Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08

BOSTON--(BUSINESS WIRE)--Skillsoft (NYSE: SKIL) (“Skillsoft” or the “Company”), the leading AI-native skills management platform built for the human + AI era, today announced that on February 18, 2026, the Talent and Compensation Committee of Skillsoft’s Board of Directors (the “Committee”) made a grant of 95,000 restricted stock units (“RSUs”) of the Company’s Class A common stock to Bernard Barbour. The grant of RSUs was offered as a material inducement to Mr. Barbour’s hiring as Chief Technology and Product Officer on December 8, 2025, and was made under Skillsoft’s 2024 Employment Inducement Incentive Award Plan, as amended. Half (50%) of such RSUs vest ratably over four years; and the remaining 50% represent a target amount granted, from 0% up to 175% of which vest on January 1, 2029 based on the achievement of specified annual revenue growth targets established by the Board of Directors and certified by the Committee, in each case, subject to Mr. Barbour’s continued employment with the Company through the applicable vesting date.

The awards were granted in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards. The Company is issuing this press release pursuant to Rule 303A.08.

About Skillsoft
Skillsoft (NYSE: SKIL) is a global leader in AI-native skills management for the human + AI era. By unifying learning, real-time skills intelligence, and workforce insights, Skillsoft helps enterprises build their Skillforce™ — humans and AI working together to drive measurable business outcomes. Through personalized, interactive learning across leadership, technology, and compliance, Skillsoft enables organizations to close critical skill gaps and accelerate transformation. Skillsoft is trusted by thousands of organizations worldwide, including 60% of the Fortune 1000, and supports a global community of more than 105 million learners. Learn more at skillsoft.com.