Coursera Investor Day Presentation Deck

Clear path to positive Adjusted EBITDA Margin in 2024 2023 Outlook (5)% 400-420 bps Industry partner contract change¹ 25-50 bps Mix shift 50-100 bps G&A efficiency 75-125 bps R&D efficiency EBITDA Positive 2024 Outlook 300-500 bps Mix shift 1. Expense of $25M in 2023 related to our industry partner contract change, which will be similar in nature to our historic program spend. Source: Coursera estimates as of March 9, 2023. 300-400 bps New products 150-250 bps S&M efficiency 250-350 bps R&D efficiency 150-200 bps G&A efficiency coursera 15-20% Long-term target 2023 INVESTOR DAY 123

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