Postmaster General and CEO Louis DeJoy’s Remarks During Nov. 14, 2023, Postal Service Board of Governors Meeting

FY23 fourth quarter service performance scores covering July 1 through August 18, included: *First-Class Mail: 91.4 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 1.2 percentage points from the fiscal third quarter. *Marketing Mail: 95.2 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 86.1 percent of Periodicals delivered on time against the USPS service standard, a decrease of 2.8 percentage points from the fiscal third quarter.

Gannett Co., Inc. announced that it is seeking to opportunistically refinance its existing term loan under its senior secured credit facilities. The Company intends to issue senior secured notes to refinance a portion of the term loan and refinance the remainder of the existing term loan with a new senior secured term loan. The proposed refinancing transactions are subject to market and other conditions, and the Company can give no assurances that it will complete any such transactions, in whole or in part, or as to the amount or timing of any such transactions. The new senior secured term loan would be in a principal amount up to $550 million (the “Credit Agreement”). Gannett Holdings LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company, would be the borrower under the Credit Agreement (the “Borrower”), and lenders are anticipated to include funds managed by affiliates of Apollo Capital Management L.P. Upon closing, the net proceeds of the loans will be used to refinance a portion of the Company’s existing term loan.

Savvas Learning Company, a next-generation K-12 learning solutions leader, announced today that it is partnering with Brainingcamp to provide easy-to-use digital manipulatives that make math learning even more visual and interactive, enabling students to build deep understanding of mathematical concepts. Savvas will offer Brainingcamp’s high-quality, digital math manipulatives with its newest K-8 math programs: the award-winning enVision Mathematics © 2024 and the brand-new, student-centered Experience Math © 2025. Manipulatives, traditionally physical objects used in classrooms, provide an active, hands-on approach to learning that have been proven to help promote students’ engagement and increase their conceptual understanding of math. Complementing physical manipulatives, digital manipulatives make use of expanding technology in classrooms, allowing students to explore concepts more deeply through additional functionality and animation as well as more readily collaborate through screen sharing, onscreen writing, and text tools.