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Flatiron School 2020 Jobs Report Our mission is to enable the pursuit of a better life through education. For over eight years, Flatiron School has helped students achieve that goal by preparing them for careers in tech. Over 5,000 students have trusted us with their futures – a responsibility we do not take lightly. Back in 2014, we released our first independently-examined jobs report, pioneering the concept of jobs reporting in the bootcamp industry and setting a standard of transparency in educational results. As we have grown – and pushed to expand access to our programs through our fellowships, scholarships, and geographic expansion – we have remained as committed as ever to these strict standards, releasing examined annual jobs reports concerning graduates of our career-focused programs. This report covers 2,262 students across our On-Campus and Online programs, marking the largest Jobs Report in our eight-year history. 1,510 of these students were job-seeking graduates — their job search journey is covered in this report. Due to the duration of job searches, many of these graduates, all of whom graduated in 2019, had their searches impacted by the COVID-19 pandemic-induced economy in the Spring and Summer of 2020. In the face of this unprecedented pandemic, our students continued to work toward their futures, learning the skills they needed to change their lives and perform a remote job search in a turbulent and uncertain economy. We couldn’t be more proud to see the drive and perseverance displayed by our graduates, worldwide, throughout the year. Higher education should help people find their life’s passion and expand their horizons – while also providing a path to a sustainable career that enables them to build a life. Students should have access to clear, robust, and trusted educational data necessary to make well-informed decisions about their educational investments. We’re proud to continue to serve our students and the industry at large by putting results first. 2020 Jobs Report | i Changes in Flatiron School’s Offerings and Reporting Methodology since the 2019 Jobs Report 2019 was a year of extraordinary growth at Flatiron School. In addition to more than doubling our graduate population, we proudly added a new discipline and new campuses to our offering catalog. We also had our first graduates from our structured Online formats. These changes, along with updates to our reporting methodology are highlighted below. Online Program In addition to our longstanding Online Self-Paced program, in 2019, we had our first graduates from our new structured Full-Time Online and Part-Time Online formats. As such, this will be the first Jobs Report to feature a graduation rate for our structured Full-Time Online and Part-Time Online formats. Campus Program 2019 marked the first graduates from our Atlanta, Austin, Chicago, Denver, and Seattle campuses. Some of these campuses had very small graduate populations during the reporting period. As such, while the job outcomes data of graduates from all campuses will be included within the aggregate overall data set, individual campus breakdowns for campuses with small population sizes will not be provided to protect each student’s privacy. Individual campus breakdowns that have been excluded will be noted in the footnotes section and tables. Disciplines During 2019, Flatiron School was proud to offer the UX/UI Design discipline at various campus locations and online. Changes to Reporting Methodology For the 2020 Jobs Report, we have revised two of our reporting policies. The first is regarding graduates who accept new qualifying roles in companies where they have a pre-existing employment history. In previous years, graduates who accepted a new qualifying job with a former or current employer were automatically opted out of Career Services. These students were reported as “Not job-seeking - Returned to the Previous Employer.” After careful consideration, we have determined that excluding graduates who accepted new qualifying technical roles with a former or current employer from this report was a disservice to our graduates’ accomplishments and did not reflect the valuable skills they acquired at Flatiron School. The second policy relates to students who were under 21 years of age at the time of graduation. In previous years, graduates who were under 21 years of age and accepted a qualifying job offer were reported as “Not job-seeking - Underage” because they are not eligible for the Money-Back Guarantee as outlined in our career services commitment. After careful consideration, we have determined that excluding graduates who were under 21 years of age at the time of graduation from this report was also a disservice to our graduates’ accomplishments and did not reflect the valuable skills they acquired at Flatiron School. Although these students were not eligible for the Money-Back Guarantee, they received a career-changing education at Flatiron School and 2020 Jobs Report | ii robust support from the Career Services team. This education and support enabled these students to advance into roles in their field of study. Ultimately, we believe that these adjustments to our reporting methodology more accurately reflect the effectiveness of our program and its impact on student professional development. 2020 Jobs Report | iii 0 To the Management Flatiron School 11 Broadway, 2nd Floor New York, NY 10004 INDEPENDENT ACCOUNTANTS’ REPORT We have examined management’s assertions that the accompanying Flatiron School 2020 Jobs Report (the Report) for the period from January 1, 2019 through December 31, 2019 is presented in accordance with the criteria set forth in the Management Statement Regarding Assertions Related to Flatiron School’s Program Results and Completions. Flatiron School’s management is responsible for its assertions. Our responsibility is to express an opinion on management’s assertions based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management’s assertions are fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about management’s assertions. The nature, timing, and extent of the procedures selected depends on our judgment, including an assessment of the risks of material misstatements of management’s assertions, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide reasonable basis for our opinion. In our opinion, management’s report referred to above is fairly stated, in all material respects, based on the criteria set forth in the Management Statement Regarding Assertions Related to Flatiron School’s Program Results and Completions. Moody, Famiglietti & Andronico, LLP Tewksbury, Massachusetts December 30, 2020 Moody, Famigilietti & Andronico, LLP | 1 Highwood Drive, Tewksbury, MA 01876 | (978) 557-5300 | www.themfacompanies.com Management statement regarding assertions related to Flatiron School’s program results and completions We, as management of Flatiron School (the “School”), are responsible for the assertions made in preparing the Flatiron School 2020 Jobs Report (the “Report”) for students who were scheduled to complete or graduated from an On-Campus or Online program between January 1, 2019 and December 31, 2019. Management’s assertions are included within the results of the Report and are based on the criteria as defined. The Report is intended to provide readers with information about aggregate historical employment statistics and metrics1 for students who were scheduled to complete or graduated from an On-Campus or Online program between January 1, 2019 and December 31, 2019. We confirm, to the best of our knowledge and belief, the following assertions: Addressable Population 1. The addressable population2 in this report is a total of 2,262 students across our On-Campus (1,736) and Online (526) programs. The 1,736 On-Campus student population includes 1,541 graduates and 195 students who were scheduled to graduate in 2019 but did not graduate from the On-Campus program. In addition, there were 18 students who transferred from the On-Campus program to the Online program and graduated by December 31, 2019. In total there were 1,754 students who were scheduled to complete an On-Campus program between January 1, 2019 and December 31, 2019. Results of the 18 students who ​transferred​ to the Online program are included in the Online graduate population accordingly. The 526 Online student population includes 401 graduates and 125 students who were scheduled to graduate from an Online Full-Time or Part-Time structured program in 2019 but did not graduate from the Online program. In addition, there were 4 students who transferred from the Online program to the On-Campus program and graduated by December 31, 2019. In total there were 530 students who were scheduled to complete an Online program between January 1, 2019 and December 31, 2019. Results of the 4 students who ​transferred​ to the On-Campus program are included in the On-Campus graduate population accordingly. 2. Women represent 32% (713) of students in this Report. Men represent 63% (1,424) of students in this Report. 1% of students (16) identified as Gender Nonconforming, Transgender, Non-Binary, or Other. 5% (109) of students either preferred not to answer or no data was collected3. 3. Of 2,262 addressable students, their highest degrees earned prior to commencement of a Flatiron School program were as follows: 1 This report does not replace any state-required reporting using state-specific data. 2 Per management’s criteria, the addressable population is defined as all students who graduated or were scheduled to graduate in calendar year 2019 and excludes students who enrolled in our program via our Enterprise partnerships program 3 Percentages throughout this report may not total 100 due to rounding.

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