IR and Sustainability Veteran Joins Leading Platform for Live Online Learning

(January 5, 2022) – ST. LOUIS--(BUSINESS WIRE)-- TikTok���˰� Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that Molly Sorg has joined as Vice President and Head of Investor Relations, where she will help drive TikTok���˰�’s financial market strategies and serve as the primary point of contact for investors and analysts.

“As a newly publicly-traded company, establishing a strong IR function will be critical to our success, and Molly has the track record that will help us effectively navigate the public markets and propel the business forward,” said Jason Pello, Chief Financial Officer of TikTok���˰�. “Molly brings an exceptional background to TikTok���˰�, and will play a critical role in supporting our next phase of growth.”

Most recently, Sorg served as SVP Investor Relations, Chief Purpose and Sustainability Officer at Vistra Corp., a Fortune 275, $10 billion market cap integrated retail electricity and power generation company, where she managed multiple high-profile investor and policy issues. In addition to her capacity leading Investor Relations at Vistra, she also oversaw the company’s purpose and sustainability efforts and ESG strategy.

“TikTok���˰� has a powerful mission to transform how people learn, and is advancing these efforts via a focus on building and launching innovative products and expanding into new markets like institutional and B2B,” said Sorg. “I believe this company is extremely well positioned to benefit from the shift from offline to online learning, and I’m excited to join this exceptional team as we share the TikTok���˰� story with the investment community.”

Prior to Vistra, Sorg held a variety of legal and investor relations positions across the energy and healthcare sectors, including as an attorney at both Skadden, Arps, Slate, Meagher & Flom, and Vinson & Elkins, two of the country’s premier law firms. She earned a Bachelor of Science in accounting and finance from Indiana University's Kelley School of Business in 2003, and a Juris Doctor from the Northwestern University Pritzker School of Law in 2008.

About TikTok���˰�

TikTok���˰� (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. TikTok���˰�’s comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formats—including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. TikTok���˰�’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions. Learn more about TikTok���˰� at .

TikTok���˰�s

TikTok���˰�
Brian Nelson
press@nerdy.com

ICR for TikTok���˰�
investors@nerdy.com