♥SCHOLASTIC Third Quarter 2026 Earnings Call Presentation Thursday, March 19, 2026 2 Peter Warwick President and Chief Executive Officer Capital Allocation Actions Completed sale-leaseback transactions, unlocking more than $400 million in net proceeds ● Repurchased more than 4.4 million shares for approximately $147 million in the open market since December ● Introduced long-term net leverage targets of 2.0 – 2.5x Adjusted EBITDA ● Announced planned $200 Modified Dutch Auction tender offer, part of a $300 m ...