Corvel Corp. · NASDAQ:CRVL
Corvel — Investor Presentation (July 2026)
18 slides from Corvel's investor presentation, July 2026
Slide 1: Investor Relations 2026
Investor Relations 2026
Slide 2: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 All statements included in this presentation, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectatio
Slide 3: We show up on day one
We show up on day one In risk management, timing is everything. We act fast to provide the right support at the right moment - keeping claims on track and people on the path to recovery. We stand on experience Decades of delivering results have made us a proven partner for organizations nationwide.
Slide 4: What We Do
What We Do CorVel applies advanced technology — including artificial intelligence, machine learning, and natural language processing — to enhance care management and reduce healthcare costs across claims. We serve employers, TPAs, insurance companies, and government agencies with a diverse suite of
Slide 5: Our Services
Our Services Workers’ Comp Claims Management State Specific Managed Care Liability Claims Management Advocacy 24/7 Nurse Triage Case Management Virtual Care Ancillary Care Solutions Medicare Services Pharmacy Benefit Management Medical Bill Review Payment Integrity Solutions
Slide 6: CorVel is a publicly held company on the Nasdaq
CorVel is a publicly held company on the Nasdaq with over $959 million in annual revenue. Our financial results are gaining momentum, and we're making significant progress toward our goal of becoming a full-service risk management solution. 5,300
Slide 7: Fiscal Year Revenue, Earnings Per Share and Return on Equity
Fiscal Year Revenue > rete Ver Her Reemie Earnings Per Share Milions per Year $2.50 00 saa, $1.50 — ‘$1.00 $0.50 —— $750 $0 1901 sosa 400 Return on Equity 50 ey | || 40% we tt 30% > y juss, if | 20% / 180 } | | 10% om . 2001 _
Slide 8: Weighted Average Shares
Weighted Average Shares 120 100 80 60 40 ie) 2001 Millions per Year 2026 Annual Revenue Per Q4 Weighted Shares $20 $16 $12 $8 $4 $0 | 2001 2026
Slide 9: Financial Performance
Financial Performance Average ROE Revenue CAGR Highlights: over multiple decades Consistently high free cash flow 23.5% 7.3% Strong cash enables share repurchases and tech reinvestment No Long-Term Debt Financial discipline supports long-term value creation
Slide 10: Stock Performance
Stock Performance NASDAQ: CRVL RECENT STOCK PRICE: 52 WEEK RANGE MARKET CAP $62.08 $44.83- $3.17 MARKET CAP B $102.37 7/14/2026 7/14/2026 $5.68 B 7/14/2026
Slide 11: Ownership & Structure
Ownership & Structure FISCAL YEAR: MARCH 31 SHARES INSIDE OUTSTANDING OWNERSHIP 51.5 39% Million 7/14/2026 7/14/2026
Slide 12: Our Partners
Our Partners CorVel provides services to over 1,000 customers nationally that include Employers, Insurance Carriers, and Government Entities. Subheading Subheading
Slide 13: Recognized for Strong Partnerships and Innovation
Recognized for Strong Partnerships and Innovation TRICT Aone BUSINESS INSURANCE 2024 US. INSURANCE BUSINESS INSURANCE ~~~ AWARDS este rere INNOVATION ARDY WRANCE CLAIMS TECHNOLOGY AWA R DS = Creating Tomorrow. INNOVATION OF THE YEAR 2024 ~ CLAIMS TEAM OF THE YEAR a THEO ¥” AWARD Motes: =, *ALL* AMER
Slide 14: Industry Recognition
Industry Recognition 2026: Claims Technology Innovation of the 2024: Generative AI Solution Year - Finalist - AI Document Viewer 2025: Claims Technology Innovation of the 2022: CogencyIQ Year - Finalist - Claims Journey 2024: Claims Team of the Year 2021: Virtual Pain Management 2023: Risk Managemen
Slide 15: Largest Third-Party Administrators
BUSINESS INSURANCE. 5 BUSINESS INSURANCE DIRECTORY LISTINGS LARGEST THIRD-PARTY ADMINISTRATORS* Ranked by 2025 gross revenue Rank Company Sedgwick Claims Management Services UMR Gallagher Bassett Services Crawford Corel TPA services provided Multiline Employee Benefits Only Multiline Multiline” Mult
Slide 16: Mergers & Acquisitions
Mergers & Acquisitions M&A Strategy Focus: Dedicated resources to identify synergistic targets Core Objectives: Expand service offerings to existing partners; bolster in-house tech expertise and capacity
Slide 17: Care: Smarter Claims Technology
MC Care : Smarter Claims Technology CorVel’s proprietary platform connects all stakeholders across the claims lifecycle, delivering real-time updates, predictive analytics, and customizable tools to accelerate recovery and reduce costs. Features include: Early risk identification through predictive
Slide 18: Investor Relations
Investor Relations CorVel Corporation 1920 Main Street, Suite 900 Irvine, California 92614 Phone: 888.7.corvel www.corvel.com/company/investors