Premier Investor Presentation — August 2019

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Fourth- Quarter Fiscal 2019

Financial Results and Update

August 20, 2019Forward- looking statements and non-GAAP financial measures

2Forward -looking statements –Statements made in this presentation that are not statements of historical or current facts, such as those related to

the current market environment and uncertainties, expected financial performance, non- GAAP free cash flow generation, the impact of the new

revenue recognition standards, share repurchases, if any, under our current and future stock repurchase program, the success of our incremental

investments in growth opportunities, the financial and strategic impact of our decision to exit the specialty pharmacy business and the statements

related to fiscal 2020 outlook and guidance and the assumptions underlying such guidance, are “forward- looking statements” withi n the meaning of

the Private Securities Litigation Reform Act of 1995. Forward- looking statements may involve known and unknown risks, uncertaint ies and other

factors that may cause the actual results, performance or achievements of Premier to be materially different from historical results or from any future

results or projections expressed or implied by such forward- looking statements. Accordingly, readers should not place undue reli ance on any

forward -looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged t o consider statements

in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anti cipates” or “plans” to be

uncertain and forward- looking. Forward- looking statements may include comments as to Premier’s beliefs and expectations as to future events and

trends affecting its business and are necessarily subject to uncertainties, many of which are outside Premier’s control. More information on potential