Slide 1: Investor Presentation June 2026
Investor Presentation JUNE 2026
Slide 2: Built & Scaled to Adapt & Win
Built & Scaled to Adapt & Win Maximus at Scale How We Adapt $5.43B • Equipping our talent leaders FY 25 revenue | NYSE: MMS with best-in-class technologies to implement government Top 20 priorities government technology contractor • Best-in-class labor sourcing capabilities & network 37,000+ • Highl
Slide 3: Highly Desirable Long-Term Relationships
HIGHLY DESIRABLE LONG-TERM RELATIONSHIPS Contact Center Operations (CCO) Serving tens of millions of Medicare beneficiaries reaching out with questions to 1-800-MEDICARE, handling over 36 million calls annually with a 98% U.S. Centers for Medicare customer satisfaction rate California & Medicaid Ser
Slide 4: Future Durability & Strong Position
Future Durability & Strong Position • Witnessed the durability of our business during recent government efficiency initiatives • Our portfolio is primarily tied to well-established entitlement programs and others requiring mandatory spending that have broad, bipartisan support: U.S. Services Segment
Slide 5: Our Strategy For Growth
Our Strategy For Growth Near-term Strategic Priorities Strategic Growth Pillars • Capture opportunities to support Tech-Enabled states in the implementation of Technology Future of Government Service the Working Families Tax Cut Act Modernization Health Delivery (aka H.R.1) Increases engagement wi
Slide 6: Opportunities to Support States
Opportunities to Support States Medicaid SNAP • New legislative requirements for states • States with a high payment error rate begin Jan 1, 2027 and apply to the face greater self-funding of the program expansion population (~25% of total beginning in FY27 and escalating in Medicaid): FY28 Twice-
Slide 7: Strategic Priority: AI Innovation
Strategic Priority: AI Innovation • Our AI solutions balance in-house development and a set of partnerships with leading providers Beginning to include practical applications of agentic AI in controlled environments • We continue to be “customer zero,” where we develop capabilities and experience
Slide 8: Financial Characteristics
Adjusted EBITDA Margin Targets Revenue 12 – 15% Sustainable, mid-single Medium term digit organic growth FY26 guidance implies ~14.2% Financial Backlog of Contracts Characteristics Long-term Customers $15.3B backlog as of 9/30/2025 average remaining 7+ year weighted average contract life; our relati
Slide 9: How We Are Paid
How We HIG HER RISK HIG HER M ARG IN Are Paid Firm, Fixed Price Appropriate if program is well-established with known volumes Performance-Based (Fixed Price Per Unit) Activity based: per call, per assessment, per enrollment Outcomes based: per job placement, per job sustainment Membership based: per
Slide 10: Capital Allocation Strategy
Capital Allocation Strategy HIG HER PRIO RIT Y LO W ER PRIO RIT Y Internal Organic Maintain Growing Disciplined Share Growth Initiatives Dividend M&A Repurchases Maintain 2.0x – 3.0x Target Leverage Ratio (1.8x at March 31, 2026) 10 INVESTOR PRESENTATION
Slide 11: Investor Presentation
INVESTOR PRESENTATION