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Page 1: 2015 Investor & Analyst Day: Corporate Overview (1/8)

1

June 25, 2015

Page 2: 2015 Investor & Analyst Day: Corporate Overview (1/8)

v

Investor & Analyst Day

Introduction

JP Fielder

Senior Director

Corporate Communications

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Page 3: 2015 Investor & Analyst Day: Corporate Overview (1/8)

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The information and data presented here was prepared for investors and potential investors. It includes forward-looking information on investigational products in development that are not available for sale in the United States. These include early-stage development products for which the performance characteristics have not yet been established.

Page 4: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Safe Harbor statement

Certain statements made in this presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act

of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended that are intended to be covered by the

"safe harbor" created by those sections. Forward-looking statements can generally be identified by the use of forward-looking terms such

as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. All

statements other than statements of historical facts included in this presentation regarding our strategies, prospects, financial condition,

operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others,

statements we make regarding expected future operating results, anticipated results of our sales and marketing efforts, expectations

concerning payer reimbursement and the anticipated results of our product development efforts. Forward-looking statements are neither

historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions

regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future

conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in

circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ

materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking

statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the

forward-looking statements include, among others, the following: our ability to successfully and profitably market our products; the

acceptance of our products by patients and health care providers; the amount and nature of competition from other cancer screening

products and procedures; our ability to maintain regulatory approvals and comply with applicable regulations; our success establishing and

maintaining collaborative and licensing arrangements; our ability to successfully develop new products; and the other risks and

uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of

Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q.

We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time,

whether as a result of new information, future developments or otherwise.

Page 5: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Today’s agenda

Welcome and Introductions7:00 – 7:30a Breakfast

7:30 – 7:45a Exact Sciences Vision

7:45 – 8:00a Exact Sciences Laboratories and Customer Care Center

Driving Cologuard® Success8:00 – 8:45a Cologuard® Execution

8:45 – 9:15a Cologuard® Q&A

9:15 – 9:30a Morning break

Fighting Cancer through Early Detection9:30 – 9:50a Building a Pipeline: Our Approach to Technology

9:50 – 10:00a Cologuard® Expansion

10:00 – 10:20a Pancreatic Cancer

10:20 – 10:40a Esophageal Cancer

10:40 – 11:15a Lung Cancer

11:15 – 12:00p Pipeline Q&A

12:00p Lunch12:30 – 2:00p Optional Lab Tours (buses depart from Edgewater at 12:30p)

Thursday

June 25, 2015

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Investor & Analyst Day

Speaker

Kevin Conroy

Chairman and

Chief Executive Officer

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Exact Sciences

Our Vision for the Future

Kevin Conroy

Chairman and

Chief Executive Officer

Page 8: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Investor & Analyst Day key takeaways

Cologuard® execution: Offering significant benefits to patients

and providers through advanced screening; ramp accelerating

Management strength: Experienced team with track record of execution

Impactful pipeline: Leveraging first-of-its-kind commercial product

to increase shareholder value

Industry leader: Product development, regulatory reviews

and commercialization

Page 9: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Investor & Analyst Day

Speakers

Maneesh Arora

Chief Operating Officer

Graham Lidgard

Chief Science Officer

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Investor & Analyst Day

Speakers

Bill Megan

Senior Vice President,

Finance

Ana Hooker

Senior Vice President,

Operations

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Investor & Analyst Day

Speakers Sam Hanash, MD, PhD

Director, MD AndersonMcCombs Institute for

Early Detection and Treatment of Cancer

David A. Ahlquist, MD

Gastroenterologist, GattonProfessor of Digestive Diseases Research,

Mayo Clinic

Page 12: 2015 Investor & Analyst Day: Corporate Overview (1/8)

To work with patients, payers and providers to help play a role in the

eradication of colorectal cancer

OUR FIRST MISSION

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Building a leading early cancer detection company

Developing tests for lung cancer

Expanding toward other GI cancers

Developing Cologuard® and driving commercializationPATIENT

IMPACT

TIME

Page 14: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Exact Sciences is committed to helping win the war on cancer through

early detection

OUR VISION

CancerRanked by

deaths per year

Lung 1

Colon 2

Pancreatic 4

Esophageal 10

Combined 270,000 US deaths per year

Source: American Cancer Society Cancer Facts & Figures 2014. Atlanta: American Cancer Society; 2014.

Page 15: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Cologuard®: Foundation to our success

First-ever, FDA-approved, Medicare-covered non-invasive colon cancer screening test

Potential to screen 80 million average-risk Americans

Strong uptake since October 2014 launch

Developed in collaboration with Mayo Clinic

Source: American Cancer Society Cancer Facts & Figures 2015. Atlanta: American Cancer Society; 2015.

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Technology platform

CLIA laboratories

Established product development and regulatory approval

Commercialization capabilities

Direct connection to physicians and patients

Leveraging our assets to maximize

product development and patient impact

Page 17: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Pancreatic

40,560US Deaths

Esophageal

15,590US Deaths

Lung

158,040US Deaths

A pipeline to address America’s deadliest cancers

Source: American Cancer Society Cancer Facts & Figures 2015. Atlanta: American Cancer Society; 2015.

Page 18: 2015 Investor & Analyst Day: Corporate Overview (1/8)

Maintaining a formula for success

Best-in-class

People

Clear and

Focused StrategyExecution

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Third Wave Technologies

2001 - 2008

Feb 9, 2001

$11.06

Dec 15, 2005

$3.00

Jul 24, 2008

$11.25(Acquisition)

Management Change

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Exact Sciences

2001 – June 24, 2015

Feb 1, 2001

$15.00

March 16, 2009

$0.83

Management Change

June 24 , 2015

$31.16

Source: NASDAQ

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Exact Sciences Laboratories and

Customer Care Center

Ana HookerSenior Vice President, Operations

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Comprehensive screening program

driving compliance

Customer Care Center

Laboratories

73%Patient Compliance*

*Patient compliance rate: number of valid

test results reported divided by the number

of collection kits shipped to patients 60 or

more days prior to June 19, 2015.

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Customer care center engages

patients and physicians

PhysicianSatisfaction

75People

and Growing

Customer CareRepresentative

24/7365

PatientSatisfaction

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• State-of-the-art

screening technology

• 30k sq. ft. of flexible

and scalable space

Custom-designed laboratories

elevate screening capabilities

1MCapacity of tests

Exact Sciences

can run per year

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HIGH QUALITY

leads to

HIGH COMPLIANCE

Page 26: 2015 Investor & Analyst Day: Corporate Overview (1/8)