LAUREATE EDUCATION Business Summary

Laureate Education, Inc. (LAUR) operates a tuition-based business model, generating the vast majority of its revenue through student enrollment fees and educational services across its network of private universities. Following a multi-year strategic transformation to divest non-core international assets, the company’s operations are now concentrated into two primary reporting segments: Mexico and Peru. These segments serve approximately 494,000 students through prominent institutions such as Universidad del Valle de México (UVM) and Universidad Peruana de Ciencias Aplicadas (UPC), focusing on career-oriented disciplines including medicine, health sciences, and engineering. In the competitive landscape, Laureate faces direct rivalry from Adtalem Global Education, Afya Limited, and Strategic Education, Inc. Within this group, Laureate maintains a dominant position as a leading pure-play provider of private higher education in Latin America, leveraging localized brand equity and scale to drive high margins and consistent enrollment growth. The company was founded in 1998 by Douglas L. Becker, who served as CEO until 2017 and was instrumental in its initial global expansion. The current leadership team is headed by President and CEO Eilif Serck-Hanssen, a former executive at PepsiCo and US Airways with an MBA from Chicago Booth, who has led the firm's recent strategic pivot. He is supported by CFO Rick Buskirk, an internal veteran with a dual MBA from Columbia and London Business School, and COO Marcelo Cardoso, who previously held senior leadership roles at Dell EMC. Digital and security strategy is overseen by CIO and CISO Martin N. Fienkeng. Laureate is backed by significant institutional investors including Fmr LLC (Fidelity), BlackRock, and The Vanguard Group, with a Board of Directors chaired by Andrew B. Cohen, Chief Investment Officer of Cohen Private Ventures.