STRATEGIC EDUCATION, INC. (a Maryland corporation) 1,900,000 Shares of Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • August 10th, 2020 • Strategic Education, Inc. • Services-educational services • New York
Strategic Education, Inc., a Maryland corporation (the “Company”), confirms its agreement with BofA Securities, Inc. (“BofA”) and each of the other Underwriters named in Schedule A hereto (collectively, the “Underwriters,” which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom BofA is acting as Representative (in such capacity, the “Representative”), with respect to (i) the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of the respective numbers of shares of Common Stock, par value $0.01 per share, of the Company (“Common Stock”) set forth in Schedules A and B hereto and (ii) the grant by the Company to the Underwriters, acting severally and not jointly, of the option described in Section 2(b) hereof to purchase all or any part of 285,000 additional shares of Common Stock. The aforesaid 1,900,000 shares of Common Stock (the “Initial Securities”) to be purchased by the Underwriters an
SUPPLEMENT AGREEMENTSupplement Agreement • August 10th, 2020 • Strategic Education, Inc. • Services-educational services • Virginia
THIS SUPPLEMENT AGREEMENT (this “Agreement”) is made this 10th day of August, 2020, by and among STRATEGIC EDUCATION, INC., a Maryland corporation, formerly known as Strayer Education, Inc., a Maryland corporation (the “Borrower”), STRAYER UNIVERSITY, LLC, a Maryland limited liability company, formerly known as The Strayer University Corporation, a Maryland corporation, formerly known as Strayer University, Inc., a Maryland corporation (and successor by merger to New York Code and Design Academy, Inc., a Delaware corporation, The New York Code and Design Academy Pennsylvania, Inc., a Delaware corporation, NYCDA Realty, LLC, a New York limited liability company, and DevMountain, LLC, a Utah limited liability company) (“SU”), Capella Education Company, a Minnesota corporation (“Capella”), CAPELLA UNIVERSITY, LLC, a Minnesota limited liability company, formerly known as Capella University, Inc., a Minnesota corporation (“CU”), CAPELLA LEARNING SOLUTIONS, LLC, a Delaware limited liability
