The note repurchase transactions were entered into in connection with Chegg's previously announced securities repurchase program and are expected to close on December 3, 2024, subject to the satisfaction of customary closing conditions. Following the closing, approximately $127.9 million aggregate principal amount of the Notes will remain outstanding and approximately $207.5 million will remain available under Chegg's securities repurchase program. This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About Chegg Chegg provides individualized learning support to students as they pursue their educational journeys.