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Investor Presentaiton

Financial highlights FY 2021 Adjusted EPS of $8.40 exceeded expectations; Maintaining FY 2022 guidance for Adjusted Operating Income and Adjusted EPS $1.98 Q4 adjusted EPS Reflects adjusted operating income growth across all businesses 10.6% Q4 adjusted revenue growth Reflects growth across all businesses $4.0 billion Q4 cash flow from operations Committed to disciplined capital allocation priorities Evidence our strategy and execution is delivering value across the health care system for our customers, our communities, our colleagues and our shareholders FY 2022 guidance Total company adjusted operating income $16.7B- $17.1B Total company adjusted EPS $8.10 - $8.30 Cash flow from operations $12.0-$13.0B strong balance sheet Paid down $2.3B in debt in Q4 and net $8.8B in 2021 7 ©2022 CVS Health and/or one of its affiliates. ♥CVSHealth.
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