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Third- Quarter Fiscal 2020 Financial Results and Update May 5, 2020
Third- Quarter Fiscal 2020
Financial Results and Update
May 5, 2020Forward- 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 expected financial and operational impacts of the COVID -19 pandemic on our business segments, our ability to manage expenses during the
COVID -19 pandemic, current market environment and uncertainties, expected financial performance, non- GAAP free cash flow generat ion, the
statements related to fiscal 2020 outlook and guidance and the assumptions underlying such guidance, and the anticipated financi al and operational
impact of the acquisition of Health Design Plus are “forward- looking statements” within the meaning of the Private Securities Li tigation Reform Act of
1995. Forward- looking statements may involve known and unknown risks, uncertainties 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 projecti ons expressed or
implied by such forward- looking statements. Accordingly, readers should not place undue reliance on any forward- looking statements. In addition to
statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional orfuture tenses or that
include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and f orward-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 factors that could affect Premier’s
financial results is included from time to time in the “Cautionary Note Regarding Forward- Looking Statements,” “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” sections of Premier’s periodic and current filings with the SEC, including
those discussed under the “Risk Factors” and “Cautionary Note Regarding Forward- Looking Statements” section of Premier’s Form 10- K for the year
ended June 30, 2019 as well as the Form 10- Q for the quarter ended March 31, 2020, expected to be filed with the SEC shortly aft er the date of this
presentation, and also made available on Premier’s website at investors.premierinc.com. Forward- looking statements speak only as of the date they
are made, and Premier undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information
or future events that occur after that date, or otherwise.
Non- GAAP financial measures –This presentation and accompanying webcast includes certain “non- GAAP financial measures” as defined in
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