Pearson Results Presentation Deck

Virtual Learning - Overview We are a leading provider of virtual and blended learning services in K-12 and Higher Education, in the US and globally Virtual Schools (US, Global) ● ● ● c.50 virtual schools in the US and the UK Revenue driven largely by enrolments: c.110k students at $5k p/a Active in 30 US states 163 district partners OPM (US, Global) ● ● OPM ● Virtual Schools 2021 sub-divisional revenue 477 programs managed with 31 partners Revenue driven largely by enrolments: c.90k students at $4k p/a 50%+ of revenue = students starting in prior academic years Transformation underway to drive profitable growth 23

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