Centene — Apr 25, 2025 release

"Our first quarter results demonstrate the resiliency of Centene's platform and the progress we are making as an organization while navigating a dynamic policy landscape," said Chief Executive Officer of Centene, Sarah M. London. "We are pleased to reiterate our full year 2025 adjusted diluted earnings per share outlook of greater than $7.25 and continue to see attractive opportunities to grow from the strength of our core businesses in the years to come." 1 Other Events • In April, Centene's subsidiary, SilverSummit Healthplan, Inc., was selected by the Nevada Department of Health and Human Services to continue to provide services for its Medicaid managed care program. For the first time the program will include expansion of Medicaid Managed Care into rural and frontier service areas, communities that were previously fee-for-service. Subject to state approval, the contract is expected to begin in January 2026 and has a five-year term, with the option of a two-year extension, for a total of seven possible contract years. Ambetter from SilverSummit HealthPlan, SilverSummit's Marketplace offering, was also selected by the Nevada Department of Health and Human Services for its Marketplace public option, the Battle Born State Plan (BBSP). The contract is expected to begin in January 2026 and has a five-year term with the option of a two-year extension and is expected to cover 16,000 individuals in the first year. • In March, Centene's subsidiary, Meridian Health Plan of Illinois, Inc., was selected by the Illinois Departm