X0306 4 2019-08-20 0 0001756497 Change Healthcare Inc. CHNG 0001540752 Eliasson Fredrik J C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 0 1 0 0 EVP & CFO Common Stock 2019-08-20 4 A 0 69252 0.00 A 99252 D Common Stock 40000 I See Footnote Represents a grant of restricted stock units that vest as follows: (a) 25% will vest on each of August 1, 2021, 2022 and 2023; and (b) 25% will vest on August 1, 2021, unless a Qualified MCK Exit (as defined in the LLC Agreement of Change Healthcare LLC) has occurred prior to the second anniversary of the Company's initial public offering, in which case such 25% of the restricted stock units will instead vest on the later of (x) August 20, 2020 and (y) the date that is 30 days after a Qualified MCK Exit. Reflects securities held by a trust, of which the Reporting Person and his spouse are trustees. /s/ Loretta Cecil, as Attorney-in-Fact 2019-08-22