Inovalon Results Presentation Deck

2019 Adjusted EBITDA Margin Bridge Inovalon continues to expect operating leverage, driven by high-value offerings driving further improvement in mix and pricing, benefit from technology-enabled efficiency initiatives, and contribution from ABILITY. The Company sees these factors driving -290 basis points of Adjusted EBITDA margin expansion in 2019. The graphic to the right is for illustrative purposes only. INOV Q4 & FY 2018 Earnings Supplement (2.20.19) v1.0.0 The full gross margin benefit of an increasing mix of higher margin Platform offerings, coupled with continued technology-enabled efficiencies and the ABILITY acquisition, are seen driving continued operating leverage improvement in 2019. 28,8% FY 2018 Ad EBITDA Margin % -290 Basis Point Year-to-Year Improvement -80 bps Investment Initiatives / Overhead Fiiciendes -60 bps Platform Mix & Price Changes -30 bps Platform Efficiencies -140 bps Inorganic ABILITY Contribution 31.7% FY 20190 Adj. EBITDA Margin % 21

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