Slide 1: Building the AI-native healthcare platform.
CCLD INVESTOR ANALYST DAY · MAY 19, 2026 Building the AI-native healthcare platform. An in-depth look at the CareCloud's strategic priorities, AI-driven product strategy, and growth momentum. NASDAQ MARKETSITE NEW YORK © 2026 CARECLOUD, INC.
Slide 2: Safe harbor statements.
0 1 · S E C S TAT E M E N T S Safe harbor statements. · Manage our growth, including acquiring, partnering with, and effectively integrating the · Compete with other companies developing products and selling services competitive This presentation contains forward-looking statements within the meanin
Slide 3: Statement about free writing prospectus.
0 2 · S E C S TAT E M E N T S Statement about free writing prospectus. The issuer has filed a registration statement on Form S-3 (including a base prospectus dated April 7, 2025) and a prospectus supplement dated April 13, 2026 with the Securities and Exchange Commission ("SEC") for the offering to
Slide 4: Presenters in the room today.
03 · INTRODUCTIONS Presenters in the room today. CARECLOUD TEAM 8 CLIENTS 3 Mahmud Haq Stephen Snyder Dr. Anthony Buccafurni Founder & Executive Chairman Chief Executive Officer Chief Executive Officer · Fox Rehabilitation Norman Roth Hadi Chaudhry Dr. Edsel Holden Chief Financial Officer Chief Stra
Slide 5: Today's program.
04 · AGENDA Today's program. 01 Strategic frame Stephen Snyder · Chief Executive Officer 02 Financial performance overview Norman Roth · Chief Financial Officer 03 Capital structure updates Stephen Snyder · Chief Executive Officer 04 Growth engine and M&A Chris Langehaug, Brendan Covello, and Dan Da
Slide 6: Strategic frame
SECTION 01 — OPENING Strategic frame 01 PRESENTED BY Stephen Snyder 0 1 S T R AT E G I C F R A M E Chief Executive Officer · CareCloud, Inc. 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE 06 CLIENT SUCCESS 07 Q&A CareCloud Analyst Day · May 19, 2026 · Nasdaq
Slide 7: CareCloud at-a-glance.
01 · OVERVIEW CareCloud at-a-glance. CareCloud empowers healthcare organizations of all sizes with next-generation, AI-powered services and solutions that optimize clinical, financial, and administrative outcomes. PROVEN LEADER DIVERSIFIED BASE P L AT F O R M Established healthcare IT Broad customer
Slide 8: Four themes to track today.
02 · THE THESIS Four themes to track today. By the end of the day, these are the four things we want you to remember. 01 / AI-FIRST COMPANY 0 2 / A C O M M O N - S TO C K S TO RY 03 / A CASH-FLOW COMPOUNDER 04 / ACQUISITIONS & TUCK-INS AI is revolutionizing We now have a clean, Our FCF growth — ~6×
Slide 9: Financial performance overview
SECTION 02 — NUMBERS Financial performance 02 overview PRESENTED BY Norman Roth 0 1 S T R AT E G I C F R A M E 02 FINANCIAL OVERVIEW Chief Financial Officer · CareCloud, Inc. 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE 06 CLIENT SUCCESS 07 Q&A CareCloud Analyst Day · May 19, 2
Slide 10: Our growth history.
01 · ACQUISITION HISTORY Our growth history. 25+ acquisitions to date (highlights shown below) JUL 2018 JAN 2020 JUN 2021 OCT 2025 Acquired Orion Acquired CareCloud Acquired MedMatica & Santa Acquired MapApp — AI- Healthcorp, Inc. Corporation & expanded Rosa — into hospitals driven benchmarking EHR
Slide 11: Q1 2025 – Q1 2026 cash flows.
02 · FINANCIALS Q1 2025 – Q1 2026 cash flows. Cash Flows ($000s) Q1 2025 Q1 2026 $M Cash Inflows and Outflows OPERATING ACTIVITIES: $6 Net income $ 1,948 $ 922 $5 $4 Depreciation/amortization 3,337 4,037 $3 Foreign exchange (gain)/loss (1) 11 $2 Provision for expected credit loss 70 106 $1 Stock-bas
Slide 12: FY 2025 and Q1 2026 balance sheets.
03 · FINANCIALS FY 2025 and Q1 2026 balance sheets. Balance Sheets ($000s) FY 2025 Q1 2026 $ Millions $90 Cash ASSETS: AR Cash $ 3,117 $ 3,854 PP&E Accounts receivable / contract asset 18,726 18,738 $80 Right of use asset Vaccine inventory 507 432 Goodwill & intangibles Other current assets 2,888 3,
Slide 13: FY 2026 guidance, reaffirmed.
04 · FINANCIALS FY 2026 guidance, reaffirmed. Revenue ($M) Adjusted EBITDA* ($M) Net (loss) income per share ($) $ 0.23 $ 132 $ 31 $ 0.10 $ 0.20 $ (0.28) $ 111 $ 120 $ 128 $ 24 $ 28 $ 29 2024 A 2025 A 2026 E 2024 A 2025 A 2026 E 2024 A 2025 A 2026 E *See Non-GAAP reconciliations in the appendix Care
Slide 14: Capital structure updates
SECTION 03 — CASH & CREDIT Capital structure updates 03 PRESENTED BY Stephen Snyder 0 1 S T R AT E G I C F R A M E Chief Executive Officer · CareCloud, Inc. 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE 06 CLIENT SUCCESS 07 Q&A CareCloud Analyst Day · May 1
Slide 15: A stronger capital structure.
0 1 · C A P I TA L S T R U C T U R E A stronger capital structure. $140M in preferred overhang eliminated. Annual cash dividends of $13.5M eliminated. New institutional credit line in place. $ P E R Y E A R / E L I M I N AT E D OVERHANG / CLEARED NEW / CITIZENS BANK $13.5M+ $140M+ $50M CASH DIVIDEND
Slide 16: FCF driving further growth and innovation.
0 2 · C A P I T A L AVA I L A B L E F O R G R O W T H FCF driving further growth and innovation. FREE CASH FLOW / 2023 → 2026E ($ MILLIONS, BEFORE DIVIDENDS, P&I & ACQUISITIONS) Up ~6× in three years — and 2026 still has room. ~$25M $20.5M $13.2M $3.8M 2023 2024 2025 2026E *See Non-GAAP reconciliati
Slide 17: Growth engine and M&A
SECTION 05 — ORGANIC & NON-ORGANIC Growth engine and M&A 04 PRESENTED BY Chris Langehaug Brendan Covello Dan Davis 0 1 S T R AT E G I C F R A M E SVP Sales & Revenue Growth Corporate Counsel President, Hearing Healthcare Division 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENG
Slide 18: An M&A engine built for compounding.
01 · M&A An M&A engine built for compounding. A fragmented market / disciplined entry pricing / structures that pay sellers when integration works. 01 / THE OPPORTUNITY 02 / THE MODEL 03 / DEAL STRUCTURE 2,000+ 0.6 – 1.0× 40 – 60% RCM companies in the U.S. recurring-revenue purchase multiple cash at
Slide 19: Self-funded — and integrated in quarters.
02 · M&A Self-funded — and integrated in quarters. $1M+ of excess monthly cash flow / acquired books at 25–30% contribution margin in 3–4 quarters / 4 tuck-ins closed in 2025 with more in the pipeline. 01 / CASH FLOW ENGINE 0 2 / T H E P L AY B O O K 03 / TRACK RECORD $1M+ 25 – 30% 4 excess cash flo
Slide 20: RevNu
03 · M&A Acqisition story RevNu LOGO PLACEHOLDER RevNu SPEAKING TODAY Dan Davis President, Hearing Healthcare Division · CareCloud CareCloud Analyst Day · May 19, 2026 · Nasdaq MarketSite © 2026 CareCloud, Inc. · 20
Slide 21: RevNu post-acquisition expansion.
04 · M&A RevNu post-acquisition expansion. Early performance indicators across clients, providers, geography and velocity. Clients Providers Revenue Realization Cycle 24 → 72 126 → 230 1 2 3 Acquire Implement Scale ▲ 300% Growth ▲ 183% Growth Pre-acquisition clients fully Post-acquisition clients in
Slide 22: A unified platform at the right moment.
05 · MARKET POSITION & OPPORTUNITY A unified platform at the right moment. Providers face growing pressure to improve efficiency and outcomes. CareCloud connects clinical, financial and operational workflows. Why now How we win Where we play The market is moving our way Why a unified platform wins A
Slide 23: Two growth motions. One organization.
06 · GO-TO-MARKET Two growth motions. One organization. Expanding existing customers and winning new ones, with AI-enabled tools that scale output efficiently. Expanding existing customers Winning new customers Deepening existing relationships Building new relationships HOW: Expanding customer relat
Slide 24: Built to Expand. Designed to Scale.
0 7 · S A L E S O R G A N I Z AT I O N Built to Expand. Designed to Scale. A team built on M&A expansion experience — integrating acquired businesses, expanding the solution set, and compounding value across the customer base. THE FLYWHEEL A M B U L AT O R Y I N P AT I E N T & S P E C I A L T Y Reve
Slide 25: AI strategy overview
SECTION 05 — PRODUCT AI strategy overview 05 PRESENTED BY Hadi Chaudhry 0 1 S T R AT E G I C F R A M E Chief Strategy Officer · CareCloud, Inc. 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE 06 CLIENT SUCCESS 07 Q&A CareCloud Analyst Day · May 19, 2026 · Nas
Slide 26: Three tracks. One compounding investment.
01 · O U R A I S T R AT E G Y Three tracks. One compounding investment. 01 NEW AI PRODUCTS 02 B A C K - E N D O P T I M I Z AT I O N 03 EMBEDDED AI Standalone AI for high-value AI inside our own operations. AI inside the apps clients workflows. already use. AI inside our own operations — RCM, financ
Slide 27: Where each track shows up in the P&L.
02 · INVESTOR FRAMEWORK Where each track shows up in the P&L. AI works on three time horizons. Each shows up in the financials differently — by design. TRACK WHERE IT SHOWS UP IN FINA NCIALS WHEN TRACK 01 Recognized as deployments ramp New AI revenue lines (stratusAI, cirrusAI, pipeline) New AI prod
Slide 28: Current AI products
03 · TRACK 01 · PRODUCTION Current AI products C L I N I C A L A S S I S TA N T O P E R AT I O N A L A G E N T cirrusAI Notes & Assist stratusAI Desk Agent Ambient documentation, summarization, and intelligence for The 24/7 AI teammate for the front desk and back office. the clinician. Embedded in C
Slide 29: Where AI becomes a new revenue line.
04 · TRACK 01 · S T R AT U S A I D E S K A G E N T Where AI becomes a new revenue line. Forward-projected scale, anchored in contracts already signed. What the number means Forward run-rate, not today's volume. PROJECTED ANNUAL CALL VOLUME Contracts already signed 1M+ stratusAI Desk Agents under con
Slide 30: Ambient clinical documentation.
05 · TRACK 01 · CIRRUSAI NOTES · A M B U L ATO RY TO I N P AT I E N T Ambient clinical documentation. Solving the most acute pain point in a clinician's day — and now expanding into the inpatient setting. A M B U L AT O R Y · T H E P R O V E N E N T R Y P O I N T I N P AT I E N T · A C T I V E I N T
Slide 31: What's coming next.
06 · TRACK 01 · 2026 PIPELINE What's coming next. In active development inside the AI Center of Excellence — bringing each to market is a 2026 goal. 1 IN DEVELOPMENT 2 IN DEVELOPMENT 3 IN DEVELOPMENT AI Prior Authorization AI-Assisted Medical Coding Additional Clinical Documentation Automating one o
Slide 32: Inside our own operations.
07 · TRACK 02 · B A C K - E N D O P T I M I Z AT I O N Inside our own operations. Operations L E A D I N D I C AT O R S W E WAT C H RCM, Financial, Admin What predicts performance Reducing claim errors across submission workflows › How early errors are caught in the workflow › How many claims are pr
Slide 33: AI across the software development lifecycle.
08 · TRACK 02 · ENGINEERING LEVERAGE AI across the software development lifecycle. Adopting AI tools across our development workflow — accelerating output without expanding headcount. {} ✓ ⚙ ◎ Code generation Code review QA & testing App design OUTCOME 1 OUTCOME 2 Higher code quality More output per
Slide 34: AI inside the apps clients already use.
09 · TRACK 03 · EMBEDDED AI AI inside the apps clients already use. EHR Practice Management Patient Engagement Benchmarking Clinical workflows Scheduling & intake Communications Performance analytics + AI embedded inside each platform THE THESIS ACQUISITION LEVERAGE Invisible AI Medsphere & MAP App
Slide 35: AI into the inpatient portfolio.
10 · TRACK 03 · M E D S P H E R E A I I N T E G R AT I O N · IN ACTIVE DEVELOPMENT AI into the inpatient portfolio. Three concrete integrations underway in Q2 2026 — bringing AI to clinical settings, recruiters, and patient access. P L AT F O R M P L AT F O R M P L AT F O R M Wellsoft × cirrusAI Mar
Slide 36: 2026 milestones we'll measure ourselves against.
11 · A C CO U N TA B I L I T Y 2026 milestones we'll measure ourselves against. Specific commitments. We will report progress against each through the year. S T R AT U S A I S T R AT U S A I CIRRUSAI Continued agent expansion Deployment ramp & call volume Inpatient launch via Wellsoft Expansion of a
Slide 37: The Lung Center.
12 · CLIENT PERSPECTIVE · 03 OF 03 The Lung Center. PRACTICE OF Edsel P. Holden II, M.D. PULMONOLOGY SPEAKING TODAY Edsel P. Holden II, M.D. Founding Physician · The Lung Center CareCloud Analyst Day · May 19, 2026 · Nasdaq MarketSite © 2026 CareCloud, Inc. · 37
Slide 38: Client success & impact
SECTION 06 — CUSTOMER VOICE Client success & impact 06 PRESENTED BY Crystal Williams 0 1 S T R AT E G I C F R A M E President, with clients from Fox Rehabilitation and KabaFusion 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE 06 CLIENT SUCCESS 07 Q&A CareClo
Slide 39: AI-powered. Measurable. Best-in-class.
0 1 · R E V E N U E C Y C L E P E R F O R M A N C E & O P E R AT I O N A L E X C E L L E N C E AI-powered. Measurable. Best-in-class. F I R S T - P A S S A C C E P TA N C E R AT E D E N I A L R AT E >99% <5% ✓ Exceeds best-in-class target ✓ Exceeds best-in-class target AI denial prediction engine co
Slide 40: Setting standards. Moving from lag to lead.
02 · DRIVING THE PARADIGM SHIFT Setting standards. Moving from lag to lead. Lead indicators — the metrics that matter now T H E I N D U S T RY M E A S U R E D T H E W R O N G T H I N G S For years, revenue cycle success was measured by lag indicators — metrics that tell you what already happened: +7
Slide 41: Proactive. Accountable. Outcome-driven.
0 3 · C L I E N T S AT I S F A C T I O N & R E T E N T I O N Proactive. Accountable. Outcome-driven. Client health Executive Top account Voice of the Executive onsite monitoring engagement governance client visits PROACTIVE VS OWNERSHIP VS D Y N A M I C V S S TAT I C CLOSED-LOOP VS WORKING SESSIONS
Slide 42: Fox Rehabilitation Services, Inc.
CLIENT PERSPECTIVE · 01 OF 03 Fox Rehabilitation Services, Inc. SPEAKING TODAY Dr. Anthony Buccafurni CareCloud Analyst Day · May 19, 2026 · Nasdaq MarketSite © 2026 CareCloud, Inc. · 42
Slide 43: Who We Are.
F O X R E H A B I L I TAT I O N · 01 OF 04 Who We Are. Nation's leading provider of in-home geriatric rehabilitation & wellness services — helping older adults be stronger so they can live better, longer. KEY BUSINESS HIGHLIGHTS 5,000+ 38 + DC 4M+ 1,500+ 98% CLINICIANS STATES FOOTPRINT ANNUAL PATIEN
Slide 44: CareCloud & FOX Partners since 2017
F O X R E H A B I L I TAT I O N · 02 OF 04 CareCloud & FOX Partners since 2017 THE CHALLENGE 01 Legacy, antiquated systems weren't sufficient to support the growth FOX was anticipating — significant RCM and technology platform challenges across the board. THE SOLUTION One unified platform. End-to-En
Slide 45: Industry-leading performance & growth
F O X R E H A B I L I TAT I O N · 03 OF 04 Industry-leading performance & growth Our partnership has provided tools and support that have encouraged positive results and supported growth. 1.5% 99.96% 99.74% 98.95% Denial rate Electronic claims First-pass resolution ERA adoption vs. ~5–10% industry a
Slide 46: The next chapter: agentic AI for RCM
F O X R E H A B I L I TAT I O N · 04 OF 04 The next chapter: agentic AI for RCM We are deploying agentic AI bots to automate and enhance select RCM functions — building on the same platform that already powers FOX's daily operations. AI AI Intelligent Claims Audit Automated Appeal Generation AI bot
Slide 47: KabaFusion.
CLIENT PERSPECTIVE · 02 OF 03 KabaFusion. Patient-focused infusion therapy. SPEAKING TODAY Dr. Sohail Masood CEO · KabaFusion CareCloud Analyst Day · May 19, 2026 · Nasdaq MarketSite © 2026 CareCloud, Inc. · 47
Slide 48: Questions & Answers.
CCLD INVESTOR ANALYST DAY · MAY 19, 2026 Questions & Answers. 0 1 S T R AT E G I C F R A M E Open floor with leadership. If virtual, ask in the Q&A tool or chat. 02 FINANCIAL OVERVIEW 0 3 C A P I TA L S T R U C T U R E 04 GROWTH ENGINE 05 AI SHOWCASE UP NEXT Nasdaq Closing Bell Ceremony 06 CLIENT SU
Slide 49: Adjusted EBITDA reconciliation
APPENDIX Adjusted EBITDA reconciliation March 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, 2026 2025 2025 2025 2025 2024 2024 2024 2024 ($ in thousands) Net income (loss) $922 $2,888 $3,060 $2,902 $1,948 $3,296 $3,122 $1,674 $(241) Depreciation 740
Slide 50: Non-GAAP free cash flow reconciliation
APPENDIX Non-GAAP free cash flow reconciliation 2023 2024 2025 ($ in thousands) Net cash provided by operating activities $ 15,461 $ 20,642 $ 28,561 Purchases of property and equipment (3,063) (1,697) (4,778) Capitalized software and other intangible assets (8,550) (5,709) (3,249) Free cash flow $ 3