Business Description

Afficient Academy of America, Inc is a Delaware'corporation formed on November 22, 2016 We do business under our corporate name and variations of that name Our principal business address is 1054 S De Anza Blvd, Suite 201, San Jose, California Our authorized agent for service of process is listed in Exhibit D

Prior Experience

As a franchise corporation, we have not directly operated an Afficient Academy Learning Center Since July 2015, our affiliate AA-SV has operated (and continues to operate) a business similar to the type of franchise we offer AA-SV's business was used as the prototype for developing the franchises we currently offer See Item 2 below for details on the individuals who operate our AA-SV Neither Afficient Academy nor AA-SV have ever offered franchises before in this or any other lines of business

Business Offered

We grant franchises (referred to in this Disclosure Document as an "Afficient Academy Learning Center") for the right to establish and operate a children's Learning Center under our proprietary Afficient Academy Mark In operating your franchise, you must follow our standards, specifications and operating procedures We are engaged in no other business A franchise for the operation of an Afficient Academy Learning Center within a defined territory is granted under the terms of our standard form Franchise Agreement found following Item 23 of this Disclosure Document

Initial Fees

We charge $1,000 as an Initial Franchise Fee This is payable in a lump sum at the time you sign the Franchise Agreement and is non-reftindable unless you are unable to open your Learning Center for reasons that we determine are beyond your control We also charge $500 per person for initial training You are required to have all operators and managers of your Learning Center attend training Training fees are non-refundable unless you cancel training more than 72 hours before training is scheduled to begin

Financing

We do not offer, direct or indirect financing arrangements We do not guarantee notes, leases or any other obligations you may incur We do not receive any payments for placing or referring Franchisees to lending sources for financing

Franchisee Revenue and Profit

The FTC's Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document Financial performance information that differs from that included in Item 19 may be given only if (1) a franchisor provides the actual records of an existing outlet you are considering buying, or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets We also do not authorize our employees or representatives to make any such representations either orally or in writing If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting our Vice President of Operations at 1054 S De Anza Blvd, Suite 201, San Jose, CA 95129 and (408) 642-1012, the Federal Trade Commission, and the appropriate state regulatory agencies