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owns 68 (included in the 649 centers) Montessori schools which cater to K-12 students. LPA's residen
document IMAGES-008-HOUSE_OVERSIGHT_024500.txt Feb 28, 2006 House Oversight Committee — Epstein Estate Records (Nov 2025)

…quality has overtaken demographics as a key growth driver. Companies providing supplemental educational services (e.g., KLC) and several school alternatives, such as charter and contract schools (e.g., k12), are expected to be instrumental in improving K-12 student performance....

Images 007 House Oversight 024435
document IMAGES-007-HOUSE_OVERSIGHT_024435.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…EGISTRATION STATEMENT FILED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION. THIS MEMORANDUM CONTAINS PROJECTIONS FOR KLC AND A?2 INC. THAT ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES THAT, WHILE PRESENTED WITH NUMERICAL SPECIFICITY AND CONSIDERED REASONABLE BY MANAGEM...

Organizational Structure — Pro Forma for Funding of $7 Billion. All figures are rounded
document IMAGES-007-HOUSE_OVERSIGHT_024474.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…Common LP Units 17.9% to 40.0%" KU Education Inc “KUE Inc.” Knowledge Schools, Inc. Knowledge Learning Corporation “KLC” " KUE owns preferred stock that is convertible into 17.9% of k12's Common Stock. KUE’s ownership varies depending on the liquidation value or sale value o...

EBITDA, Adjusted EBITDA and Adjusted EBITDAR (including pro forma presentations thereof) and the
document IMAGES-007-HOUSE_OVERSIGHT_024448.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…EBITDA have also added back KinderCare Learning Centers, Inc.'s (“KinderCare”) discontinued operations, consistent with KLC’s treatment of center closures and sales and KinderCare’s historical presentation of EBITDA. Adjusted EBITDA represents EBITDA plus (i) expenses (minus gain...