LAUREATE EDUCATION, INC.

The table below reflects potential payments to each of our NEOs assuming various termination of employment events as of December 31, 2025. For stock valuations, we have assumed that the price per share is the closing price of our common stock as of December 31, 2025, which was $33.67. The table below excludes any amounts payable to an NEO to the extent that these amounts are available generally to all salaried employees and do not discriminate in favor of our NEOs.

(1)With respect to without cause/good reason termination: for Mr. Serck-Hanssen, represents a severance payment equal to 1.5 times his base salary and target annual bonus, to be paid in equal installments over an 18-month period following the date of termination according to the Company’s regular payroll schedule. For the other NEOs, represents a severance payment equal to one times the NEO’s base salary and target annual bonus, to be paid in equal installments over a 12-month period following the date of termination according to the Company’s regular payroll schedule. Because the information in this table assumes a termination occurred as of December 31, 2025, excludes the amount of the NEO’s pro-rated target AIP bonus given that as of such date the NEO would be entitled to the actual earned annual bonus for 2025.

For termination due to change in control plus qualifying termination, represents a lump sum severance payment equal to two times Mr. Serck-Hanssen’s base salary and target annual bonus and 1.5 times the other NEOs’ base salary and target annual bonus. Because the information in this table assumes a termination occurred as of December 31, 2025, excludes the amount of the NEO’s pro-rated target AIP bonus given that as of such date the NEO would be entitled the actual earned annual bonus for 2025.

(2)For all NEOs includes the estimated cost of outplacement services for nine months and, for Mr. Serck-Hanssen and Ms. Brush, also includes the cost of group medical insurance coverage.

(3)For termination without cause: For Mr. Serck-Hanssen, amount represents the aggregate fair market value of unvested RSUs granted on January 2, 2025. For Messrs. Buskirk and Cardoso, amount represents the aggregate fair market value of unvested RSUs granted on May 30, 2024 and prorated for time employed over the three years after date of grant.

For termination due to death or disability: amount represents the aggregate fair market value of unvested PSUs outstanding on December 31, 2025 that are subject to 2025 performance goals. Cash DERs become due and payable to each NEO upon such vesting in the following amounts: Mr. Serck-Hanssen—$23,947, Mr. Buskirk—$6,579, Ms. Brush—$968, and Mr. Cardoso—$6,675.

For termination due to change in control plus qualifying termination: amounts assume that the NEO’s PSU and RSU awards were assumed in the change in control transaction and were accelerated in connection with the NEO’s termination without “cause” or resignation for “good reason.” Cash DERs become due and payable to each NEO upon acceleration of unvested equity awards in the following amounts: Mr. Serck-Hanssen—$23,947, Mr. Buskirk—$6,579, Ms. Brush—$968, and Mr. Cardoso—$6,675.

2026 Proxy Statement 33