Pearson Results Presentation Deck

41 Reconciliation: statutory to adjusted earnings 2020 Other net gains and losses £m Operating profit Net finance costs Profit before tax Income tax Profit for the year Minority interest Earnings Statutory 411 (57) 354 (44) 310 310 Restructuring (178) (178) 3 (175) (175) Intangible charges 80 (80) (22) 58 58 Other net finance costs (4) (4) Tax amortisation benefit 24 24 24 41 Adjusted earnings 313 (61) 252 (35) 217 217

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