CHEGG, INC — fact timeline

CHEGG, INC shareholders approved To approve an amendment to our Restated Certificate of Incorporation to effect a reverse stock split of our outstanding common stock at a ratio ranging from between 1-for-4 and 1-for-15 (the "Reverse Stock Split"), with the determination of whether to effect the Reverse Stock Split and the ratio to at the 2026-06-12 meeting.

“4. To approve an amendment to our Restated Certificate of Incorporation to effect a reverse stock split of our outstanding common stock at a ratio ranging from between 1-for-4 and 1-for-15 (the "Reverse Stock Split"), with the determination of whether to effect the Reverse Stock Split and the ratio to be used for any Reverse Stock Split to be approved by the Board in its sole discretion: For Against Abstain Broker Non-Votes 77,625,747 7,324,294 229,544 —”

CHEGG, INC shareholders approved To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-12 meeting.

“3. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026: For Against Abstain Broker Non-Votes 80,912,997 4,153,126 113,463 —”

CHEGG, INC shareholders approved To approve, on a non-binding advisory basis, the compensation of our named executive officers for the year ended December 31, 2025 at the 2026-06-12 meeting.

“2. To approve, on a non-binding advisory basis, the compensation of our named executive officers for the year ended December 31, 2025: For Against Abstain Broker Non-Votes 34,129,514 11,226,027 243,803 39,580,243”

CHEGG, INC shareholders approved To elect two Class I directors to serve until the third annual meeting of stockholders following this Meeting, and one Class III director to serve until the second annual meeting of stockholders following this Meeting, each to hold office until their successor is duly elected and qualified or until at the 2026-06-12 meeting.

“1. To elect two Class I directors to serve until the third annual meeting of stockholders following this Meeting, and one Class III director to serve until the second annual meeting of stockholders following this Meeting, each to hold office until their successor is duly elected and qualified or until their resignation or removal: Nominee For Against Abstain Broker Non-Votes Dan Rosensweig (Class I) 34,892,584 10,617,103 89,657 39,580,243 Ted Schlein (Class I) 34,137,193 11,364,248 97,902 39,580,244 Renee Budig (Class III) 35,433,388 10,076,087 89,870 39,580,242”

CHEGG, INC reported quarter ended March 31, 2026 results: revenue $63.3 million, net income $0.2 million.

“Total Net Revenues of $63.3 million, a decrease of 48% year-over-year”

CHEGG, INC engaged Grant Thornton LLP as its auditor.

“(b) Engagement of New Independent Registered Public Accounting Firm On April 13, 2026 , the Audit Committee approved the appointment of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, effective immediately.”

CHEGG, INC dismissed Deloitte & Touche LLP as its auditor.

“on April 13, 2026 , the Audit Committee dismissed Deloitte as the Company's independent registered public accounting firm, effective immediately”

CHEGG, INC received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“December 12, 2025, Chegg, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing share price of the Company’s common stock as of December 11, 2025 was less than $1.00 over a consecutive 30 trading-day period. As required by the NYSE, the Company intends to notify the NYSE timely of its intent to regain compliance with the NYSE minimum share price requirement, which may include, if necessary, effecting a reverse stock split, subject to approval by the board of d”

CHEGG, INC announced a restructuring with charges of approximately $15 million to $19 million (approximately 388 employees, or about 45% of our current workforce).

“align our cost structure with our newly announced strategic focus relating to our operations on a stand-alone basis. We estimate that we will incur charges of approximately $15 million to $19 million in connection with these actions, primarily consisting of expenditures for employee transition and severance payments, employee benefits and other related costs.”

CHEGG, INC announced a restructuring with charges of approximately $34 million to $38 million (248 employees, or approximately 22% of our current workforce).

“with ongoing industry challenges that are negatively impacting our business, including a decline in our traffic. We estimate that we will incur charges of approximately $34 million to $38 million in connection with these actions, of which $31 million to $35 million is expected to result in future cash expenditures, primarily consisting of expenditures for”

CHEGG, INC received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“April 1, 2025, Chegg, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing share price of the Company’s common stock as of March 31, 2025 was less than $1.00 over a consecutive 30 trading-day period. As required by the NYSE, the Company intends to notify the NYSE timely of its intent to regain compliance with the NYSE minimum share price requirement, which may include, if necessary, effecting a reverse stock split, subject to approval by the board of director”

CHEGG, INC announced a restructuring with charges of approximately $22 million to $26 million (319 employees, or approximately 21% of our current workforce).

“are negatively impacting our business, including increased competition and student adoption of generative AI products. We estimate that we will incur charges of approximately $22 million to $26 million in connection with these actions, of which $18 million to $22 million is expected to result in future cash expenditures, primarily consisting of expenditures for”

Dr. Paul LeBlanc resigned as Director at CHEGG, INC.

“On September 17, 2024, Sarah Bond and Dr. Paul LeBlanc, each members of the Board of Directors (the “Board”) of Chegg, Inc. (the “Company”), notified the Company of their respective decisions to resign from the Board, effective September 18, 2024.”

Sarah Bond resigned as Director at CHEGG, INC.

“On September 17, 2024, Sarah Bond and Dr. Paul LeBlanc, each members of the Board of Directors (the “Board”) of Chegg, Inc. (the “Company”), notified the Company of their respective decisions to resign from the Board, effective September 18, 2024.”

CHEGG, INC reported the three months ended March 31, 2024 results: revenue $174.4 million, net income Net Loss was $1.4 million.

“our expense base relative to current revenue trends, with the goal of 30% or greater Adjusted EBITDA margin for 2025.” First Quarter 2024 Highlights • Total Net Revenues of $174.4 million, a decrease of 7% year-over-year • Subscription Services Revenues of $154.1 million, a decrease of 9% year-over-year • Gross Margin of 73% • Non-GAAP Gross Margin of 75% • Net”

Dan Rosensweig was appointed as Executive Chair at CHEGG, INC.

“Dan Rosensweig, the Company's President, CEO and Co-Chairperson of the Board, will resign from his positions as President and CEO and be appointed as the Company's Executive Chair.”

Nathan Schultz was appointed as President and Chief Executive Officer at CHEGG, INC.

“appointed Nathan Schultz as the President and Chief Executive Officer ("CEO") of the Company, effective as of June 1, 2024”

Esther Lem departed as Chief Marketing Officer at CHEGG, INC.

“On March 5, 2024, Esther Lem notified Chegg, Inc. (the “Company”) that she is retiring from her position as Chief Marketing Officer, effective April 5, 2024, where she spent 13 years.”

CHEGG, INC reported the twelve months ended December 31, 2023 results: revenue $716.3 million, net income $18.2 million.

“Full Year 2023 Highlights: • Total Net Revenues of $716.3 million, a decrease of 7% year-over-year • Subscription Services Revenues of $640.5 million, or 89% of total net revenues, a decrease of 5% year-over-year • Gross Margin of 68% driven lower by a one-time content and related assets charge of $38.2 million • Non-GAAP Gross Margin of 76% • Net Income was $18.2 million • Non-GAAP Net Income was $141.8 million • Adjusted EBITDA was $222.4 million • 7.7 million Subscription Services subscribers, a decrease of 6% year-over-year”

CHEGG, INC reported the three months ended December 31, 2023 results: revenue $188.0 million, net income $9.7 million.

“Q4 2023 Highlights: • Total Net Revenues of $188.0 million, a decrease of 8% year-over-year • Subscription Services Revenues of $166.3 million, or 88% of total net revenues, a decrease of 6% year-over-year • Gross Margin of 76% • Non-GAAP Gross Margin of 78% • Net Income was $9.7 million • Non-GAAP Net Income was $42.7 million • Adjusted EBITDA was $66.2 million • 4.6 million Subscription Services subscribers, a decrease of 9% year-over-year”

David Longo was appointed as Chief Financial Officer at CHEGG, INC.

“On February 2, 2024, the Board of Directors of Chegg, Inc. (the “Company”) appointed David Longo, 56, as the Company’s Chief Financial Officer, Principal Financial Officer, and Treasurer, effective February 21, 2024, to serve until his successor is duly elected and qualified or until the earlier of his death, resignation or removal.”

Andrew Brown retired as Chief Financial Officer at CHEGG, INC.

“Mr. Longo is replacing Andrew Brown, who notified the Company of his retirement in October 2023, as previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 30, 2023.”

CHEGG, INC reported three months ended September 30, 2023 results: revenue $157.9 million, net income $(18.3 million).

“to roll out our new simple user interface and unified asking experience, delivering faster and more relevant solutions.” Third Quarter 2023 Highlights • Total Net Revenues of $157.9 million, a decrease of 4% year-over-year • Subscription Services Revenues of $139.9 million, or 89% of total net revenues, a decrease of 4% year-over-year • Gross Margin of 47% driven”

Andrew Brown departed as Chief Financial Officer at CHEGG, INC.

“On October 26, 2023, Andrew Brown notified Chegg, Inc. (the “Company”) that he plans to retire from his position as Chief Financial Officer and Principal Financial Officer once Chegg hires his replacement.”

CHEGG, INC reported preliminary financial results for second quarter ended June 30, 2023.

“Second Quarter 2023 Highlights • Total Net Revenues of $182.9 million, a decrease of 6% year-over-year • Subscription Services Revenues decreased 5% year-over-year to $165.9 million, or 91% of total net revenues, compared to 90% in Q2 2022 • Net Income was $24.6 million • Non-GAAP Net Income was $37.8 million • Adjusted EBITDA was $59.8 million • 4.8 million Subscription Services subscribers, a decrease of 9% year-over-year”

CHEGG, INC reported second quarter ended June 30, 2023 results: revenue Total Net Revenues of $182.9 million, net income Net Income was $24.6 million.

“learning experience for students because we have the assets, the vision, and the balance sheet that no one else has.” Second Quarter 2023 Highlights • Total Net Revenues of $182.9 million, a decrease of 6% year-over-year • Subscription Services Revenues decreased 5% year-over-year to $165.9 million, or 91% of total net revenues, compared to 90% in Q2 2022 • Net”

CHEGG, INC shareholders approved To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-12-31 meeting.

“To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023: For Against Abstain Broker Non-Votes 105,051,767 59,103 44,336 —”

CHEGG, INC shareholders approved To approve the A&R ESPP.

“To approve the A&R ESPP. For Against Abstain Broker Non-Votes 93,765,392 210,345 145,860 11,033,609”

CHEGG, INC shareholders approved To approve the 2023 EIP.

“To approve the 2023 EIP. For Against Abstain Broker Non-Votes 51,600,297 42,356,638 164,662 11,033,609”

CHEGG, INC shareholders approved To approve, on a non-binding advisory basis, the compensation paid by the Company to our named executive officers.

“To approve, on a non-binding advisory basis, the compensation paid by the Company to our named executive officers: For Against Abstain Broker Non-Votes 68,933,495 12,366,244 12,821,858 11,033,609”

CHEGG, INC shareholders approved Election of three Class I directors.

“To elect three Class I directors, to serve until the third annual meeting of stockholders following the Meeting and until their successors are elected and qualified or until their resignation or removal: Nominee For Against Broker Non-Votes Renee Budig 91,560,086 2,491,739 11,033,609 Dan Rosensweig 87,458,922 5,714,151 11,033,609 Ted Schlein 84,975,385 9,081,974 11,033,609”

CHEGG, INC reported three months ended March 31, 2023 results: revenue $187.6 million, net income $2.2 million.

“can leverage our proprietary data, our 150,000+ experts, and our decade-plus years of experience as we launch CheggMate.” First Quarter 2023 Highlights • Total Net Revenues of $187.6 million, a decrease of 7% year-over-year • Subscription Services Revenues declined 3% year-over-year to $168.4 million, or 90% of total net revenues, compared to 86% in Q1 2022 • Net”

John Fillmore departed as President, Chegg Skills at CHEGG, INC.

“On April 21, 2023, John Fillmore notified Chegg, Inc. (the “Company”) that he plans to resign from his position as President, Chegg Skills.”

CHEGG, INC: 批准并通过了修订和重述的公司细则，对其进行了多项修改 (effective 2023-03-15).

“On March 15, 2023, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law (the “DGCL”), and a periodic review of the current bylaws of Chegg, Inc. (the “Company”), the Company’s board of directors (the “Board”) approved and adopted the Company’s amended and restated bylaws (the “Amended and Restated Bylaws”), which became immediately effective.”

CHEGG, INC reported the twelve months ended December 31, 2022 results: revenue $766.9 million, net income $266.6 million.

“Full Year 2022 Highlights: • Total Net Revenues of $766.9 million, a decrease of 1% year-over-year • Subscription Services Revenues grew 9% year-over-year to $672.0 million, or 88% of total net revenues, compared to 79% in 2021. • Chegg Services Revenues was $733.9 million • Net Income was $266.6 million”

CHEGG, INC reported the three months ended December 31, 2022 results: revenue $205.2 million, net income $1.9 million.

“Q4 2022 Highlights: • Total Net Revenues of $205.2 million, a decrease of 1% year-over-year • Subscription Services Revenues grew 4% year-over-year to $177.5 million, or 87% of total net revenues, compared to 82% in Q4 2021 • Chegg Services Revenues was $200.7 million • Net Income was $1.9 million”

CHEGG, INC reported the three months ended September 30, 2022 results: revenue $164.7 million, net income $251.6 million.

“Total Net Revenues of $164.7 million, a decrease of 4% year-over-year • Chegg Services Revenues grew 8% year-over-year to $159.3 million, or 97% of total net revenues, compared to 85% in Q3 2021 • Net Income was $251.6 million primarily driven by the one time tax benefit related to release of valuation allowance of $174.6 million and gain on early extinguishment of debt of $93.5 million”

Nathan Schultz was appointed as Chief Operating Officer at CHEGG, INC.

“On October 19, 2022 , the Board of Directors of Chegg, Inc. (the “Company”) appointed Nathan Schultz, 44, as the Company’s Chief Operating Officer, effective October 19, 2022”

Andrew Brown resigned as Corporate Controller and Principal Accounting Officer at CHEGG, INC.

“Andrew Brown, the Company's Chief Financial Officer and Principal Financial Officer, was serving as the Company's Corporate Controller and Principal Accounting Officer on an interim basis, as previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 15, 2021, and has since resigned from his interim role.”

David Longo was appointed as Vice President, Chief Accounting Officer, Corporate Controller, Assistant Treasurer, and Principal Accounting Officer at CHEGG, INC.

“the Board of Directors of Chegg, Inc. (the “Company”) appointed David Longo, 54, as the Company’s Vice President, Chief Accounting Officer, Corporate Controller, Assistant Treasurer, and Principal Accounting Officer, effective December 20, 2021”

Andrew Brown was appointed as Corporate Controller and Principal Accounting Officer at CHEGG, INC.

“appointed Andrew Brown, 62, the Company’s Chief Financial Officer and Principal Financial Officer, as the Company’s Corporate Controller and Principal Accounting Officer, effective November 15, 2021”

Robin Tomasello resigned as Vice President, Corporate Controller, Assistant Treasurer, and Principal Accounting Officer at CHEGG, INC.

“Robin Tomasello, the Company's former Vice President, Corporate Controller, Assistant Treasurer, and Principal Accounting Officer, who resigned from her position, effective November 15, 2021”

Robin Tomasello resigned as Vice President, Corporate Controller, Assistant Treasurer, and Principal Accounting Officer at CHEGG, INC.

“On October 18, 2021, Robin Tomasello, Vice President, Corporate Controller, Assistant Treasurer, and the principal accounting officer of Chegg, Inc. (the “Company”), notified the Company that she plans to resign from her position, effective November 15, 2021.”

Marcela Martin was appointed as Class III Director at CHEGG, INC.

“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”