On September 15, 2021, the Board of Directors (the “Board”) of Chegg, Inc. (the “Company”), on the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), appointed Marcela Martin, effective immediately, to serve as a Class III director to hold office for a term expiring at the Company's 2022 annual meeting of stockholders, which is the next stockholder meeting at which Class III directors will be elected. The Board, upon the recommendation of the Nominating Committee, also appointed Ms. Martin to serve on the Audit Committee of the Board (the “Audit Committee”). In connection with Ms. Martin’s appointment, the Board approved an increase in the authorized number of members of the Board from nine to ten.
Chegg, Inc. provides products and services to learners with academic course materials, as well as career and personal skills development. The Company's service and product offerings fall into two categories: Subscription Services and Busuu. Subscription Services include Chegg Study Pack, Chegg Study, Chegg Writing and Chegg Math. Chegg Study Pack is a premium subscription bundle. Chegg Writing subscription service consists of a premium paid subscription service providing students with a suite of tools, including plagiarism detection scans, grammar and writing fluency checking, personalized writing feedback, and citation generation. Busuu offerings that can be accessed internationally through its websites and on mobile devices, and skills and other, which encompasses its skills, advertising services, print textbooks and e-textbooks offerings. Its Busuu language learning platform offers a comprehensive solution through a combination of self-paced lessons, live classes with tutors.