2021 INVESTOR DAY

Healthier

happens now

KAREN S. LYNCH

President

and Chief Executive Officer

SHAWN M. GUERTIN

40th Annual

J.P.Morgan Healthcare Conference

January 11, 2022

Executive Vice President and Chief Financial Officer

Cautionary statement

concerning forward-looking statements

2 ©2022 CVS Health and/or one of its affiliates.

These presentations include forward-lookingstatements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health Corporation. The statements made in the presentations today and the information that is included in the presentation slides and other documents related to Investor Day 2021 are forward-looking, including information related to full year 2021 and 2022 financial guidance. By their nature, all forward-looking statements are not guarantees of future performance or results and are subject to risks and uncertainties that are difficult to predict and/or quantify. Actual results may differ materially from those contemplated by the forward- looking statements due to continuing uncertainties related to the COVID-19 pandemic, including the impact of new and existing variants on consumer behavior, health care utilization patterns and federal, state and local response to the pandemic, as well as the risks and uncertainties described in the Company's Securities and Exchange Commission ("SEC") filings, including those set forth in the Risk Factors section and under the heading "Cautionary Statement Concerning Forward-Looking Statements" in the Company's most recently filed Annual Report on Form 10-K and in its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021, and our Current Reports on Form 8-K.

You are cautioned not to place undue reliance on the Company's forward-looking statements. The Company's forward-looking statements are and will be based upon management's then- current views and assumptions regarding preliminary financial estimates and projections, future events and operating performance, and are applicable only as of the dates of such statements. The Company does not assume any duty to update or revise forward-looking statements, whether as a result of new information, future events, uncertainties or otherwise.

These presentations include non-GAAP financial measures that we use to describe our company's performance. In accordance with SEC regulations, you can find the definitions of these non-GAAP measures, as well as reconciliations to the most directly comparable GAAP measures, on the Investor Relations portion of our website.

Link to our non-GAAP Reconciliations

Key 2021

accomplishments

"Beat and raise" forecast for 2021 adjusted EPS all four quarters with revised guidance of $8.33-8.38, ~12% above midpoint of initial guidance

Key to nation's COVID-19 pandemic response with ~59M vaccines and ~32M tests administered1

Engaged more than 80% of our 35M+ unique digital consumers on CVS Health solutions

Powerful cash flow generation of at least $13.5B; have repaid net $21B of long-term debt since Aetna transaction close

One of only seven companies globally to have science-basednet-zeroGHG emissions targets validated by the Science- Based Targets initiative2

Created strong momentum into 2022 as we seek to improve health outcomes, engagement, and access with lower costs

3 ©2022 CVS Health and/or one of its affiliates. ©2022 CVS Health and/or one of its affiliates.

our

vision

Becoming the leading health solutions company for consumers

Delivering a superior health care experience for consumers

Driving improved health outcomes, lower costs, higher levels of engagement and broader access to high quality care

4 ©2022 CVS Health and/or one of its affiliates. ©2022 CVS Health and/or one of its affiliates.

CVS Health is an established leader in key segments of

the health care sector

Health Care Benefits

Our momentum to

Grow government businesses and offer integrated

benefit designs

lead will continue to

deliver sustainable,

Pharmacy Services

profitable growth

Continue to provide industry-leading drug trend and

grow specialty pharmacy

Retail / Long-Term Care

Become the leading health and wellness destination and optimize footprint

5 ©2022 CVS Health and/or one of its affiliates.

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

CVS Health Corporation published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 13:27:08 UTC.