KinderCare IPO Presentation Deck

Leverage Target and Capital Allocation Priorities Beurce S-1, Company malaries Note: Illustrative PF Net Leverage(¹) -5.4x Current -3.6x Pro Forma Capital Allocation Priorities Many levers to deploy capital, we prioritize highest-return opportunities ✓Continue to invest in organic growth ✓ Pursue M&A strategy PF Net leverage calculated via 03 2021 PF adjustments per Captarization subsection of the 5-1 using Cash of $175. Ons molusive of $23.5m teld with the Parent Company per FN3 in subsection and Gross Debt of $1,405 3m. applied to 03 2021ELTM 5-1 Reported Ad EBITDA figure of-$227 ✓ Incoming stimulus drives rapid de-leveraging KinderCare Leaming Companies Not for reproduction or distribution without written consent from KinderCare 33

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