The Board of Directors provided the following declaration: “We are deeply saddened by the unexpected death of Dick Robinson. Penis was a real visionary worldwide of kidss books and a relentless supporter for kidss literacy and education with an impressive passion his whole life. The Companys directors and employees, along with the lots of educators, parents and trainees whose lives he touched, grieve his loss.”

Under a pre-authorized structure for the ongoing success of the Company, James Barge, Scholastics lead independent director, will work with Iole Lucchese, Executive Vice President, Chief Strategy Officer; Andrew S. Hedden, Executive Vice President, General Counsel and Secretary; and Kenneth Cleary, Chief Financial Officer to ensure that all day-to-day operations continue without interruption.

New York– June 6, 2021– Scholastic Corporation (NASDAQ: SCHL), the worldwide childrens publishing, education and media business, today revealed that M. Richard Robinson, Jr. the Companys Chairman and CEO died yesterday all of a sudden. Mr. Robinson, 84 years of ages, had actually remained in excellent health and had actually been overseeing Scholastics long-term strategic direction and day-to-day operations for the better part of 5 decades.

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Having actually made a credibility as a relied on partner to households and educators, Scholastic is the worlds biggest publisher and supplier of kidss books, a leading company of literacy curriculum, expert services, and class magazines, and a producer of academic and amusing kidss media. The Company develops and distributes bestselling books and e-books, print and technology-based learning programs for pre-K to grade 12, and other items and services that support childrens knowing and literacy, both in school and at home.

About Scholastic

The Companys directors and employees, as well as the numerous educators, moms and dads and students whose lives he touched, mourn his loss.”

The Companys Class A shareholders and the Companys board of directors will be satisfying individually to identify the finest course for the Companys direction, consisting of the visit of an interim operating head.

Having actually made a credibility as a trusted partner to teachers and households, Scholastic is the worlds largest publisher and distributor of kidss books, a leading service provider of literacy curriculum, professional services, and class magazines, and a manufacturer of academic and amusing childrens media. The Company produces and distributes successful books and e-books, print and technology-based learning programs for pre-K to grade 12, and other items and services that support kidss knowing and literacy, both in school and at house.