| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| 199 Sunbeam Realty, LLC | Delaware | | 100 | % | | | | | |
| CGRH, LLC | Delaware | | 100 | % | | | | | |
| Clyde's of Broadland, LLC | Virginia | | 100 | % | | | | | |
| Clyde's of Chevy Chase, LLC | Maryland | | 100 | % | | | | | |
| | Clyde's Tower Oaks Lodge, LLC | Maryland | | 100 | % | | | | | |
| Clyde's of Columbia, LLC | Maryland | | 100 | % | | | | | |
| Clyde's of Gallery Place, LLC | District of Columbia | | 100 | % | | | | | |
| Clyde's of Georgetown, LLC | District of Columbia | | 100 | % | | | | | |
| Clyde's at Mark Center, LLC | Virginia | | 100 | % | | | | | |
| Clyde's of Reston, LLC | Virginia | | 100 | % | | | | | |
| Clyde's Management, LLC | District of Columbia | | 100 | % | | | | | |
| The City Limit, LLC | District of Columbia | | 100 | % | | | | | |
| The Walrus Company, LLC | District of Columbia | | 100 | % | | | | | |
| Rye Street CRG LLC | Maryland | | 100 | % | | | | | |
| Gastropod Morse LLC | District of Columbia | | 100 | % | | | | | |
| Forney Corporation | Delaware | | 100 | % | | | | | |
| Forney Shanghai Trading Company | China (PR) | | 100 | % | | | | | |
| Forney Maquila, LLC | Delaware | | 100 | % | | | | | |
| | FMMX S. de R.L. de C.V. | Mexico | | 100 | % | (a) | | | | |
| | | FSM S. de R.L. de C.V. | Mexico | | 100 | % | (b) | | | | |
| FRTW Holdings LLC | Delaware | | 100 | % | | | | | |
| Hoover Wood Products Holdings, Inc. | Delaware | | 100 | % | | | | | |
| | Hoover Treated Wood Products, Inc. | Delaware | | 100 | % | | | | | |
| FBHCO, Inc. | Delaware | | 93.4 | % | | | | | |
| Framebridge, Inc. | Delaware | | 93.4 | % | | | | | |
| | Framebridge Retail Stores LLC | Delaware | | 93.4 | % | | | | | |
| Graham Automotive LLC | Delaware | | 100 | % | | | | | |
| Graham-Ourisman Automotive LLC | Delaware | | 90 | % | | | | | |
| | Endor, LLC | Maryland | | 90 | % | | | | | |
| | Lando, LLC | Virginia | | 90 | % | | | | | |
| | C3PO, LLC | Maryland | | 90 | % | | | | | |
| | | Boba Fett LLC | Maryland | | 90 | % | | | | | |
| | | Hoth LLC | Maryland | | 90 | % | | | | | |
| | Palpatine, LLC | Maryland | | 90 | % | | | | | |
| | Corellia, LLC | Maryland | | 90 % | | | | | |
| | | Corellia Shipyard, LLC | Maryland | | 90 % | | | | | |
| | Vader, LLC | Virginia | | 90 | % | | | | | |
| | Mon Mothma, LLC | Virginia | | 90 | % | | | | | |
| | Anakin, LLC | Virginia | | 90 | % | | | | | |
| | Padme, LLC | Virginia | | 90 | % | | | | | |
| | Yavin, LLC | Virginia | | 90 | % | | | | | |
| | Yavin II, LLC | Virginia | | 90 | % | | | | | |
| | Yavin III, LLC | Virginia | | 90 | % | | | | | |
| | Luke Skywalker, LLC | Virginia | | 90 | % | | | | | |
| | Mustafar, LLC | Virginia | | 90 | % | | | | | |
| | Leia Skywalker, LLC | Virginia | | 90 | % | | | | | |
| | Alderaan, LLC | Virginia | | 90 | % | | | | | |
| | Kamino, LLC | Virginia | | 90 | % | | | | | |
| | Obi Wan, LLC | Virginia | | 90 | % | | | | | |
| | Mos Eisley, LLC | Virginia | | 90 | % | | | | | |
| | Ahsoka, LLC | Virginia | | 90 | % | | | | | |
| Graham Digital Holding Company LLC | Delaware | | 100 | % | | | | | |
| City Cast LLC | Delaware | | 100 | % | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| Decile LLC | Delaware | | 100 | % | | | | | |
| The Slate Group, LLC | Delaware | | 100 | % | | | | | |
| Code3 LLC | Delaware | | 100 | % | | | | | |
| | Social Code Holdings, LLC | Delaware | | 100 | % | | | | | |
| | JKR Ventures, LLC | Ohio | | 100 | % | | | | | |
| | Marketplace Strategy, LLC | Ohio | | 100 | % | | | | | |
| | Marketplace Direct, LLC | Ohio | | 100 | % | | | | | |
| Pinna LLC | Delaware | | 100 | % | | | | | |
| Graham Healthcare Group, Inc. | Delaware | | 100 | % | | | | | |
| Celtic Healthcare, Inc. | Nevada | | 100 | % | | | | | |
| | Residential Home Health of Carlisle, LLC | Pennsylvania | | 100 | % | | | | | |
| | Graham Health Services, LLC | Pennsylvania | | 100 | % | | | | | |
| | Celtic Rehabilitation Services, Inc. | Pennsylvania | | 100 | % | | | | | |
| | Residential Home Health of NC PA, LLC | Pennsylvania | | 100 | % | | | | | |
| | Residential Healthcare of NE PA, LLC | Pennsylvania | | 100 | % | | | | | |
| | Residential Hospice of Carlisle, LLC | Pennsylvania | | 100 | % | | | | | |
| | Celtic Hospice & Palliative Care Services of NC PA, LLC | Pennsylvania | | 100 | % | | | | | |
| | Residential Hospice of Southern Illinois LLC | Pennsylvania | | 100 | % | | | | | |
| | Residential Home Health of Southern Illinois, LLC | Pennsylvania | | 100 | % | | | | | |
| Graham Healthcare Capital, LLC | Delaware | | 100 | % | | | | | |
| | GHC One, LLC | Delaware | | 100 | % | | | | | |
| | | GHC One Clarus, LLC | Delaware | | 95 | % | | | | | |
| | | | Clarus Care, LLC | Delaware | | 95 | % | | | | | |
| | | GHC One CSI, LLC | Delaware | | 100 | % | | | | | |
| | | | CSI Coinvest, LLC | Delaware | | 95 | % | | | | | |
| | | | | CSI Pharmacy Holding Company, LLC | Delaware | | 86.7 | % | | | | | |
| | | | | | NH Enterprises, LLC | Delaware | | 86.7 | % | | | | | |
| | | | | | Clinical Specialty Infusions of Dallas, LLC | Delaware | | 86.7 | % | | | | | |
| | | GHC One Darby, LLC | Delaware | | 95 | % | | | | | |
| | GHC Two, LLC | Delaware | | 100 | % | | | | | |
| | | GHC Two Minority, LLC | Delaware | | 100 | % | | | | | |
| | | | GHC Two Minority Co-Invest | Delaware | | 95 | % | | | | | |
| | | GHC Two Skin Clique, LLC | Delaware | | 100 | % | | | | | |
| | | | Skin Clique Co-Invest, LLC | Delaware | | 95 | % | | | | | |
| | | GHC Two Autism Ventures, LLC | Delaware | | 95 | % | | | | | |
| | | | Ray Beyond Behavioral Corp. dba Surpass Behavioral Health | Delaware | | 95 | % | | | | | |
| | | | | Community Living in Kentucky, LLC | Delaware | | 95 | % | | | | | |
| | | | | Growing Minds Learning Center, LLC | Delaware | | 95 | % | | | | | |
| | | | | Education Alternatives for ABA, LLC | Delaware | | 95 | % | | | | | |
| | | | | Early Autism Project, Inc. | Delaware | | 95 | % | | | | | |
| | | GHC One Weiss, LLC | Delaware | | 100 | % | | | | | |
| | | | Weiss Co. Invest. LLC | Delaware | | 95 | % | | | | | |
| Residential Healthcare Group, Inc. | Delaware | | 100 | % | | | | | |
| | Residential Home Health and Hospice, Inc. | Michigan | | 100 | % | | | | | |
| | RHH Holdings Co | Michigan | | 100 | % | | | | | |
| | | Residential Home Health, LLC | Delaware | | 100 | % | | | | | |
| | | | Residential Home Health of NW OH, LLC | Delaware | | 100 | % | | | | | |
| | Residential Hospice, LLC | Michigan | | 100 | % | | | | | |
| | | Florida Hospice, LLC | Florida | | 100 | % | | | | | |
| | | Residential Hospice of NW OH, LLC | Delaware | | 100 | % | | | | | |
| | RHH Ventures Illinois, LLC | Illinois | | 100 | % | | | | | |
| Residential Kansas HoldCo, Inc. | Delaware | | 100 | % | | | | | |
| Graham Media Group, Inc. | Delaware | | 100 | % | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| Graham Media Group, Florida, Inc. | Florida | | 100 | % | | | | | |
| Graham Media Group, Houston, Inc. | Delaware | | 100 | % | | | | | |
| Graham Media Group, Michigan, Inc. | Delaware | | 100 | % | | | | | |
| Graham Media Group, Orlando, Inc. | Delaware | | 100 | % | | | | | |
| Graham Media Group, San Antonio, Inc. | Delaware | | 100 | % | | | | | |
| Graham Media Group, Virginia, LLC | Virginia | | 100 | % | | | | | |
| Social News Desk, Inc. | Florida | | 100 | % | | | | | |
| Group Dekko Holdings Inc. | Delaware | | 100 | % | | | | | |
| Group Dekko Inc. | Indiana | | 100 | % | | | | | |
| | | Dekko Global Enterprise LLC | Indiana | | 100 | % | | | | | |
| | | | Grupo Dekko Mexico S.A, de C.V. | Mexico | | 100 | % | (c) | | | | |
| Joyce/Dayton Corp. | Ohio | | 100 | % | | | | | |
| EDrive Actuators, Inc. | Connecticut | | 100 | % | | | | | |
| Lowly Worm Holdings, Inc. | Delaware | | 100 | % | | | | | |
| Kaplan, Inc. | Delaware | | 99.44 | % | | | | | |
| BridgeU North America, LLC | Delaware | | 100 | % | | | | | |
| Dev Bootcamp, Inc. | California | | 100 | % | | | | | |
| Graham Holdings Retired Employee Payroll Master, LLC | Delaware | | 100 | % | | | | | |
| Kaplan International, LLC | Delaware | | 100 | % | | | | | |
| Kaplan Higher Education, LLC | Delaware | | 100 | % | | | | | |
| | Texas Educational Ventures, LP | Texas | | 100 | % | | | | | |
| | Kaplan North America, LLC | Delaware | | 100 | % | | | | | |
| | | KNA International, LLC | Delaware | | 100 | % | | | | | |
| | | Northeast Higher Education, LLC | Delaware | | 100 | % | | | | | |
| | | Kaplan Medical Affairs, LLC | Delaware | | 100 | % | | | | | |
| | | DF Institute, LLC | Illinois | | 100 | % | | | | | |
| | | | The College for Financial Planning Institutes Corp. | Arizona | | 100 | % | | | | | |
| | | | | The College for Financial Planning, Inc. | Arizona | | 100 | % | | | | | |
| KV EdTech Partners LLC | Delaware | | 100 | % | | | | | |
| Kaplan Mexico Holdings, LLC | Delaware | | 100 | % | | | | | |
| | Kaplan (India) Private Limited | India | | 100 | % | (d) | | | | |
| Kaplan (PR) Inc. | Puerto Rico | | 100 | % | | | | | |
| Kaplan Medical Prep, LLC | New York | | 100 | % | | | | | |
| Kaplan K12 Learning Services, LLC | Delaware | | 100 | % | | | | | |
| Kaplan Test Prep International, LLC | California | | 100 | % | | | | | |
| Kaplan International North America, LLC | California | | 100 | % | | | | | |
| Kaplan International Pathways North America, LLC | Delaware | | 100 | % | | | | | |
| Hands On Consulting Limited | Hong Kong | | 100 | % | | | | | |
| Hands On Education Consultants Co., Ltd. | Thailand | | 100 | % | (e) | | | | |
| Kaplan U.K. Limited | England & Wales | | 100 | % | | | | | |
| | Kaplan International Pathways Canada Limited | British Columbia | | 100 | % | | | | | |
| | Kaplan (Canada) Ltd. | Ontario | | 100 | % | | | | | |
| | | U.S. CPA ExamPrep, Inc. | Ontario | | 100 | % | | | | | |
| | Aspect Education Limited | England & Wales | | 100 | % | | | | | |
| | | Education Tower Ltd. | Hong Kong | | 100 | % | | | | | |
| | | | BEO KK | Japan | | 100 | % | | | | | |
| | | | Hands On BEO Company Ltd. | Vietnam | | 100 | % | | | | | |
| | | Aspect (Beijing) Education Information Consulting Co. Ltd. | China (PR) | | 100 | % | | | | | |
| | | Pacific Language Institute, Inc. | British Columbia | | 100 | % | | | | | |
| | | Aspect Education UK Limited | England & Wales | | 100 | % | | | | | |
| | | Aspect Educational Services Limited | England & Wales | | 100 | % | | | | | |
| | | Aspect International Language Academies Limited | England & Wales | | 100 | % | | | | | |
| | | | Anglo World Travel SA | Switzerland | | 100 | % | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| | | | | Anglo-World Group Ltd. | England & Wales | | 100 | % | | | | | |
| | | | | | Anglo-World Education Ltd. | England & Wales | | 100 | % | | | | | |
| | | Aspect International Language Schools Limited | Ireland | | 100 | % | | | | | |
| | | Aspect Language Schools Limitada | Colombia | | 100 | % | | | | | |
| | | Aspect Language Schools Limited | Switzerland | | 100 | % | | | | | |
| | | Aspect S.A.R.L. France | France | | 100 | % | | | | | |
| | | Aspect Education (Hong Kong) Limited | Hong Kong | | 100 | % | | | | | |
| | | Kaplan International Operations Mexico, S.A. de C.V. | Mexico | | 100 | % | (f) | | | | |
| | | KI HR Services Mexico, S.A. de C.V. | Mexico | | 100 | % | (f) | | | | |
| | | Aspect Language Schools SA | Spain | | 100 | % | | | | | |
| | Kaplan International Investments Limited | England & Wales | | 100 | % | | | | | |
| | BridgeU Limited | England & Wales | | 100 | % | | | | | |
| | | Bridge-U Hong Kong Limited | Hong Kong | | 100 | % | | | | | |
| | Kaplan Test Prep and Admissions Limited | England & Wales | | 100 | % | | | | | |
| | Manhattan GMAT Limited | England & Wales | | 100 | % | | | | | |
| | Heverald Groupe S.A. | Switzerland | | 100 | % | | | | | |
| | | Alpadia Freiburg | Germany | | 100 | % | | | | | |
| | | Alpadia S.A. | Switzerland | | 100 | % | | | | | |
| | | Alpadia Sarl | France | | 100 | % | | | | | |
| | | Alpadia Berlin GmbH | Germany | | 100 | % | | | | | |
| | | ESL Education S.A.S. | France | | 100 | % | | | | | |
| | | ESL Education Belgique sprl | Belgium | | 100 | % | | | | | |
| | | ESL Education Italia S.R.L. | Italy | | 100 | % | | | | | |
| | | Alpadia UK Limited | England & Wales | | 100 | % | | | | | |
| | | ESL Education GmbH ÖSTERREICH | Austria | | 100 | % | | | | | |
| | | ESL Education S.A. | Switzerland | | 100 | % | | | | | |
| | | Alpadia Education SL | Spain | | 100 | % | | | | | |
| | | ESL Educación España S.L | Spain | | 100 | % | | | | | |
| | | ESL Education GmbH Deutschland | Germany | | 100 | % | | | | | |
| | | ESL Services IT S.R.L | Italy | | 100 | % | | | | | |
| | | ESL Services SP S.L | Spain | | 100 | % | | | | | |
| | Kaplan International UK Holdings Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Australia Holdings Pty Limited | Australia | | 100 | % | | | | | |
| | | | Kaplan Australia Pty Limited | Australia | | 100 | % | | | | | |
| | | | | Red Marker Pty Ltd | Australia | | 100 | % | | | | | |
| | | | | Kaplan International (Melbourne & Adelaide) Pty Limited | Australia | | 100 | % | | | | | |
| | | | | Kaplan Higher Education Party Limited | Australia | | 100 | % | | | | | |
| | | | | | Kaplan Business School Pty Limited | Australia | | 100 | % | | | | | |
| | | | | | Kaplan International English (Australia) Pty Limited | Australia | | 100 | % | | | | | |
| | | | | | | Kaplan International NZ Limited | New Zealand | | 100 | % | | | | | |
| | | | | Tribeca Learning Pty Limited | Australia | | 100 | % | | | | | |
| | | | | | Kaplan Education Pty Limited | Australia | | 100 | % | | | | | |
| | | Kaplan Holdings Limited | Hong Kong | | 100 | % | | | | | |
| | | | Kaplan Higher Education (HK) Limited | Hong Kong | | 100 | % | | | | | |
| | | | Kaplan Citic Education Co. Limited | China (PR) | | 49 | % | | | | | |
| | | | Kaplan Financial (HK) Limited | Hong Kong | | 100 | % | | | | | |
| | | | | Kaplan Language Training (HK) Limited | Hong Kong | | 100 | % | | | | | |
| | | | Kaplan Institute Limited | Hong Kong | | 100 | % | | | | | |
| | | | Shanghai Kaplan Education Investment Consulting Co. Ltd. | China (PR) | | 100 | % | | | | | |
| | | | Shanghai Kaibo Management Consultation Co., Ltd | China (PR) | | 100 | % | | | | | |
| | | | The Financial Training (Shanghai) Co., Ltd | China (PR) | | 100 | % | | | | | |
| | | | | Shanghai Kai Bo Education Investment Management Co. Limited | China (PR) | | 100 | % | (g) | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| | | Kaplan Singapore Pte. Ltd. | Singapore | | 100 | % | | | | | |
| | | | Kaplan Learning Institute Pte. Ltd | Singapore | | 100 | % | | | | | |
| | | | Kaplan Higher Education Institute Pte. Ltd | Singapore | | 100 | % | | | | | |
| | | | Kaplan Higher Education Academy Pte. Ltd | Singapore | | 100 | % | | | | | |
| | | | Kaplan Myanmar Company Limited | Myanmar | | 99 | % | | | | | |
| | | Accountancy & Business College (Ireland) Limited | Ireland | | 100 | % | | | | | |
| | | | DBS Services SDN.BHD | Malaysia | | 100 | % | | | | | |
| | | Kaplan Ireland Education Limited | Ireland | | 100 | % | | | | | |
| | Kaplan International Holdings Limited | England & Wales | | 100 | % | | | | | |
| | | Eagle Education and Training Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Dubai Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Professional ME Limited | England & Wales | | 100 | % | | | | | |
| | | Osborne Books Limited | England & Wales | | 100 | % | | | | | |
| | | The Financial Training Company Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Financial Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan SQE Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Training Limited | England & Wales | | 100 | % | | | | | |
| | | | | Kaplan Consulting & Training Limited | England & Wales | | 100 | % | | | | | |
| | | | Hawksmere Limited | England & Wales | | 100 | % | | | | | |
| | | Holborn College Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Saudi Arabia Holding Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Saudi Arabia Limited | Saudi Arabia | | 100 | % | | | | | |
| | | Kaplan International Colleges U.K. Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Essex Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Qatar Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Colleges Private Limited | India | | 100 | % | | | | | |
| | | | Kaplan International Colleges (Private) Limited | Pakistan | | 100 | % | | | | | |
| | | | Kaplan Glasgow Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan International Colleges Limited | Nigeria | | 100 | % | (h) | | | | |
| | | | Kaplan Liverpool Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Nottingham Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan NT Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan International College London Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Brighton Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan UWE Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Bournemouth Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Estates Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan York Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Partner Services HK Limited | Hong Kong | | 100 | % | (i) | | | | |
| | | Kaplan Open Learning Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Open Learning (Essex) Limited | England & Wales | | 100 | % | | | | | |
| | | | Kaplan Open Learning (Liverpool) Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Publishing Limited | England & Wales | | 100 | % | | | | | |
| | | | Foulks Lynch Limited | England & Wales | | 100 | % | | | | | |
| | | Kaplan Professional Awards Limited | England & Wales | | 100 | % | | | | | |
| | | Mander Portman Woodward Limited | England & Wales | | 100 | % | | | | | |
| | | | Kensington Student Services Limited | England & Wales | | 100 | % | | | | | |
| | | | Justin Craig Education Limited | England & Wales | | 100 | % | | | | | |
| Leaf Group Ltd. | Delaware | | 100 | % | | | | | |
| Deny Designs, LLC | Delaware | | 100 | % | | | | | |
| Leaf Group Services, LLC | Delaware | | 100 | % | | | | | |
| | Out of the Box S.A. | Argentina | | 100 | % | (j) | | | | |
| Leaf OIYS, LLC | Delaware | | 100 | % | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Subsidiary | Jurisdiction of Incorporation or Organization | | % of Voting Equity Owned by Parent | | | | | |
| Other Art Fairs, LLC | Delaware | | 100 | % | | | | | |
| Other Art Fairs Ltd | England | | 100 | % | | | | | |
| Other Art Fairs Australia Pty Ltd. | Australia | | 100 | % | | | | | |
| Saatchi Online, Inc. | Delaware | | 100 | % | | | | | |
| Society6, LLC | Delaware | | 100 | % | | | | | |
| Well+Good, LLC | New York | | 100 | % | | | | | |
| Soteria One, Inc. | Vermont | | 100 | % | | | | | |
________________________
(a)Forney Corporation owns .03% and Forney Maquila, LLC owns 99.97% of FMMX S. de R.L. de C.V. The combined ownership of Forney Maquila, LLC and Forney Corporation in FMMX S. de R.L. de C.V. is 100%.
(b) Forney Maquila, LLC owns .03% and FMMX s. de R.L. de C.V. owns 99.97% of FSM S. de R.L. de C.V. The combined ownership of Forney Maquila, LLC and FMMX S. de R.L. de C.V. in FSM S. de R.L. de C.V. is 100%.
(c) Dekko Global Enterprise, LLC owns 99.998% of Type A Common Stock of Grupo Dekko Mexico, S.A. de C.V. and Group Dekko Holdings, Inc. owns .002% of Type A Common Stock of Grupo Dekko Mexico, S.A. de C.V. Dekko Global Enterprise, LLC owns 100% of Type B Common Stock of Grupo Dekko Mexico, S.A. de C.V. The combined ownership by Dekko Global Enterprise, LLC and Group Dekko Holdings, Inc. in Grupo Dekko Mexico, S.A. de C.V. is 100%.
(d) Kaplan Colleges Private Limited also owns 4.35% stock in Kaplan (India) Private Limited. The combined ownership of Kaplan Mexico Holdings, LLC and Kaplan Colleges Private Limited in Kaplan (India) Private Limited is 100%.
(e) Hands On Consulting Limited owns 49% stock and Kaplan International, Inc. and Kaplan Test Prep International, Inc. each own 0.002% stock of Hands On Education Consultants Co., Ltd. The combined ownership of Kaplan, Inc., Hands On Consulting Limited, Kaplan International, LLC and Kaplan Test Prep International, LLC in Hands On Education Consultants Co., Ltd. is 100%.
(f) Aspect Educational Services Limited also owns .002% equity in Kaplan International Operations Mexico, S.A. de C.V. and KI HR Services Mexico, S.A. de C.V. The combined ownership of Aspect Education Limited and Aspect Educational Services Limited in Kaplan International Operations Mexico, S.A. de C.V. and KI HR Services Mexico, S.A. de C.V. is 100%.
(g) Shanghai Kaplan Education Investment Consulting Co. Ltd also owns 52.5% stock in Shanghai Kai Bo Education Investment Management Co. Limited. The combined ownership of The Financial Training (Shanghai) Co., Ltd and Shanghai Kaplan Education Investment Consulting Co. Ltd in Shanghai Kai Bo Education Investment Management Co. Limited is 100%.
(h) Kaplan International Holdings Limited also owns 1 share or .00001% of Kaplan International Colleges Limited. The combined ownership of Kaplan International Holdings Limited and Kaplan International Colleges U.K. Limited in Kaplan International Colleges Limited is 100%.
(i) Kaplan NT Limited, Kaplan Liverpool Limited, Kaplan Glasgow Limited, Kaplan Nottingham Limited, The University of York International Pathway College LLP (which is 45% owned by Kaplan York Limited), Kaplan International College London Limited, Kaplan UWE Limited, Kaplan Bournemouth Limited, Kaplan Brighton Limited and Kaplan Essex Limited each owns 10% of Kaplan Partner Services HK Limited. The combined ownership of Kaplan NT Limited, Kaplan Liverpool Limited, Kaplan Glasgow Limited, Kaplan Nottingham Limited, The University of York International Pathway College LLP, Kaplan International College London Limited, Kaplan UWE Limited, Kaplan Bournemouth Limited and Kaplan Brighton Limited and Kaplan Essex Limited is 100%.
(j) Leaf Group Services, LLC owns 5% of Out of the Box S.A. and Leaf Group Ltd. owns 95%.
As permitted by Item 601(b)(21) of Regulation S-K, the foregoing list omits certain subsidiaries which, if considered in the aggregate as a single subsidiary, would not constitute a “significant subsidiary” as that term is defined in Rule 1-02(w) of Regulation S-X.
