Inovalon Results Presentation Deck

Financial Guidance Table The Company is reiterating its previously provided full-year 2019 guidance originally provided on November 7, 2018, updated to reflect higher net income and non-GAAP net income as a result of the expected full-year statutory tax rate being updated to 28% and the inclusion of a $0.6 million discrete tax benefit. In the setting of a now predominantly subscription-based contract portfolio, significantly increased client Annual Revenue Retention performance, an expanded Annual Recurring Revenue base, and strong YTD new ACV sales, Inovalon is providing updated full-year 2019 guidance as provided below. Financial Metric Revenue¹ Net Income² Non-GAAP net income² Adjusted EBITDA Net Cash Provided By Operating Activities Capital Expenditure Diluted Net Income Per Share² Non-GAAP diluted net income per share² 2019 Financial Guidance Updated 5/1/2019 $637 million to $657 million $2 million to $6 million $63 million to $71 million $200 million to $210 million $130 million to $145 million $52 million to $58 million $0.01 to $0.04 $0.42 to $0.48 (¹) Organic revenue growth expected to be 13% to 17%. 121 The Company is assuming 149 million weighted average diluted shares and an effective tax rate of approximately 28% for the full year 2019. INOV Q1 2019 Earnings Supplement (5.1.19) v.1.0.0 2019 Financial Guidance Originally Provided November 7, 2018 $637 million to $657 million $1 million to $5 million $61 million to $69 million $200 million to $210 million $130 million to $145 million $52 million to $58 million $0.01 to $0.03 $0.41 to $0.47 YOY Change 21% to 25% 60% to 81% 32% to 38% 44% to 61% 56% to 78% 20

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