Stride to Appoint Steven Guttentag and Dylan Haggart to Board of Directors and Form Capital Allocation Committee

Steven B. Fink, Independent Chairman of Stride’s Board of Directors

“We are pleased to welcome Steven and Dylan to the Stride Board. Each brings complementary perspectives and experience that will strengthen the Board’s capabilities as we work to accelerate our strategic and operating progress under Bob Knowling’s leadership as Stride’s new CEO.”

Steven B. Fink, Independent Chairman of Stride’s Board of Directors

“Steven Guttentag is an accomplished executive who has spent more than 30 years designing and deploying technology-based solutions to improve K-12 education. Dylan brings an investor’s perspective, along with significant capital allocation and governance expertise as an experienced public company director, and he, the Board, and management are committed to working together to enhance shareholder value and maximize learning outcomes for the students we serve.”

Dylan Haggart, Founder, Managing Partner, and Chief Investment Officer of Fivespan Partners, LP

“We have great respect for Stride’s pioneering role in its market and the leadership it has exemplified over more than two decades. We believe in Stride’s significant long-term growth potential and unique ability to serve students and families whose needs or circumstances are not well-served by a traditional school setting.”

Dylan Haggart, Founder, Managing Partner, and Chief Investment Officer of Fivespan Partners, LP

“We appreciate the collaborative engagement we have had with the Board and management team. I look forward to working alongside my fellow directors and management to help the Company deliver value for students, families, educators, and shareholders.”