CloudMD to Acquire Oncidium, One of the Largest Healthcare Providers to the Employer Market in Canada Increases CloudMD’s annualized revenue run rate to over $120 million with positive Adjusted EBITDA CloudMD Software & Services Inc. Oncidium is one of Canada’s leading health management companies with a loyal client base of over 500 corporate and public sector clients across various industries This transformative acquisition expands CloudMD’s National footprint to include 5,500 clients, 8,500 direct healthcare providers and over 5 million individual lives touched The $100 million transaction value (including the full performance-based earnout) represents CloudMD’s largest acquisition to date; upfront consideration implies a valuation multiple of ~1.8x last twelve months (“LTM”)