Latest Investor Presentation

WHAT DRIVES

LONG-TERM GROWTH

Long-term demographic,

political, technology, and economic

trends favor our business

Meaningful barriers to entry in many markets

Organic growth through scope increases and amendments supplement new market expansion

How We Operate at Scale

Built to Adapt and Win

HIGHLY DESIRABLE

LONG-TERM RELATIONSHIPS

Masterfile

Accurate processing of taxes in the U.S.

Proven

Durability with Large Customers

4 INVESTOR PRESENTATION

California

New York

Texas

U.S. Dept. Edu.

U.S. Dept.

Veterans Affairs

U.S. Centers for Medicare

& Medicaid Serives

U.S. Internal

Revenue Service

U.S. SEC

U.K. DWP

U.S. Centers for

Disease Control and

Prevention

Maximus U.S. Federal is #1 Provider at:

IT Security Implementation

Project and program management for the IRS cybersecurity organization

EDGAR

Provides free public access to corporate filings which increases the efficiency, transparency, and fairness of the securities markets

Contact Center Operations (CCO)

Serves as the primary support engagement center for Medicare and the federal exchange utilized by 30+ states under the Affordable Care Act (ACA)

Segment & Revenue Disaggregation

$689

Technology Solutions

FY23 of $4,905M

How We Are Paid

Time & Materials

Labor rate per hour plus reimbursement of non-labor costs

HIGHER RISK

HIGHER MARGIN

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 member per month

Area of emphasis due to common use on Business Process Services (BPS) programs

Area of emphasis due to common use in technology services

LOWER RISK

LOWER MARGIN

Cost Plus

Reimbursed for direct & indirect expenditures

Profit rate is contractual, may include an award fee component (based on performance)

Fixed price

Time and materials

Delivery Strategies

Maximus enables governments to respond to complex technology, health, and social challenges they face in delivering their largest and most critical programs

Business Process

Services (BPS)

Technology Consulting Services (TCS)

Customer Services,

Digitally Enabled

Objectives

• Expand Maximus' leadership in delivering outcomes-focusedgovernment-to-customer interactions
• Leverage understanding of intersections of policy and consumer needs
• Capitalize on government's commitment to a better Customer Experience (CX)

Examples of Our Success Thus Far

How This Supports Our Strategy

Organic & New

Business Growth

Digital Solutions =

Competitive Differentiation

Catalyst for Contract

Amendments

Margin Improvement

Achievement of Service Levels

Quality Improvement

& Error Reduction

Future of Health

• Expanding our commitment to help governments satisfy the rising demand for health services
• Includes the delivery of health services
  directly (i.e., via clinicians or other health professionals) or indirectly (i.e., analytics, infection control)

What makes this strategic & how will we win?

What This Means:

In Scope

Assessments & Appeals

Care Navigation, Integration & Access

Tech-enabled Telecare & Assessments

Chronic Disease Prevention

Veterans, Military Staff & Families Counseling

Mental Health Provision

Out of Scope

Strong track record of delivering complex programs with a clinical dimension

Significant "open space"

exists to further

expand our assessment

business

Independence and conflict-free status area competitive advantage

Hospital Facilities Management

Staffing Hospitals & Providing Acute Care

Prescribing Medications