WILEY First Quarter Fiscal 2024 Earnings Review September 7, 2023 SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statements. Any such forward- looking statements are based upon many assumptions and estimates that are inherently subject to uncertainties and continge ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: April 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-11507 JOHN WILEY & SONS, INC. (Exact name of Registrant as specified in its charter) Indicate by check mark if the re ...

WILEY Fourth Quarter and Fiscal 2023 Earnings Review June 15, 2023 SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statements. Any such forward- looking statements are based upon many assumptions and estimates that are inherently subject to uncertainties and conting ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File No. 001-11507 JOHN WILEY & SONS, INC. (Exact name of Registrant as specified in its charter) | New York | 13-5593032 | | --- | --- | | (S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Not Applicable Former name, former address and former fiscal year, if changed since last report Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol | N ...

John Wiley & Sons, Inc. (NYSE:WLY) Q2 2023 Earnings Conference Call December 7, 2022 10:00 AM ET Company Participants Brian Campbell – VP, IR Brian Napack – President and CEO Christina Van Tassell – EVP and CFO Conference Call Participants Peter Lukas – CJS Securities Operator Good morning and welcome to Wiley’s Q2 Fiscal 2023 Earnings Call. As a reminder this conference is being recorded. At this time, I would like to introduce Wiley’s Vice President of Investor Relations, Brian Campbell. Please go ahead. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____ to _____ Commission File No. 001-11507 JOHN WILEY & SONS, INC. (Exact name of Registrant as specified in its charter) New York 13-5593032 (State or other jurisdictio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Title of each class | Trading Symbol | Name of each exchange on which registered | | --- | --- | --- | | Class A Common Stock, par value $1.00 per share | WLY | New York Stock Exchange | | Class B Common Stock, par value $1.00 per share | WLYB | New York Stock Exchange | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...

Financial Data and Key Metrics Changes - In fiscal year '22, the company achieved over $2 billion in annual revenue for the first time, marking a significant milestone in its 215-year history [5][6] - Adjusted EBITDA rose by 3% and adjusted EPS increased by 4%, despite challenges in certain segments [13] - Free cash flow for the year was $223 million, down $34 million from the previous year, primarily due to one-time items [44][45] Business Line Data and Key Metrics Changes - Research segment revenue increased by 9% or 5% organic, with adjusted EBITDA up 10% [34] - Academic & Professional Learning (APL) revenue was up 1% for the year, with professional learning growth offsetting declines in Education Publishing [38] - Corporate talent development saw a remarkable 70% revenue growth, driven by new client signings and upskilling programs [25][40] Market Data and Key Metrics Changes - University enrollment was down over 4% in spring, impacting demand for Education programs [20] - The company noted a challenging enrollment cycle across higher education, with a decline in university services revenue [20][43] - Despite these challenges, the long-term outlook for online higher education remains positive, with expected growth in corporate talent development [21] Company Strategy and Development Direction - The company aims to lead in two key trends: the growth of open scientific research and the drive for career-connected education [8][9] - Strategic focus areas include expanding Research Solutions and enhancing corporate talent development capabilities [60][61] - The company plans to simplify operations and improve efficiency to enhance profitability and margin expansion [60][62] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of geopolitical issues and inflation on the business but expressed confidence in the company's resilience [11][31] - The company expects solid revenue growth to continue in FY '23, driven by strong market fundamentals [59][64] - Management is committed to maintaining a disciplined approach to capital allocation while focusing on growth opportunities [79] Other Important Information - The company has been recognized as the most trusted company in media according to a Newsweek survey [7] - The company is committed to achieving carbon-neutral certification and has made significant progress in its ESG efforts [28] Q&A Session Summary Question: What are the implied EBITDA margins for fiscal '23 across segments? - Management refrained from providing specific segment information due to significant currency impacts but acknowledged the challenges [69] Question: What specific investments are being made in Research and talent development? - The company is focusing investments on areas with clear growth and profit opportunities, particularly in Research Publishing and corporate talent development [70][71] Question: Is there an upfront spend associated with new partnerships in talent development? - New client additions do not typically require significant upfront investment, as the business is cash-generative [74][75] Question: Are mid-teens margins still achievable in the Ed Services segment? - The company confirmed that mid-teens margins are currently being achieved in the services part of the business, despite recent cyclical challenges [76] Question: What is the focus on capital allocation and leverage? - The company is comfortable with its current leverage and is committed to balancing internal investments with returning capital to shareholders [77][78]

WILEY ENABLING DISCOVERY | POWERING EDUCATION | SHAPING WORKFORCES Fourth Quarter and Fiscal 2022 Earnings Review Brian Napack, President and CEO Christina Van Tassell, EVP and CFO June 15, 2022 SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statements. Any such fo ...