IDP EDUCATION LIMITED — AGM Information 2021

Oct 18, 2021

IDP Education

Annual General Meeting, 20 October 2020

IDP Education

FY21 Annual General Meeting

The material in this presentation has been prepared by IDP Education Limited (ASX: IEL) ABN 59 117 676 463 ("IDP Education") and is general background information about IDP Education'sactivities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In particular you are cautioned not to place undue reliance on any forward looking statements regarding our belief, intent or expectations with respect to IDP Education's businesses, market conditions and/or results of operations, as although due care has been used in the preparation of such statements, actual results may vary in a material manner. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice.

IDP Education uses certain measures to manage and report on its business that are not recognised under Australian Accounting Standards. These measures are collectively referred to as non-IFRS financial measures. Although IDP Education believes that these measures provide useful information about the financial performance of IDP Education, they should be considered as supplemental to the measures calculated in accordance with Australian Accounting Standards and not as a replacement for them. Because these non-IFRS financial measures are not based on Australian Accounting Standards, they do not have standard definitions, and the way IDP Education calculates these measures may differ from similarly titled measures used by other companies. Readers should therefore not place undue reliance on these non-IFRS financial measures.

Note: All financial amounts contained in this presentation are expressed in Australian dollars unless otherwise stated. Any discrepancies between totals and the sum of components in tables contained in this presentation are due to rounding.

Peter Polson Chairman

Business model resilience, our digital advantage and decisive capital management underpin a solid result in a heavily COVID-19 impacted year

* Adjusted EBIT and NPAT excludes merger and acquisition expenses which related to the acquisition of the British Council's Indian IELTS operations and intangible asset amortisation generated from business combinations

** APF is Application Processing Fee, being the fee IDP Education receives from its client education institutions for placing students into a course

A 58% increase in the share price and inclusion in the ASX100 Index

Andrew Barkla Chief Executive Officer and Managing Director

Operational Highlights

Resilient customers, a dedicated team and a diversified business model underpinned a solid outcome despite the challenges

IDP Connect research* shows students are holding on to their study intentions

Intention to commence study as planned Preference of delivery mode

79% of students with current offers are holding on to their plans

Students are warming to the blended model of online start then moving to face-to-face

Strategically positioned to grow IELTS market share

100 new computer delivered test centres in FY21

50 new websites and a preparation hub to support test takers

Acquired sole distribution rights in high growth India market

New technology architecture to drive product innovation

Milestone reached as IELTS accepted by 11,000 organisations

Connected community

• Trusted human support
• Delivered on a global platform
• Underpinned by leading technology innovation