17 Job Placement Rate Our 2021 job placement rates provide evidence to support a fundamental belief at BloomTech: We provide a direct path to a well-paying job. When learners and graduates followed our training and job search program, the vast majority found a job. What’s more, is that we provided support throughout their education and beyond. Our career support throughout their program and after graduation meant they could lean on our expertise for best practices that lead to a job. Job Placement Rate Methodology Our Job Placement Rate is calculated from the population of Starting Learners whose Actual Graduation Date was during 2021. The addressable population of Starting Learners with an Original Expected Graduation Date in 2021 (1,698 learners) consists of three unique groups: ● Learners who graduated (994 learners) ● Learners who withdrew (614 learners) ● Learners who are still enrolled (90 learners) The 994 Starting Learners who graduated fall into one of three unique groups: ● Learners who graduated in 2021 (877 learners) ● Learners who graduated before 2021 (32 learners) ● Learners who graduated after 2021 (85 learners) The 877 Starting Learners with both an Original Expected Graduation Date and Actual Graduation Date in 2021 fall into one of two unique groups: ● Job Seeking Learners (550 learners) 18 ● Non-Job Seeking Learners (327 learners) Of these two groups, only Job Seeking Learners fall within the Job Placement Rate Addressable Population. The 550 Job Seeking Learners were then adjusted for an additional 128 Job Seeking Learners and 10 Unpaid/Unverified learners. These additional 128 learners had an Original Expected Graduation Date before or after 2021 and an Actual Graduation Date in 2021. Out of this total we removed these 10 learners who graduated in 2021 and got placed but we have not been able to verify their job or they received an unpaid job. 17 Management’s criterion for defining Job Placement Rate is the percentage of learners whose Actual Graduation Date was during 2021 that have secured a job placement, as of the Reporting Date. 18 A BloomTech graduate who has been unresponsive to outreach, has explicitly indicated they are not pursuing a technical role, or has explicitly indicated they have paused their job search.