PowerSchool Investor Presentation Deck

Clear Capital Allocation Priorities 1 Growth accretive opportunities In-year opportunities that expand platform and are accretive to margins and overall financial profile PowerSchool 2 Strategic M&A Focused on leading products that can scale and have connectivity into core products like SIS • Careful evaluation of buy, build or partner ● Long-term focus on building out personalized learning vision 3 Deleveraging • Reduced net debt by $810M in Q3 of 2021 ● Long-term net leverage target of 3x-4x 19

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