On May 26, 2021, Marcelo B. Cardoso was appointed as Laureate Education, Inc.'s Chief Operating Officer, effective on the closing date of the sale of Laureate Brazil, which occurred on May 28, 2021. Mr. Cardoso, 49, has been with the Company since 2011, most recently serving as the Chief Executive Officer of Laureate Brazil since 2019. Prior to then, he served as the Company's Chief Transformation Officer and held several leadership positions across Laureate Brazil, including Chief Operating Officer, Brazil and Vice President, Business Development and M&A. Before joining the Company, Mr. Cardoso served as Latin America Vice President, Business Ops & CFO for Dell EMC Computer Systems and held senior leadership positions at Johnson Controls.