IHS Markit INFO Inovalon INOV IQVIA IQV Benefitfocus BNFT HMS HMSY Healthstream HSTM Cerner CERN Change Health Healthcare Catalyst CHNG HCAT Livongo Health LVGO NMF: Not meaningful. Source: NASDAQ IR Insight as of after-close on July 31, 2020 INOV Investor Presentation (8.20) v 1.0.3 EBITDA Multiple FY20 35

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