On February 11, 2021, the Board of Directors of Inovalon Holdings, Inc. established the position of lead independent director. On February 11, 2021, the independent directors of the Board appointed William J. Teuber, Jr. as the Lead Independent Director, effective immediately. Mr. Teuber will serve as the Lead Independent Director until his successor is duly appointed and qualified, or until his earlier removal or resignation or such time as he is no longer considered an independent director under the NASDAQ listing rules.