1、 Formatted Report 1-877-FACTSET Total Pages:21 Copyright 2001-2025 FactSet CallStreet,LLC 31-Jul-2025 CVS Health Corp.(CVS)Q2 2025 Earnings Call CVS Health Corp.(CVS)Q2 2025 Earnings Call Formatted Report 31-Jul-2025 1-877-FACTSET 2 Copyright 2001-2025 FactSet CallStreet,LLC CORPORATE PARTICIPANTS L
2、aurence F.McGrath Executive Vice President,Chief Strategy Officer and Chief Strategic Advisor to the CEO J.David Joyner President,Chief Executive Officer&Director Brian O.Newman Executive Vice President&Chief Financial Officer Steven H.Nelson Executive Vice President and President,Aetna Prem S.Shah
3、Group President&Executive Vice President .OTHER PARTICIPANTS Lisa C.Gill JPMorgan Securities LLC Justin Lake Wolfe Research LLC Stephen Baxter Wells Fargo Securities LLC George Hill Deutsche Bank Securities,Inc.Elizabeth Anderson Evercore ISI Andrew Mok Barclays Capital,Inc.Eric Percher Nephron Rese
4、arch LLC Erin Wilson Wright Morgan Stanley&Co.LLC John W.Ransom Raymond James&Associates,Inc.CVS Health Corp.(CVS)Q2 2025 Earnings Call Formatted Report 31-Jul-2025 1-877-FACTSET 3 Copyright 2001-2025 FactSet CallStreet,LLC MANAGEMENT DISCUSSION SECTION Laurence F.McGrath Executive Vice President,Ch
5、ief Strategy Officer and Chief Strategic Advisor to the CEO NON-GAAP FINANCIAL MEASURES.During this call,well use non-GAAP measures when talking about the companys financial performance and financial condition And you can find a reconciliation of these non-GAAP measures in this mornings press releas
6、e and in the reconciliation document posted to the Investor Relations portion of our website .J.David Joyner President,Chief Executive Officer&Director BUSINESS HIGHLIGHTS.Opening Remarks We are pleased to report another consecutive quarter of solid results as we execute against our ambition of beco