Udemy Investor Presentation Q4 2022

Why most learning models fail to deliver Modern learning needs Quality Publisher model challenges * Inflexible: One-size-fits-all teaching approach; limited use of ratings, reviews, and enrollments for quality signals and improvement UT 5 Freshness Relevance & breadth Slow: Lengthy production timeline; delayed response to trends Theoretical and limited: Academic approach to subject matter; narrow range of topics and teaching styles Access & reach * Not scalable: Challenging to localize content effectively and authentically for different markets Ûdemy

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