CEO Eilif Serck-Hanssen amends retention agreement; new severance triggers extended through April 2025

LAUREATE EDUCATION, INC.

Removed 'change in duties' trigger from modified good reason; CEO gets 10-month resignation window starting April 7, 2024.
Enhanced severance (equity acceleration, severance benefits, pro-rata bonus) available through April 7, 2025.
No retention bonus earned under prior program per amendment.
Other terms substantially same as previously disclosed.

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