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JUNE 12, 2018 | CHICAGO, IL WILLIAM BLAIR GROWTH STOCK CONFERENCE
JUNE 12, 2018 | CHICAGO, IL
GROWTH STOCK CONFERENCE
FORWARD LOOKING STATEMENT AND USE OF ADJUSTED MEASURES
This presentation contains forward -looking statements including but not limited to statements with respect to estimated 2018 gui dance and the
related assumptions, the impact of various factors on operating and financial results, expected savings and synergies (includ ing from the LaunchPad
initiative and as a result of acquisitions), and the opportunities for future growth.
This presentation contains forward -looking statements which are subject to change based on various important factors, including without limitation,
competitive actions and other unforeseen changes and general uncertainties in the marketplace, changes in government regulati ons, including
health care reform, customer purchasing decisions, including changes in payer regulations or policies, other adverse actions of governmental and
third -party payers, changes in testing guidelines or recommendations, adverse results in material litigation matters, the impact of changes in tax
laws and regulations, failure to maintain or develop customer relationships, our ability to develop or acquire new products a nd adapt to
technological changes, failures in information technology systems or data security, challenges in implementing business proce ss changes, employee
relations, and the effect of exchange rate fluctuations on international operations.
Actual results could differ materially from those suggested by these forward -looking statements. The Company has no obligation t o provide any
updates to these forward -looking statements even if its expectations change. Further information on potential factors, risks and uncertainties that
could affect the operating and financial results of Laboratory Corporation of America Holdings (the “Company”) is included in the Company’s Form
10-K for the year ended December 31, 2017, and Forms 10 -Q, including in each case under the heading risk factors, and in the Com pany’s other
filings with the SEC.
This presentation contains “adjusted” financial information that has not been prepared in accordance with GAAP, including Adj usted EPS, and Free
Cash Flow, and certain segment information. The Company believes these adjusted measures are useful to investors as a supple ment to, but not as
a substitute for, GAAP measures, in evaluating the Company’s operational performance. The Company further believes that the use of these non -
GAAP financial measures provides an additional tool for investors in evaluating operating results and trends, and growth and shareholder returns, as
well as in comparing the Company’s financial results with the financial results of other companies. However, the Company note s that these adjusted
measures may be different from and not directly comparable to the measures presented by other companies. Reconciliations of these non -GAAP
measures to the most comparable GAAP measures are included in this presentation. 2
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