On July 1, 2019, the board of directors of Zovio Inc, upon the recommendation of the Nominating and Governance Committee of the Board, appointed John J. Kiely to the Board, effective as of July 1, 2019. Mr. Kiely will serve as a Class I director, with a term expiring at the annual meeting of stockholders to be held in 2022. Mr. Kiely will serve on the Audit Committee and Nominating and Governance Committee of the Board. In addition, the Board determined that Mr. Kiely qualifies as independent under the listing rules of The Nasdaq Stock Market LLC. John J. Kiely, age 60, has over 39 years of experience as an accountant and audit partner serving major corporate and private equity clients in the pharmaceutical, manufacturing, chemical and medical device sectors. From August 1980 through June 2019, he worked at Price Waterhouse Coopers, with 28 years as an Audit Partner.