<SEC-DOCUMENT>0001104659-25-025245.txt : 20250318
<SEC-HEADER>0001104659-25-025245.hdr.sgml : 20250318
<ACCEPTANCE-DATETIME>20250318213035
ACCESSION NUMBER:		0001104659-25-025245
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20250317
FILED AS OF DATE:		20250318
DATE AS OF CHANGE:		20250318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Apollo Management GP, LLC
		CENTRAL INDEX KEY:			0001413410
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40566
		FILM NUMBER:		25750655

	BUSINESS ADDRESS:	
		STREET 1:		TWO MANHATTANVILLE ROAD
		STREET 2:		SUITE 203
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		914-694-8000

	MAIL ADDRESS:	
		STREET 1:		TWO MANHATTANVILLE ROAD
		STREET 2:		SUITE 203
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Apollo Management Holdings GP, LLC
		CENTRAL INDEX KEY:			0001449433
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40566
		FILM NUMBER:		25750656

	BUSINESS ADDRESS:	
		STREET 1:		9 W. 57TH STREET
		STREET 2:		43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-515-3200

	MAIL ADDRESS:	
		STREET 1:		9 W. 57TH STREET
		STREET 2:		43RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Apollo Management Holdings, L.P.
		CENTRAL INDEX KEY:			0001449434
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40566
		FILM NUMBER:		25750654

	BUSINESS ADDRESS:	
		STREET 1:		9 W. 57TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-515-3200

	MAIL ADDRESS:	
		STREET 1:		9 W. 57TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Taboola.com Ltd.
		CENTRAL INDEX KEY:			0001840502
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		16 MADISON SQUARE WEST, 7TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
		BUSINESS PHONE:		(212) 206-7663

	MAIL ADDRESS:	
		STREET 1:		16 MADISON SQUARE WEST, 7TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm259590-2_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-03-17</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001840502</issuerCik>
        <issuerName>Taboola.com Ltd.</issuerName>
        <issuerTradingSymbol>TBLA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001449433</rptOwnerCik>
            <rptOwnerName>Apollo Management Holdings GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9 WEST 57TH STREET, 43RD FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001413410</rptOwnerCik>
            <rptOwnerName>Apollo Management GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9 WEST 57TH STREET, 43RD FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001449434</rptOwnerCik>
            <rptOwnerName>Apollo Management Holdings, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9 WEST 57TH STREET, 43RD FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Non-Voting Ordinary Shares, No Par Value</value>
            </securityTitle>
            <transactionDate>
                <value>2025-03-17</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>711864</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.95</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>41949045</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Ordinary Shares, No Par Value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>39525691</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The reported sales are between the Issuer and College Top Holdings, Inc., as part of the Issuer's share repurchase program and are intended to keep the Reporting Persons' ownership of Taboola's outstanding shares from reaching 25% or more. See Exhibit 99.1 for more information.</footnote>
        <footnote id="F2">See Exhibit 99.1.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>see signatures attached as Exhibit 99.2</signatureName>
        <signatureDate>2025-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm259590d2_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&#8239;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit&#8239;99.1</B></P>

<P STYLE="margin: 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On
February&#8239;24, 2025, the Issuer and College Top Holdings,&#8239;Inc. (&ldquo;College Holdings&rdquo;) entered into a Share Repurchase
Agreement (the &ldquo;Repurchase Agreement&rdquo;), pursuant to which the Issuer must conduct weekly repurchases of College Holdings&rsquo;
Non-voting Ordinary Shares at a purchase price determined by a market based pricing formula as specified in the Repurchase Agreement.
The maximum amount of Non-voting Ordinary Shares that may be repurchased each week will be 25% of the applicable allowable limit under
Rule&#8239;10b-18 of the Securities Exchange Act of 1934, as amended. The Repurchase Agreement terminates upon the earlier of: (i)&#8239;the
Company obtaining regulatory approval permitting College Holdings&rsquo; equity ownership in the Company to exceed 25%; (ii)&#8239;the
Company determining, as specified in the Repurchase Agreement, that no such approval is required; or (iii)&#8239;December&#8239;31, 2025.
On March&#8239;14, 2025, the Issuer and College Holdings entered into that Amendment No.&#8239;1 to the Stock Repurchase Agreement (the
 &ldquo;Amendment No.&#8239;1&rdquo;), pursuant to which the Repurchase Agreement dated February&#8239;24, 2025 is modified and amended so
that the quantity of shares for each &ldquo;repurchase transaction&rdquo; shall be modified to up to 1/3rd of the weekly applicable allowable
Rule&#8239;10b-18 limit. On March&#8239;17, 2025, the Issuer repurchased 711,864 Non-voting Ordinary Shares from College Holdings at $2.95
per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;College
Holdings holds securities of the Issuer on behalf of Yahoo Inc., its indirect wholly owned subsidiary. College Parent, L.P. (&ldquo;Parent&rdquo;)
is the sole shareholder of College Holdings. College Parent Holdings GP, LLC (&ldquo;Parent GP&rdquo;) serves as the general partner of
Parent. AP IX College Holdings, L.P. (&ldquo;AP IX College&rdquo;) is the sole member of College GP. AP IX College Holdings GP, LLC (&ldquo;AP
IX College GP&rdquo;) is the general partner of AP IX College. Apollo Management IX, L.P. (&ldquo;Management IX&rdquo;) is the non-member
manager of AP IX College GP. The general partner of Management IX is AIF IX Management, LLC (&ldquo;AIF IX LLC&rdquo;). Apollo Management,
L.P. (&ldquo;Apollo LP&rdquo;) is the sole member and manager of AIF IX LLC. Apollo Management GP, LLC (&ldquo;Management GP&rdquo;) is
the general partner of Apollo LP. Apollo Management Holdings, L.P. (&ldquo;Management Holdings&rdquo;) is the sole member of Management
GP. Apollo Management Holdings GP, LLC (&ldquo;Management Holdings GP&rdquo;) is the general partner of Management Holdings. Scott Kleinman,
Marc Rowan and James Zelter are the managers, as well as executive officers, of Management Holdings GP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each of the entities listed above, other than
College Holdings, and each of Messrs.&#8239;Kleinman, Rowan and Zelter, disclaims beneficial ownership of any of the Issuer&rsquo;s ordinary
shares owned of record by College Holdings, except to the extent of any pecuniary interest therein, and the filing of this Form&#8239;4
shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section&#8239;16
of the Securities Exchange Act of 1934, as amended, or for any other purpose.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>tm259590d2_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exhibit&nbsp;99.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>This
Statement on Form&nbsp;4 is filed by</B></FONT>: (i)&nbsp;College Top Holdings,&nbsp;Inc.; (ii)&nbsp;Yahoo Inc.; (iii)&nbsp;College Parent,
L.P., (iv)&nbsp;College Parent Holdings GP, LLC; (v)&nbsp;AP IX College Holdings, L.P.; (vi)&nbsp;AP IX College Holdings GP, LLC; (vii)&nbsp;Apollo
Management IX, L.P.; (viii)&nbsp;AIF IX Management, LLC; (ix)&nbsp;Apollo Management, L.P.; (x)&nbsp;Apollo Management GP, LLC; (xi)&nbsp;Apollo
Management Holdings, L.P.; and (xii)&nbsp;Apollo Management Holdings GP, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name
of Designated Filer</B></FONT>: Apollo Management Holdings GP, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Date
of Event Requiring Statement</B></FONT>: March&nbsp;17, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Issuer
Name</B></FONT>: Taboola.com Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD COLSPAN="4" STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COLLEGE TOP HOLDINGS,&nbsp;INC.</FONT></TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="3" STYLE="text-align: justify">College Parent, L.P.,</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="3" STYLE="text-align: justify">its sole shareholder</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">By:</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify"> College Parent Holdings GP, LLC</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="text-align: left; width: 3%">&nbsp;</TD><TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 41%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="2" STYLE="text-align: left">YAHOO INC.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="text-align: left; width: 3%">&nbsp;</TD><TD STYLE="text-align: justify; width: 47%">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify">/s/ Monica Mijaleski</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Monica Mijaleski</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Vice President, Chief Financial Officer and Treasurer</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD COLSPAN="3" STYLE="text-align: left">COLLEGE PARENT, L.P.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="2" STYLE="text-align: justify">College Parent Holdings GP, LLC</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="text-align: left; width: 3%">&nbsp;</TD><TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 44%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR>
     </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: left">COLLEGE PARENT HOLDINGS GP, LLC</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR>
     </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="3" STYLE="text-align: left">AP IX COLLEGE HOLDINGS, L.P.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="2" STYLE="text-align: justify">AP IX College Holdings GP, LLC,</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>

<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 44%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify">AP IX COLLEGE HOLDINGS GP, LLC</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="3" STYLE="text-align: left">APOLLO MANAGEMENT IX, L.P.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="2" STYLE="text-align: justify">AIF IX Management, LLC,</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>

<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 44%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify">AIF IX MANAGEMENT, LLC</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="3" STYLE="text-align: left">APOLLO MANAGEMENT, L.P.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="2" STYLE="text-align: justify">Apollo Management GP, LLC,</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>

<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 44%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify">APOLLO MANAGEMENT GP, LLC</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="3" STYLE="text-align: left">APOLLO MANAGEMENT HOLDINGS, L.P.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD COLSPAN="2" STYLE="text-align: justify">Apollo Management Holdings GP, LLC,</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">its general partner</TD></TR>

<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 44%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD COLSPAN="2" STYLE="text-align: justify">APOLLO MANAGEMENT HOLDINGS GP, LLC</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%"></TD>
                                                       <TD STYLE="text-align: justify; width: 3%">By:</TD>
                                                       <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ James Elworth</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">James Elworth </TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">&nbsp;</TD>
                                                       <TD STYLE="text-align: justify">Vice President</TD></TR></TABLE>
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