#1coursera 1#2Disclaimer Information contained in this presentation is current as of the Q1 2022 earnings date coursera Non-GAAP Financial Measures In addition to financial information presented in accordance with GAAP, this press release includes non-GAAP gross profit, non-GAAP net loss, adjusted EBITDA, adjusted EBITDA margin and Free Cash Flow, each of which is a non-GAAP financial measure. These are key measures used by our management to help us analyze our financial results, establish budgets and operational goals for managing our business, evaluate our performance, and make strategic decisions. Accordingly, we believe that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and board of directors. In addition, we believe these measures are useful for period-to-period comparisons of our business. We also believe that the presentation of these non-GAAP financial measures provides an additional tool for investors to use in comparing our core business and results of operations over multiple periods with other companies in our industry, many of which present similar non-GAAP financial measures to investors, and to analyze our cash performance. However, the non-GAAP financial measures presented may not be comparable to similarly titled measures reported by other companies due to differences in the way that these measures are calculated. These non-GAAP financial measures are presented for supplemental informational purposes only and should not be considered as a substitute for or in isolation from financial information presented in accordance with GAAP. These non-GAAP metrics have limitations as analytical tools. Forward Looking Statements This presentation contains forward-looking statements that involve substantial risks and uncertainties. Any statements contained in this press release that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: "accelerate," "anticipate, "believe," "can," "continue," "could," "demand," "estimate," "expand," "expect," "intend," "may," "might," "objective," "ongoing," "outlook", "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These forward-looking statements include, but are not limited to, statements regarding: Coursera's growing prominence as a global destination for learners seeking job-relevant skills and the platform through which institutions are driving collaboration; broadening access to higher education and creating a new and inclusive learning model; the demand for online learning; anticipated features and benefits of our customer and partner relationships and our content and platform offerings; the anticipated utility of non-GAAP measures; anticipated growth rates; and our financial outlook, future financial performance, and expectations, among others. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our ability to manage our growth; our limited operating history; the nascency of online learning solutions and risks related to market adoption of online learning; our ability to maintain and expand our partnerships with our university and industry partners and to create opportunities with new partners; our dependence on our partners for content available on our platform; our ability to attract and retain learners; our ability to increase sales of our Enterprise offering; our ability to compete effectively; the COVID-19 pandemic's impact on our business and our industry; regulatory matters impacting us or our partners; risks related to intellectual property; cyber security and privacy risks and regulations; potential disruptions to our platform; risks related to international operations, including regulatory, economic, and geopolitical conditions, and our status as a B Corp, as well as the risks and uncertainties discussed in our Annual Report on Form 10-K for the year ended December 31, 2021 and as detailed from time to time in our SEC filings. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Such forward-looking statements relate only to events as of the date of this press release. We undertake no obligation to update any forward-looking statements except to the extent required by law. 2#3The Future of Learning and Work 42nd Annual William Blair Growth Stock Conference Jeff Maggioncalda CEO of Coursera coursera 3#401 02 03 The future of learning and work Our global learning ecosystem Financial results and growth levers coursera#51 13 NO POVERTY AFFORDABLE CLEAN ENERGY CLIMATE ACTION 2 8 ZERO HUNGER DECENT WORK AND ECONOMIC GROWT LIFE BELOW WATER )● 3 GOOD HEALTH AND WELL-BEING w/ INDUSTRNOVATION ANTRASTRUCTURE 13 AU LIFE 15 ON LAND 4 EDUCATION 10 16 REDUCED INEQI ALITIES PEACE, JUSTICE AND: TRONG INSTITUTIONS 5 17 GENDER EQUALITY D D COMMUNITIES PARTNERSHIPS THE GOALS 6 CLEAN WATER AND SANITATION RESPONSIBLE CONSUMPTION AND PRODUCTION GO 12 THE GLOBAL GOALS For Sustainable Development#6Stanford University UNIVERSITY OF I ILLINOIS VRBANA-CHAMPAIGN INDIAN INST INSTITUTE AGEMENT OF CALCUTTA MANAGE (AA) Mall UNIVERSITY Ull Microsoft M UNIVERSITY OF MICHIGAN Tecnológico de Monterrev 100,000,000 learners aws Penn UNIVERSITY OF PENNSYLVANIA FIA FUNDAÇÃO INSTITUTO DE ADMINISTRAÇÃO UNIVERSITY OF LONDON ∞ Meta#7Access to education is unequal and it's getting worse % accessing tertiary education (Gross Enrollment Ratio) 2018 77% 55% 25% vs 38% 52% 3.7 billion 38% Source: UNESCO, Towards Universal Access to Higher Education, Dec. 2020 17% 2000 I 4 53% vs 44% 24% 44% 11% 67% vs 50% 10% 4.0 billion 50% 5%#8No college degree Decreasing global demand for lower-skilled jobs Estimated change in share of total employment, post-COVID-19 scenario, 2018 to 2030,¹ percentage points Occupational category Health aides, techs, care workers STEM professionals Health professionals Managers Business/legal professionals Creatives and arts management Transportation services Builders Mechanical installation and repair Customer service and sales Food services Agriculture Production and warehousing Office support Source: McKinsey, Future of Work, Feb. 2021 United States Spain Decrease United Kingdom France -8.9 -1.0 -0.4 -0.1 0 0.1 0.4 1.0 2.7 Increase Germany Japan China India#9No college degree Decreasing global demand for lower-skilled jobs Estimated change in share of total employment, post-COVID-19 scenario, 2018 to 2030,¹ percentage po Occupational ca Health aides, tec STEM profession Health professio Managers Business/legal p Creatives and art Transportation s Builders Mechanical installation and repair Customer service and sales Food services "The big challenge ahead will be determining how to transition workers from declining occupations to jobs of the future." Agriculture Production and warehousing Office support Decrease Source: McKinsey, Future of Work, Feb. 2021 Increase The Working Future, 2022, Bain & Company 2.7 dia#10"COVID-19 is a human tragedy. But it has also created a generational opportunity. An opportunity to build back a more equal and sustainable world.” António Guterres Secretary-General of the United Nations Tackling Inequality: A New Social Contract for a New Era, July 2020 10.#11The World Economic Forum's Drivers of Social Mobility Education Source: WEF, Global Social Mobility Report, Jan. 2020 Technology Health Institutions Work 11#12Emerging job opportunities require digital skills Top 10 jobs with increasing demand 1 Data Analysts and Scientists* 2 Al/ML Learning Specialists 3 Big Data Specialists 4 Digital Marketing and Strategy Specialists* 5 Process Automation Specialists 6 Business Development Professionals* 7 Digital Transformation Specialists 8 Information Security Analysts* 9 Software/Application Developers* 10 Internet of Things Specialists Job capacity Digital job capacity from 2020-2025 41M 2020 Note: Asterisk denotes entry-level jobs as calculated using Burning Glass data as of April 20, 2022 Sources: WEF, Future of Jobs Report, Oct. 2020; Microsoft Data Science, June 2020 51M 66M 90M 127M 190M 2021 2022 2023 2024 2025 149M new jobs by 2025 98M Software development* 23M Cloud and data roles 20M Data analysis and Al 6M Cybersecurity* 1M Privacy and trust 12#13Demand for skills is driving remote work across regions Remote worker penetration of total employees by country 0% Italy 5% Japan 10% China India Brazil 15% France 20% Germany United Kingdom 25% 30% Source: Gartner, Forecast Analysis: Remote and Hybrid Workers, Worldwide, June 2021 United States 35% 40% % Share of remote workers of total employees 45% 50% 55% 2019 2022 2025 60% 13#14Demand for digital skills is creating a new war for talent Employer opinion: "What's making it difficult to recruit workers?" Inability to find the right skills at the right price in the market Higher government stimulus and unemployment benefits 50% New competitors for talent given flexible working practices of companies outside of normal geographic scope 50% Fewer qualified employees are available to hire 48% Insufficient compensation and/or benefits package 28% Source: Mercer, Inside Employees' Minds Report, Aug. 2021 57% 14#15Demand for digital skills is creating a new war for talent Employer opinion: "What's making it difficult to recruit workers?" Inability to find the right skills at the right price in the market Higher government stimulus a New competitors for talent Fewer qualified employees an 80% of CEOs said they're offering increased work-from-home flexibility in an attempt to attract and retain talent. Deloitte CEO Survey, Fall 2021, Fortune 48% Insufficient compensation and/or benefits package 28% Source: Mercer, Inside Employees' Minds Report, Aug. 2021 scope 15#16The Great Resignation → The Great Reskilling Responses from 15,000 U.S. workers who participated in upskilling programs % Agree/Strongly agree 71% My overall satisfaction with my job/career has increased 65% My standard of living has increased Source: Amazon/Gallup, The American Upskilling Study: Empowering Workers for the Jobs of Tomorrow, 2021 69% My overall quality of life has improved 16#17The Great Resignation → The Great Reskilling Respo 7 Over 100 million workers in 8 focus countries - or 1 in 16 — may need to switch to a different occupation by 2030 to remain employed, a 12% increase overall compared to before COVID-19, and an increase of up to 25% in advanced economies. McKinsey, Future of Work, Feb. 2021 Study countries included China, France, Germany, India, Japan, Spain, United Kingdom, and United States My overall sa my job/career has meleased Tas Mertaseu Source: Amazon/Gallup, The American Upskilling Study: Empowering Workers for the Jobs of Tomorrow, 2021 rograms 59% quality of life Tas improved 17#18Online learning + remote work help unlock the promise of The Great Reskilling ! Challenges Access to education is unequal Unequal access leads to unequal economic opportunity Automation and the pandemic worsened inequality Inequality will worsen further for those with lower skills 18.#19Online learning + remote work help unlock the promise of The Great Reskilling ✓ Opportunities Online learning has dramatically increased access Digital jobs are in high demand and pay well The skills to do these jobs can be learned online Digital jobs can increasingly be done anywhere 19#2001 02 03 The future of learning and work Our global learning ecosystem Financial results and growth levers coursera 20#21Coursera A lifelong learning platform for the great reskilling 250+ Educator Partners Learners Learn & prosper Educators Teach the world Source: Coursera data, March 31, 2022 coursera 100+ million Registered learners 900+ Paid Enterprise Customers Institutions Transform talent 21#22Learners Gaining essential career skills oOo#23Millions 100 50 21M 2016 Number of registered learners 28M Increased demand for online learning 2017 35M 2018 Source: Coursera data, March 31, 2022 44M 2019 71M 2020 97M 2021 Millions 200 100 26M 2016 Number of enrollments 43M 2017 59M 2018 76M 2019 143M 2020 194M 2021 23#24Highest growth in emerging economies Top 5 Countries 1. US 19M 2. India 16M 3. Mexico 5.2M 4. Brazil 4.1M 5. China 3.5M +21% 22M North America +20% 19M LATAM Note: Middle East refers to Middle East and North Africa while Africa refers to Sub-Saharan Africa. Source: Coursera data, March 31, 2022 +20% 18M Europe +31% 6M Middle East +42% 4M Africa +39% 16M India +26% 16M Asia Pacific excluding India 24#2550% 25% 0 38% 2019 More women are learning online Global 45% 2020 Source: Coursera data, March 31, 2022 44% Percent of overall course enrollments for women 44% 2021 2022 Q1 50% 25% 42% 2019 55% 2020 U.S. 48% 2021 50% 2022 Q1 25#2650% 25% 0 31% 2019 Global 38% 2020 Source: Coursera data, March 31, 2022 37% 2021 Closing the STEM gap Percent of STEM course enrollments for women 38% 2022 Q1 50% 25% 35% 47% 45% 42% 111 2019 U.S. 2020 2021 2022 Q1 26#27Online learning unlocks economic opportunity Source: Coursera Learner Outcomes Survey, March 31, 2022 73% of learners on Coursera report career benefits after learning 27#28Educators Creating world-class content and credentials#29Stackable content from top university and industry partners 2,500+ Projects ~5,000 Courses X X X X X X X X 625+ Specializations 75+ Certificates Source: Coursera data, March 31, 2022 35+ Degrees O O O 0 O W O O O O O ▸ O ▸ ▸ Learn a tool <2 hours Explore a topic 4-6 weeks Advance a skill 3-6 months Get a job 3-12 months Earn a degree 2 years+ 29#30Stanford University FEEEE ualberta.ca W UCI DAVIS A ARIZONA STA UNIVERSIT Coursera partners with 170+ top universities University of Colorado Boulder UC San Diego I ILLINOI! McMaster Univer PEPPERDINE ME UNIVERSITY OF MICHIGAN UNT EST. 1970 EMORY Penn, RNM JOHNS Duke M Casa abierta al terse HOPKINS UNIVERSITY HOWARD UNIVERSITY MOREHOUSE 1'1 MARYL versidad de los Andes Eiendel de Ch Source: Coursera data, March 31, 2022 20 AUSTR Y 4501 UNY) USP UNIVERSIDADE DE SAO PAULD Insper FIA UP Universidad de Palermo DINBUR NACIONAL MANCHESTER Imperial College London Un TU/e A UNIVERSITY OF LONDON DIESE ESA Reinventing Higher Education S LUND UNIVERSITY tramus Unive Pe EE . TNIVERSITY BE Unil em Alyon A business fooled School INSEAD Isae SUPAERO JTU TORE ESSEC ROLITECNICO Bocconi MILANO FL LMU SM нес пл КОС UNIVERS V UNVERTY OF BRUSALEM 000 TELAVY TO UNIVERSITY ON ISB Storm O MARAORS TIT MODER www. ASTELE NUS UNIVER WETERN ALORIDAY KAST 東京大学 UNIVIE (6k STAND LO SYDNEY UNSW THE UNIVERSITY OF MELBOURNE MACQUARIE 30#31Coursera hosts 35+ degrees NAMER Source: Coursera data, March 31, 2022 14 Degrees LATAM 9 Degrees EMEA 8 Degrees APAC 7 Degrees 31#32TEM STED DCHILL SEN Tecnológico de Monterrey UNIVERSITY OF LONDON Coursera hosts 35+ degrees Added 10+ degree programs in the last year Queen Mary University of London Pontificia Universidad Católica de Chile Master in Global Public Health Master of Science in Applied Data Analytics Pontificia Universidad Católica de Chile Master of Investment and Applied Finance Pontificia Universidad Católica de Chile Master of Data Science Pontificia Universidad Católica de Chile Master of Business Analytics Tec de Monterrey Master in Business Management University of London Master of Science in Cyber Security Source: Coursera data, March 31, 2022 Queen Mary University of London UNT NORTH-TEXAS UNIVERSITY OF LONDON RESLON University of Colorado Boulder Master of Engineering in Engineering Management University of North Texas Bachelor of Science in General Business University of London BSc Business Administration Indian Statistical Institute Postgraduate Diploma in Applied Statistics 32#33Coursera hosts 35+ degrees 44% of degree partners on Coursera offer multiple degrees Source: Coursera data, March 31, 2022 Source: Coursera data, March 31, 2022 33#34PARTNER CASE STUDY Removing admissions barriers J University of Colorado Boulder CU Boulder launched the first performance-based degrees on Coursera-and added another STEM degree this year to meet growing demand. Admissions are entirely application-free, based instead on performance in a series of gateway courses. All students who maintain a B average are automatically admitted. "Our program is uniquely structured to draw applicants from diverse backgrounds." Christy Bozic Director of the Engineering Management Program CU Boulder 70+ open courses 40% of students first enroll in open degree content 29% YoY growth in MSEE students#35PARTNER CASE STUDY Building cross-university pathways UNIVERSITY OF LONDON I Gies College of Business UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGN For the first time on Coursera, two university partners, from the UK and US, are collaborating to create degree pathways between institutions. Graduates of the University of London's Bachelor's degrees in both Marketing and Business Administration will have a preferred admissions pathway into Illinois' Master of Management degree-creating a seamless path for lifelong learning. Admission pathways between universities UNIVERSITY OF LONDON BSc Marketing I GIES UNIVERSITY OF LONDON Master of Management BSc Business Administration#36(- Alibaba Cloud CLOUDERA Coursera collaborates with 80+ industry partners A AUTODESK. amil pwc consEnsYS ACADEMY HubSpot IBM ATLASSIAN MathWorks ∞ Meta deeplearning.ail expl plorato INFOSEC INSTITUTE aws awip salesforce Ssas SoFi ratorium GitLab (intel) intuit Microsoft MoMA E Tencent Cloud BCG BOSTON CONSULTING GROUP Google NEW YORK INSTITUTE FINANCE mongoDB ESTABLISHED W BID Mejorando vidas Google AR & VR LAUREATE EDUCATION INC ORACLE all paloalto unity USO vmware® 11.11. Networking CISCO Academy Google Cloud THE LINUX FOUNDATION PHILIPS WORLD BANK GROUP 36#37(-) Alibaba Cloud CLOUDERA HubSpot MathWork pwc Coursera collaborates with 80+ industry partners salesforce Recently announced 10+ new industry partners accenture ADP Genentech pwc Ssas SoFi goodwill Campus SAP E Tencent Cloud BBVA Hero MINDMINE LEARN DISCOVER ACHIEVE coinbase Tally POWER OF SIMPLICITY ←unity Ⓡ HR CERTIFICATION INSTITUTE™ USO vmware 11.11. Networking ISCO Academy Google Cloud THE FOUNDATION PHILIPS WORLD BANK GROUP 37#38Entry-level Professional Certificates are a path to digital jobs Career pathways 150+ hiring partners 900k enrollments 9 goodwill Workforce Partners G merit AMERICA Google IT Support Google PROFESSIONAL CERTIFICATE 59% do not have a 4-year college degree Community Colleges 53% identify as Black, Latino, female, or veteran 46% report earning less than $30K annual income Crate& wayfair verizon Barr Degree pathways 32 UNIVERSITY OF LONDON Northeastern University UNT UNIVERSITY OF NORTH TEXAS H 15 38#39Entry-level Professional Certificates are a path to digital jobs American Council on EducationⓇ ACE G G Data Analytics 8 Meta IT Support Social Media Marketing IBM Data Analyst credit recommendation for 8 entry-level Professional Certificates degree or veteran G Project Management UX Design IBM Data Science IBM Cybersecurity Analyst annual income Northeastern University izon UNT UNIVERSITY OF NORTH TEXAS H 39#40PROFESSIONAL CERTIFICATES Live today... G Meta IT Support Data Analytics IBM Data Science IBM Data Analyst Social Media Marketing salesforce 269,000 jobs IBM Data Warehouse Eng IBM Mainframe Developer Sales Operations 100,000 IBM DevOps and Software Eng 50,000 HubSpot Sales Representative 45,000 55,000 100,000 33,000 4,000 55,000 480,000 Meta Project Management UX Design Marketing Analytics IBM Full Stack Cloud Dev IBM Data Engineer IBM Cybersecurity Analyst 200,000 IBM Data Analytics with Excel intuit Bookkeeping 75,000 salesforce Sales Development Rep Source: Burning Glass Labor Insight Report data, Apr. 01, 2021 - Mar. 31, 2022 45,000 85,000 100,000 50,000 175,000 55,000 355,000 G Digital Mkg & E-commerce 130,000 Coming soon... 8 8 8 8 8 Meta Meta Back-end Developer Front-end Developer iOS Developer Android Developer Database Developer Akamai Support Engineer 28,000 45,000 13,000 14,000 103,000 11,000 h. HRCI HR Associate IBM Tech Support Specialist IBM Supply Chain Analyst IBM Operations Analyst Microsoft Microsoft Web Developer Cybersecurity Analyst 143,000 Note: Professional Certificate titles and focus areas announced today are subject to change. 269,000 33,000 179,000 123,000 176,000#41PROFESSIONAL CERTIFICATES Live today... G G Meta IT Support Data Analytics IBM Data Science Social Media Marketing IBM Data Analyst salesforce 269,000 jobs IBM DevOps and Software IBM Data Warehouse Eng IBM Mainframe Developer Sales Operations HubSpot Sales Representative 4,000 55,000 G Project Management GUX Design 480,000 Source: Burning Glass Labor Insight Report data, Apr. 01, 2021 - Mar. 31, 2022 200,000 salesforce Sales Development Rep intuit Bookkeeping 1,600,000+ job openings in the U.S. Source: Burning Glass Labor Insight Report data, Apr. 01, 2021 - Mar. 31, 2022 55,000 355,000 G Digital Mkg & E-commerce Coming soon... 8 Matr 130,000 Back-end Developer Akamai Support Engineer 11,000 h. HRCI HR Associate MTech Support Specialist 269,000 BM Supply Chain Analyst OM Operations Analyst crosoft Microsoft Web Developer Cybersecurity Analyst 143,000 Note: Professional Certificate titles and focus areas announced today are subject to change. 33,000 179,000 123,000 176,000#42Institutions Developing the future workforce#4366 Platforms enable others to solve problems and create value. 43#44Top learning challenges for institutions for Businesses attract, upskill, and reskill employees to remain competitive... for Campuses attract students and prepare them to enter the workforce... for Governments skill citizens for the jobs of tomorrow... … in a rapidly changing, hybrid world 44#45Recently introduced Career Academy for institutions to prepare learners for in-demand careers coursera/hawaiipacificuniversity/careeracademy/explorecareers coursera HAWAM PACIFIC V Browse by category: Arts and Humanities ✓ Browse Catalog Explore Careers What do you want to learn? Business V Google Develop job-ready skills Computer Science ✓ Hawaii Pacific University's Career Academy HPU Sharks, build real-world skills for jobs in digital marketing, IT, and more-anytime, anywhere My Courses Data Science V Q Informational Technology O Learn your own pace Learn cutting-edge skills from world-class industry leaders Professional Certificates offer flexible, online training designed to get you job-ready in 6-8 months. All for free. Health V salesforce IBM ∞ Meta intuit Get hands-on experience Math and Logic 9 Earn a certificate Amir S. 45#46CAREER ACADEMY CASE STUDY Preparing students for digital careers HAWAI'I PACIFIC UNIVERSITY Hawaii Pacific University is using Coursera's Career Academy to enable students to complement their degree programs with in-demand skills training and certificates that offer pathways to meaningful employment opportunities. "I can be assured that students are learning skills that lead to meaningful employment." Mark S. Rosenbaum, Ph.D. Dean, College of Business Hawaii Pacific University#47SkillSets develop specific skills for specific job roles 300+ SkillSets for in-demand roles SkillSets include target proficiency for each skill ● World-class content and Guided Projects deliver applied learning In-course assessments personalize learning and develop measurable skills ALL POWERED BY COURSERA SKILLS GRAPH Software Engineer Software engineers work with stakeholders to create computer systems and apps. The demand for software engineers is seemingly endless, and by learning the skills to be one, you are able to develop software projects in virtually every aspect of society, from governments and essential services to apps, tools, and video games. Becoming a software engineer involves learning extensive coding languages. This SkillSet was created by coursera Top recommendations for Seity Engineering How to start v MOTOTO 110101 2010 UCDAVIS 1100100101 Principles of Secure Coding University of California, Davis. COURSE G The Bits and Computer N Google COURSE Software Engineering Chapter 1 SkillSet Targets Security Engineering Congratulations, you passed! TO PASS 80% or higher 2. What will the following program print out: Computer Programming 1 2 3 Mobile Development Skill targets achieved! These skills contribute to the Data-Driven Marketing Professional SkillSec. See SkillSet progress x 15 *-*+5 print(x) Software Engineering Theoretical Computer Science 80% TO L SCORE +10 52 1. When Python is running in the interactive mode and displaying the chevron promopt (>>>). what question is Python asking you? Theoretical Computer Science My Score My Score My Score My Score My Score Keep learning +10 52 80% LATEST SUBMISSION GRADE ✔Correct 1/1 points ✓Correct 1/1 points -- | 51 Target 151 Target -- | 25 Target -- 101 Target -- | 151 Target 51 Target#48Academies: Help learners uplevel and learn advanced skills * DATA & ANALYTICS ACADEMY Enable everyone to be data-driven and Al-aware Academies Key metrics: skills developed, time to skill X TECH ACADEMY Drive your technology transformation POWERED BY COURSERA SKILLS GRAPH LEADERSHIP ACADEMY Empower your teams to lead without limits MARKETING ACADEMY Supercharge growth and customer acquisition ACADEMIES OFFER TURNKEY, JOB-BASED LEARNING FINANCE ACADEMY BETA Streamline company operations and sustain growth CAREER ACADEMY Attract frontline workers with career development 48#49Businesses Transforming talent#50BUSINESS CASE STUDY Upskilling a global company at scale Capgemini Capgemini has built Capgemini University through Coursera to leverage high-quality content and hands-on learning experiences to help employees continuously learn as they strive to be "leaders for leaders." As a result, Capgemini is able to respond to ever-changing market environments and continuously upskill and reskill employees. 66 Coursera has become a key partner of Capgemini University, helping us to engage and upskill over 200,000 employees around the world." Estelle Maione Head of Capgemini University 200,000 4,600 60,000 completed Guided Projects employees on Coursera new learners every month#51Campuses Teaching students job-relevant skills#52CAMPUS CASE STUDY Online learning for a state system OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION Improving our future by degrees TATE REGENTS АНОМА VITA ABUNDANTIOR "WOHYINO FOR 1941 * HIGHER EDUCATION Oklahoma State Regents launched the first U.S. statewide Coursera for Campus program to help students, faculty, and staff prepare for the digital economy. This is a collaboration between 15 leading higher education institutions, including over half of all public universities and colleges in the state. Enhancing academic program innovation Offering flexible, blended learning options to students and faculty Setting students up for success and completion of their degree programs 52#53Governments Reskilling citizens for employment H#54GOVERNMENT CASE STUDY Helping underserved Americans prosper MILKEN CENTER for ADVANCING the AMERICAN DREAM TIL MCAAD partnered with Coursera to launch The American Dream Academy to help underserved communities enter high-growth digital jobs, while removing barriers to earning a college degree. The tuition-free, 6-month program provides industry-recognized credentials and degree pathways, wrap-around support services, and job opportunities. "Our mission with this partnership is to give underemployed young Americans the opportunity to learn skills that will qualify them for higher-level employment." Dr. Kerry Healey President Milken Center for Advancing the American Dream (MCAAD) 200,000 12+ unemployed Americans college credits 250+ employers#55ACT NOW EDUCATION 100+ nonprofit and community partners GGL 9 Geek Girls LatAm THE COUNTY OF SANTA Growing Social Impact programs CLARA K INTERNATIONAL SOURESCUEra data as of March 31, 2022 COMMITTEE ... m MINDS MATTER REFORM goodwill UNHCR The UN Refugee Agency HIAS HH HP prison entrepreneurship program Upwardly Global HIRE HEROES USA project access USO 55#56AC EDU Growing Social Impact programs 135,000 learners Source: Coursera data as of March 31, 2022 UNHCR The UN Refugee Agency 700,000 enrollments Upwardly Global USO ΤΑ 56#57AC EDU Source: ( Growing Social Impact programs Added 25+ new partners in the last year GENESYS WORKS. REBOOT DREAMERS UNHCR The UN Refugee Agency IN TECH VIT VETSINTECH YES YOUTH EDUCATION AND SPORTS INC. Upwardly Global USO ΤΑ 57#58Offering free access to all Ukrainian higher education institutions 19/21 140+ institutions HALLION V альний ЗАЦІЙНИЙ MCMXXXIII HIBEPCHTE Source: Coursera data, May 2022 Since launch on March 28, 2022 10,000+ learners Ú NATIONAL UNIVERSITY OF LIFE AND ENVIRONMENTAL SCIENCES OF UKRAINE AV Sumy State University 9 HOAITEXHI on bo w Kly HIHN 25,000+ enrollments 1885 1X OUTY O IA National Technical University "Kharkov Polytechnic Institute" 18 600 3HY Dow 100,000+ learning hours M NATIONAL UNIVERSITY OF KYIV-MOHYLA ACADEMY HAR YRIBE ChKHALI IMEHI TAPACA ATN ET SERIES TERVERKA NURE Kharkiv National University of Radio Electronics V. N. KARAZIN KHARKIV NATIONAL UNIVERSITY 58#59"Talent is equally distributed, but opportunity is not." We're making this less true every day coursera#6001 02 03 The future of learning and work Our global learning ecosystem Financial results and growth levers coursera 60#6110⁰ o<i Our results continue to reflect a differentiated business model 3-sided platform provides diversification and exposure to multiple levers of growth by serving learners throughout their studies and careers We leverage our scale and strategic assets across our segments to compete differently Our unique vantage point encompasses the needs of learners, employers, and educators to navigate the trends shaping higher education 61#62& Segment CONSUMER ENTERPRISE DEGREES TOTAL Strong growth across our 3 segments How we generate revenue Learners can watch video lectures for free and can pay to earn course certificates upon completion. Individuals pay for single courses or subscriptions for multi-course offerings. Institutions can access our catalog of learning products (excluding Degrees) and pay for annual seat license subscriptions. Universities partner with us to develop and deliver online degrees programs and pay Coursera a percentage fee based on student tuition. Revenue $68.1M +31% y/y $39.0M +59% y/y $13.3M +11% y/y $120.4M +36% y/y Q1 2022 Segment Margin 1 71% 29% content cost 72% 28% content cost 100% no content cost 1 Defined as segment revenue less content costs in our audited financial statements. There is no content cost attributable to the Degrees segment. Numbers are rounded for presentation purposes. 62#63Expanding global reach with scale advantages Coursera is increasingly becoming a global destination for learners seeking job-relevant skills to advance their careers Coursera data, as of March 31, 2022. 32M 40M 52M Total Registered Learners 82M //////////////// Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 102M New Registered Learners 100M 90M 80M 70M 60M 50M 40M 30M 20M 10M 63#64Expanding global reach with scale advantages Coursera is increasingly becoming a global destination for learners seeking job-relevant skills to advance their careers Coursera data, as of March 31, 2022. 32M 40M Pre-Pandemic Average +2M per quarter 52M Total Registered Learners 82M Last 6 Quarters Average +5M per quarter Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 102M New Registered Learners 100M 90M 80M 70M 60M 50M 40M 30M 20M 10M 64#65Multiple growth levers We believe the transformation of higher education is just getting started, with many opportunities to drive growth for Coursera in the years ahead Expanding Enterprise Expand Enterprise sales organization to win new logos and grow existing customer relationships Growing Consumer Continue to grow our learner base with freemium flywheel and improve data-driven targeting of paid content Launching Degrees Expand the number of online degrees and the number of students in Degree programs Localizing for Learners Improve go-to-market effectiveness with configurable localization, especially in emerging markets 65#66Q&A