Analyst Coverage

Firm	Analyst
Baird	Rob Oliver
BofA	Nat Schindler
Cantor Fitzgerald	Brett Knoblauch
Citigroup	Tom Singlehurst
Jefferies	Brent Thill
JP Morgan	Noah Herman
KeyBanc	Jason Celino
Morgan Stanley	Josh Baer
Needham	Ryan MacDonald
Piper Sandler	Arvind Ramnani
Truist	Terry Tillman
William Blair	Stephen Sheldon

Udemy is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Udemy's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Udemy or its management. Udemy does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.