On March 25, 2021, Steven M. Taslitz informed the Board of Directors of Laureate Education, Inc. (that he will not stand for re-election to the Board at the Company's 2021 Annual Meeting of Stockholders to be held on May 26, 2021. Mr. Taslitz's decision not to stand for re-election is not due to any disagreement with the Company. Mr. Taslitz, a member of the Board since 2007 and a member of the Board's Committee on Education, will continue to serve as a director until the expiration of his current term at the 2021 Annual Meeting of Stockholders.