Wiley Hosts Investor Update

Wiley (NYSE: WLY and WLYB), one of the world’s largest publishers and a global leader in research and learning, will host its Investor Update today at 10 am E.T. to discuss the company’s business and financial outlook.

Today's virtual event will feature presentations by key members of the executive management team and focus on Wiley's execution on the following priorities:

• Wiley's recent reorganization around its Research & Learning core to better leverage its competitive advantage, drive scale, and improve operating and capital efficiency.
• The implementation of a 'focus and optimize' strategy to deliver healthy revenue growth and material margin improvement in Fiscal Years 2025 and 2026. Wiley will share its medium-term targets for revenue growth, Adjusted EBITDA margins, and Free Cash Flow.

“We continue to execute well on our value creation plan to make Wiley a stronger and more profitable company, giving us confidence in our ability to meet our medium-term targets and deliver sustained long-term success,” said Matthew Kissner, Wiley’s interim president and CEO. “Our renewed focus on our core presents exciting opportunities to grow by leveraging our must-have content and solutions for high-demand areas of the knowledge economy.”

Virtual Event
The live video webcast and playback will be available at Investor Update Webcast. Presentation slides will be available on Wiley’s Investor Relations website at investors.wiley.com.

About Wiley
Wiley is one of the world’s largest publishers and a global leader in research and learning. Dedicated to the creation and application of knowledge, Wiley serves the world’s researchers, learners, innovators, and leaders, helping them achieve their goals and solve the world's most important challenges. For more than two centuries, Wiley has been delivering on its timeless mission to unlock human potential. Visit us at Wiley.com. Follow us on Facebook, Twitter, LinkedIn and Instagram.

Safe Harbor Statement

This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statements. Any such forward-looking statements are based upon many assumptions and estimates that are inherently subject to uncertainties and contingencies, many of which are beyond the control of the Company and are subject to change based on many important factors. Such factors include, but are not limited to: (i) the level of investment in new technologies and products; (ii) subscriber renewal rates for the Company's journals; (iii) the financial stability and liquidity of journal subscription agents; (iv) the consolidation of book wholesalers and retail accounts; (v) the market position and financial stability of key retailers; (vi) the seasonal nature of the Company’s Learning business and the impact of the used book market; (vii) worldwide economic and political conditions; (viii) the Company's ability to protect its copyrights and other intellectual property worldwide (ix) the ability of the Company to successfully integrate acquired operations and realize expected opportunities; (x) the Company’s ability to realize operating savings over time and in fiscal year 2024 in connection with our multi-year Global Restructuring Program; (xi) the possibility that the divestitures will not be pursued, failure to obtain necessary regulatory approvals or required financing or to satisfy any of the other conditions to planned dispositions; and (xii) other factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances.