Coursera Investor Day Presentation Deck

Demonstrated leverage while investing in our long-term strategy Adjusted EBITDA Margin Percentage of annual revenue Source: Coursera data as of March 9, 2023. 2019 (14.5)% +40 bps 2020 (13.6)% +110 bps 2021 (8.5)% +510 bps 2022 (7.1)% +140 bps Expected to deliver ↑ 9.5 points of Adjusted EBITDA Margin improvement in 4 years 2023E (5.0)% +210 bps coursera 2023 INVESTOR DAY 119

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