Bright Horizons Family : Investor Presentation

Forward Looking Statements Disclaimer

This presentation includes "forward-looking statements" within the meaning of, and made pursuant to, the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and generally contain words such as "believes," "expects," "may," "will," "should," "seeks," "projects," "approximately," "intends," "plans," "estimates," "targets" or "anticipates" or similar expressions. These forward-looking statements include, without limitation, statements regarding future economic performance, guidance, operating targets, financial condition, prospects, growth, strategies, expectations and objectives of management, growth drivers, cross-selling opportunities, center expansion, interest rates, and our international opportunities.

Our forward-looking statements are subject to risks and uncertainties. Numerous factors, many of which are beyond Bright Horizons Family Solutions Inc.'s (the "Company") control, could cause actual results to differ materially from those projected or implied by the forward-looking statements. These risks and uncertainties include, without limitation, changes in the demand for child care and other dependent care services; our ability to hire and retain teachers; the possibility that acquisitions may disrupt our operations and expose us to additional risk; our ability to pass on our increased costs; changes in our relationships with employer sponsors; our substantial indebtedness and the terms of such indebtedness; our ability to withstand seasonal fluctuations; our ability to implement our growth strategies successfully; litigation risk; possible breaches in data security; and our ability to maintain our reputation and brand.

Additional information concerning these and other risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's Annual Report on Form 10-K for the year ended December 31, 2018 as filed on February 27, 2019, under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations."

Forward-looking statements are based on current expectations and assumptions and currently available data and are neither predictions nor guarantees of future events or performance. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. You should not place undue reliance on forward-looking statements, which speak only as of the date hereof. We do not undertake to update or revise any forward-looking statements after they are made, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Non-GAAP Measures

This presentation contains certain non-GAAP measures which are provided to assist in an understanding of the Bright Horizons Family Solutions Inc. business and its performance. These measures should always be considered in conjunction with the appropriate GAAP measure. Reconciliations of non-GAAP measures to the relevant GAAP measures are provided in our SEC filings.

A Family of Solutions at Work

ED ADVISORY

Advisory services for adult learners and prospective college students. Manage employer tuition assistance programs for cost efficiency and loan repayment programs.

• ■ $781MM of Tuition Managed for Ed Assist clients

• ■ 3 MM Employees covered by College Advising services

• ■ 4% of Revenue

Bright Horizons at a Glance

BY THE NUMBERS

CLIENTS SERVED GLOBALLY

SALESADJUSTED EBITDAADJUSTED EBITDA MARGINCENTERS GLOBALLY

HIGHLIGHTS

15+ years of sustained sales growth and margin expansion

Long-term contracts with blue chip customers that co-fund capital investment 95% employer-sponsored center client retention

New lines of business + international presence expand the growth opportunity Premier brand with focus on quality through all aspects of service experience

Notes: LTM as of 12/31/2018; see Summary of Adjustments for reconciliation of Adjusted EBITDA

We have been named

EMPLOYEES

A Great Place to Work around the Globe!

13x Recipient

11x Recipient

6x Recipient

Solving the Work/Life Challenge At All Life Stages

Expectant

Parent

Parent of Toddler/ Parent of Parent of

Caregiver

Parent

of Infant Preschooler School Ager Teenager for a Senior

Early Career Mid-Career Late Career

Child Care CentersBack-up Child &

Elder Care College Advising Special Needs Resources

Tuition AssistanceStudent Loan

Assistance Return to Work

CAREER STAGESLIFE STAGES