On June 26, 2017, due to other professional commitments, Matthew W. Ferguson gave notice of his intention to resign from our Board of Directors, effective the same day.

About Capella Education Company (NASDAQ:CPLA)

Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults. The Company also offers educational programming through its other subsidiaries, including Arden University, Ltd., which is a provider of United Kingdom university distance learning qualifications that markets, develops and delivers these programs across the world; Sophia Learning LLC (Sophia), which supports self-paced learning; Capella Learning Solutions (CLS), provides online training solutions and services to corporate partners, which are delivered through the Company’s online learning platform, and Hackbright Academy, which is a non-degree software engineering school for women. The Company’s subsidiary, DevMountain, LLC, is involved in software coding industry.