ADDED
As of February 4, 2026, the registrant had 1,272,211,063 shares of common stock outstanding.
As of December 31, 2025, we had approximately 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics and a leading pharmacy benefits manager with approximately 87 million plan members and expanding specialty pharmacy solutions.
Business Strategy Our ambition at CVS Health is to be America s most trusted health care company.
Our purpose is to simplify health care one person, one family and one community at a time.
Across our unique collection of businesses, our work is rooted in our values: we care, we innovate with purpose, we are accountable and we prioritize safety and quality.
Our strategy is focused on simplifying health care experiences, improving engagement, lowering costs and delivering better health outcomes.
We expect to create sustainable shareholder value by delivering best-in-class execution, transforming consumer experiences, being the partner of choice and harnessing enterprise capabilities, enabled by innovation and capital stewardship.
Health Care Benefits Segment The Health Care Benefits segment operates as one of the nation s leading diversified health care benefits providers through its Aetna operations, serving an estimated more than 37 million people as of December 31, 2025.
The Company also sold Insured plans directly to individual consumers through the individual public health insurance exchanges ( Public Exchanges ) through the year 2 ended December 31, 2025.
The Company exited the states in which Aetna operated on the Public Exchanges effective January 2026.
REMOVED
As of February 5, 2025, the registrant had 1,260,795,063 shares of common stock outstanding.
As of December 31, 2024, we had more than 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members and expanding specialty pharmacy solutions, and a dedicated senior pharmacy care business serving more than 800,000 patients per year.
Business Strategy We are building a world of health around every consumer we serve, seeking to make it easier and more affordable to live a healthier life.
This means delivering solutions that are more personalized, simpler to use and increasingly digital so consumers can receive care when, where and how they desire.
We address holistic health physical, emotional, social and economic and we are creating new sources of value through our integrated care model which allows us to expand into personalized, technology driven care delivery and health services, increasing access to quality care, delivering better health outcomes and lowering overall health care costs.
We believe our consumer-centric strategy will drive sustainable long-term growth and deliver value for all stakeholders.
Health Care Benefits Segment The Health Care Benefits segment operates as one of the nation s leading diversified health care benefits providers, serving an estimated more than 36 million people as of December 31, 2024.
The Company sold Insured plans directly to individual consumers through the individual public health insurance exchanges ( Public Exchanges ) in 17 states as of December 31, 2024.
The Company offered these services on an Insured or ASC basis in 16 states in 2024.
At December 31, 2024, the Company s underlying nationwide provider network had approximately 1.9 million participating providers.