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51Talk Online Education Group Investor Presentation An NYSE American listed company (NYSEAMERICAN: COE) 51Talk Online Education Group ·Copyright 2026 ·All Rights Reserved.
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This presentation contains forward-looking statements, including statements about the Company’s business and financial outlook, strategy and market opportunity, and statements about the Company’s historical results that may suggest trends for its business. All statements, other than statements of historical facts, contained in this presentation, including statements regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management, are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are forward-looking statements within the meaning of the U.S. securities laws. These forward-looking statements are made only, and are based on estimates and information available to the Company, as of the date of this presentation, and are not guarantees of future performance. Disclaimer These forward-looking statements are based on a number of assumptions which are subject to known and unknown risks, uncertainties and other factors that are beyond the Company’s control, such as the political, social, legal and economic environment in which the Company will operate in the future. Accordingly, actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements and future results could materially differ from historical performance. The information presented or contained in these materials is as of the date hereof and is subject to change without notice and its accuracy, fairness or completeness is not guaranteed. The Company undertakes no obligation to update or revise these forward-looking statements for events or circumstances that occur subsequent to the date of this presentation. This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States (“GAAP”). Such non-GAAP financial measures have limitations as analytical tools. The presentation of such non- GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Please refer to the relevant disclosure in the Company’s statutory prospectus for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures. These non- GAAP measures may differ from the non-GAAP information used by other companies and therefore their comparability may be limited. By electing to view this presentation, you agree to all of the foregoing and that you will not print, copy, videotape, record, hyperlink or otherwise attempt to reproduce or re-transmit (in any form, including hard copy or electronic distribution format) the contents of this presentation.
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AI Driven Edtech Platform with Global Footprints Study companion for young learners around the world Localized Operation Integrated Learning AI Driven
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Proprietary Technology Platform $100 Million Cumulative R&D Investment 360-Degree Parent / Student Support Systematic Support Along Study Lifecycle Proprietary Curriculum 500+ hours Refined Curriculum Quality Teacher Recruitment & Development 10000+ Tutors Integrated Learning (1/3) An Integrated Learning Experience Based on Four Building Blocks
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Pre- and post-class study materials Live Lessons Interactive and engaging lessons Practice Tutorial Assessment 1. Holistic Curriculum AI enabled, fully animated and interactive curriculum following CEFR (The Common European Framework of Reference for Language) standards. 2. High-quality Tutors Systematic and stringent tutor recruitment process and rigorous training and development program. Our tutors are human, assisted by AI tutors. Integrated Learning (2/3) An Integrated Learning Experience Based on Four Building Blocks L0 L1 L2 L3 L4 L5 L6 L7 L8 L9 L10 L11
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3. Proprietary Technology Platform Proprietary video and audio technology: - Scalable video coding - Optimized network topology across countries (dedicated VPN lines) - Tested on large scale (> 200k classes per day) Fully animated curriculum - Gamified, interactive classroom experience - Prompt interactive features - In-class rewarding mechanisms - Virtual make-up for tutors - etc. 4.360-Degree Parent / Student Support Learning Partner Provides personalized ongoing student support services Recommends study plan based on the assessment report and students' learning objectives Tracks progress and promotes student satisfaction Course Consultant Provides post-trial lesson feedback on English proficiency Provides package / curriculum recommendation based on system- generated assessment report Free Trial-lesson Teachers Provide preview of learning experience and proficiency assessment Organize open courses for prospective students to demonstrate curriculum Integrated Learning (3/3) An Integrated Learning Experience Based on Four Building Blocks
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Curriculum Adapted for local school requirements and cultural preferences Guidance and Support Local teams provide educational guidance and support based on local syllabus Marketing Local marketing teams address local study needs and immerse in local study related social circles MENA East Asia New locations in preparation Localized Operation Global Educational Expertise Tailored for Local Students
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Global Communicator Our Next-generation Learning Product Global Standards, Ultimate Local Experience Glocal Curriculum for Future Global Citizens • Oxford University Press-endorsed Courseware • Locally Content and Experience Adapted • Culturally Respectful AI-Generated Scalable Learning Model • AI-powered Content Production Platform • AI-adaptive Personalization • Interactive & Gamified Engagement • Visible Learning Outcomes An AI-generated “glocal” curriculum that cultivates future global citizens, strengthens product differentiation, and supports scalable long-term global expansion
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1. Cost Savings in Tutor Recruitment & Management through Improved Efficiencies Including using AI to evaluate pronunciations to screen tutors for their accents. Screen Interview Recruit Train QA Retain AI-enabled Platform 2. Adaptive & Customized Learning Each student has their own model and personalized learning path and feedback - AI coach personalized review - AI lesson memo - AI four-session report - AI situational dialogue practice AI Driven AI Application Highlights 3. AI enabled sales - Increased conversion rate by applying AI tools along the entire sales cycle; - Reduce idle time along the sales cycle; Telemarketing Trial Class Course Consultant Student Support Referral/ Renew
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Gross Billings (USD million) Net Revenue (USD million) Active Students Cash and Cash Equivalents (USD million) 19.8 21.4 21.9 28.5 40.5 36.8 33.3 39.3 41.0–43.0 0 5 10 15 20 25 30 35 40 45 50 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Guidance 14.0 16.2 18.2 20.4 26.3 30.6 31.2 32.4 - 5 10 15 20 25 30 35 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 65,700 74,200 81,100 91,300 112,600 126,700 132,900 138,100 - 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 25.6 29.2 29.5 30.9 36.6 39.0 35.5 40.1 - 5 10 15 20 25 30 35 40 45 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Financials and Operating Highlights
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An NYSE American listed company (NYSE American: COE) 51Talk Online Education Group ·Copyright 2026 ·All Rights Reserved. Thank You