| Schedule of Changes in Noncontrolling Interest |
The following table summarizes the changes in ownership of OpCo Units in Nerdy LLC for the periods presented. | | | | | | | | | | | | | | | | | | | | | | | | | As Of and For The Three Months Ended June 30, | | As Of and For The Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | OpCo Units | | | | | | | | | Nerdy Inc. | | | | | | | | | Beginning of period | 125,414 | | | 119,356 | | | 123,561 | | | 117,699 | | | Vesting or exercise of equity awards | 1,628 | | | 1,671 | | | 2,816 | | | 3,328 | | | Conversion of Combined Interests into Class A Common Stock | — | | | — | | | 665 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | End of period | 127,042 | | | 121,027 | | | 127,042 | | | 121,027 | | | Legacy Nerdy Holders | | | | | | | | | Beginning of period | 63,730 | | | 64,395 | | | 64,395 | | | 64,395 | | | | | | | | | | | Conversion of Combined Interests into Class A Common Stock | — | | | — | | | (665) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | End of period | 63,730 | | | 64,395 | | | 63,730 | | | 64,395 | | | Total | | | | | | | | | Beginning of period | 189,144 | | | 183,751 | | | 187,956 | | | 182,094 | | | Vesting or exercise of equity awards | 1,628 | | | 1,671 | | | 2,816 | | | 3,328 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | End of period | 190,772 | | | 185,422 | | | 190,772 | | | 185,422 | | | Ownership Percentage | | | | | | | | | Nerdy Inc. | | | | | | | | | Beginning of period | 66.3 | % | | 65.0 | % | | 65.7 | % | | 64.6 | % | | End of period | 66.6 | % | | 65.3 | % | | 66.6 | % | | 65.3 | % | | Legacy Nerdy Holders | | | | | | | | | Beginning of period | 33.7 | % | | 35.0 | % | | 34.3 | % | | 35.4 | % | | End of period | 33.4 | % | | 34.7 | % | | 33.4 | % | | 34.7 | % |
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