Slide 1: Investor Presentation
Investor Presentation September 2026 DATA & ANALYTICS 1
Slide 2: Forward-Looking Statements / Regulation G
Forward-Looking Statements / Regulation G This presentation contains certain statements made today which will be forward-looking. These forward-looking statements, by their nature, are subject to various risks and uncertainties, and actual results may differ materially from those currently anticipa
Slide 3: Scholastic At A Glance
Scholastic At A Glance Global publisher and distributor of bestselling children’s books and a trusted provider of children's media and education materials, supporting the literacy, learning and growth of all children 100+ year legacy and highly trusted brand, built upon differentiated and relevant
Slide 4: Scholastic inspires and empowers all children to become life-long readers and learners
Scholastic inspires and empowers all children to become life-long readers and learners, unlocking an imaginative curiosity about themselves and the world. DATA & ANALYTICS 44
Slide 5: Long-Term Macro Trends Supporting Scholastic's Growth
Long-Term Macro Trends Supporting Scholastic's Growth Enduring importance of children’s books, print and reading, reflecting families’ 1 continued involvement in their children’s education and development New emerging funding sources to support children’s reading achievement across 2 schools and com
Slide 6: Scholastic Operating Segments
Scholastic Operating Segments Children’s Book Group (CBG) School Reading Events: direct distribution of children’s books through Book Fairs and Book Clubs Children’s Book International Group Trade Publishing: publishing of children’s books sold $277M across retail and School Reading Events channels
Slide 7: Children's Book Group: School Reading Events
FY26 Revenue* Children’s Book Group: School Reading Events $633M Differentiated, event-based fundraising models – raising approximately $250 million in FY26 through its school-based book fairs and clubs – bringing highly curated books directly into the majority of U.S. K–12 schools, while driving
Slide 8: Children's Book Group: Trade Publishing
FY26 Revenue* Children’s Book Group: Trade Publishing $331M Leading children’s publisher with global scale, supported by a trusted brand and distribution across retail and proprietary school channels Deep author relationships and proven ability to create enduring global franchises, including bes
Slide 9: Entertainment
FY26 Revenue** Entertainment $66M Producer and distributor of award-winning children's film, television and digital content across platforms, developing both Scholastic and licensed IP Extending trusted Scholastic IP beyond the page to the screen, leveraging beloved stories and characters to dri
Slide 10: Education
FY26 Revenue* Education $268M Leading provider of evidence-based solutions to raise students’ literacy serving three core customer segments – schools & districts, teachers, and families & communities – backed by the education brand most trusted by parents and educators Solutions strongly align w
Slide 11: International
FY26 Revenue* International $277M Global operations delivering children’s books and educational materials through publishing and distribution businesses Established presence in major English-speaking markets – including the UK, Canada, Australia, New Zealand & India – with operations across othe
Slide 12: Scholastic's Integrated Content & Distribution Strategy
Scholastic’s Integrated Content & Distribution Strategy 1 – Develop, acquire and 2 - Provide children access publish children's content to quality books through and IP across books, Scholastic's differentiated media and licensing distribution channels Introducing More Children & Families to Scholast
Slide 13: Scholastic's Near-Term Focus Areas
Scholastic’s Near-Term Focus Areas Leveraging newly integrated Children’s Book Group to improve coordination, efficiency 1 and cross-channel demand across Trade and School Reading Events Driving Book Fairs growth through new fair formats, expanded school and non-school 2 events and increased fair co
Slide 14: Capital Deployment & Balance Sheet Actions
Capital Deployment & Balance Sheet Actions Unlocked over $400 million in net proceeds through significant sale-leaseback transactions of real estate assets in New York City and Jefferson City, MO (December 2025) Established long-term net leverage targets of 2.0 – 2.5x Adjusted EBITDA (March 2025
Slide 15: First Quarter 2027 Segment Highlights
First Quarter 2027 Segment Highlights Children’s Book Publishing & Distribution positioned for a strong back-to-school and fall selling season Strong Book Fairs early indicators, with bookings and fair count ahead of prior year Exciting Trade Publishing schedule, including Harry Potter® releas
Slide 16: Fiscal 2027 Outlook
Fiscal 2027 Outlook Affirming fiscal year 2027 guidance: Revenue growth of 2% to 4% Adjusted EBITDA of $135 million to $145 million, representing year-over-year growth on a comparable basis (1) Free cash flow of $35 million to $40 million, representing modest growth on normalized basis (2)
Slide 17: Scholastic's Key Drivers of Long-Term Value Creation
Scholastic’s Key Drivers of Long-Term Value Creation Strong fundamental macro trends support consistent, diversified long-term growth Demand in children’s books, education and entertainment markets Differentiated, integrated strategy and competitive advantages (trusted brand, Revenue owned and/or co
Slide 18: Historical Financials
Historical Financials Revenue ($M) Adjusted EBITDA ($M) $1,643 $1,704 +2% to +4% $1,590 $1,626 $1,582 $196 $189 $145 $152 $135 to $145 $137 $132 $115 FY22 FY23 FY24 FY25 FY26 FY27 FY22 FY23 FY24 FY25 FY26 FY27 Guidance Guidance** Adjusted EBITDA Pro Forma Adjusted EBITDA* *Pro forma Adjusted EBITDA
Slide 19: Appendix
Appendix DATA & ANALYTICS 19
Slide 20: Senior Leadership Team
Senior Leadership Team Iole Lucchese Peter Warwick Haji Glover Chris Lick Chair of the Board and EVP, Chief President & Chief EVP & Chief EVP, General Counsel and Strategy Officer and President Executive Officer Financial Officer Corporate Secretary Scholastic Entertainment Sasha Quinton Jeffrey Mat
Slide 21: Refreshed, Highly Qualified Board of Directors
Refreshed, Highly Qualified Board of Directors Iole Lucchese Peter Warwick Chair of the Board and EVP, Chief President & Chief Executive Officer Strategy Officer and President Scholastic Entertainment Milena Alberti Dr. Andres Alonso James W. Barge* Robert L. Dumont Alix Guerrier Appointed 2025 Appo
Slide 22: Fiscal 2027 First Quarter Results
Fiscal 2027 First Quarter Results In $ millions (except per share data) First Quarter Change Fiscal 2027 Fiscal 2026 $ % Revenues $ 216.8 $ 225.6 $ (8.8) (4)% Operating income (loss) $ (92.2) $ (92.2) $ — —% Earnings (loss) before income taxes $ (93.7) $ (97.0) $ 3.3 3% Diluted earnings (loss) per s
Slide 23: Fiscal 2027 First Quarter Segment Results
Fiscal 2027 First Quarter Segment Results Three months ended Change 08/31/26 08/31/25 $ % Children’s Book Publishing and Distribution Revenues Book Clubs $ 2.1 $ 1.8 $ 0.3 17% Book Fairs 33.2 34.1 (0.9) (3 % School Reading Events 35.3 35.9 (0.6) (2 % Consolidated Trade 70.5 73.5 (3.0) (4) % Total Re
Slide 24: Selected Balance Sheet & Cash Flow Items
Selected Balance Sheet & Cash Flow Items Selected Balance Sheet Items 08/31/26 08/31/25 Cash and cash equivalents $ 106.8 $ 94.3 Accounts receivable, net 186.6 187.0 Inventories, net 315.3 322.2 Accounts payable 150.2 175.8 Deferred revenue 171.6 181.0 Accrued royalties 68.0 86.6 Film related obliga
Slide 25: Pro Forma Supplemental Information
Pro Forma Supplemental Information Twelve months ended Change 05/31/26 05/31/25 $ % Adjusted unallocated overhead $ (94.6) $ (98.1) $ 3.5 4% Incremental full-year impact of sale-leaseback transactions (11.8) (15.9) 4.1 Pro forma Adjusted unallocated overhead (1) $ (106.4) $ (114.0) $ 7.6 7% Adjusted