Centene — Feb 6, 2026 release

4 Outlook Please refer to the Forward-Looking Statements , which should be reviewed in conjunction with the Company's 2026 outlook. For its 2026 fiscal year, the Company's guidance is as follows. Full Year 2026 GAAP diluted EPS > $1.98 Adjusted diluted EPS (1) > $3.00 (1) A full reconciliation of adjusted diluted EPS is shown in the Non-GAAP Financial Presentation section of this release. Full Year 2026   Low High  Total revenues (in billions) $ 186.5  $ 190.5  Premium and service revenues (in billions) $ 170.0  $ 174.0  HBR 90.9  % 91.7  % SG&A expense ratio 7.1  % 7.7  % Adjusted SG&A expense ratio (2) 7.1  % 7.7  % Effective tax rate 27.0  % 28.0  % Adjusted effective tax rate (3) 26.0  % 27.0  % Diluted shares outstanding (in millions) 495.6  498.6  (2) Adjusted SG&A expense ratio excludes acquisition and divestiture related expenses of approximately $300 thousand. (3) Adjusted effective tax rate excludes income tax effects of adjustments of approximately $161 million to $164 million. For additional guidance details, please see the 2026 Guidance Presentation referenced at Exhibit 99.2. Conference Call As previously announced, the Company will host a conference call Friday, February 6, 2026, at 9:00 a.m. ET to review the financial results for the fourth quarter and year ended December 31, 2025. Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 in the