Ownership

National American University is a division of Dlorah, Inc. organized under the laws of the state of South Dakota. On November 23, 2009 Dlorah, Inc. was acquired by and became a wholly owned subsidiary of National American University Holdings, Inc., incorporated in the state of Delaware. National American University Holdings, Inc. is a publicly traded company with its principle office located at 5301 S. Highway 16, Suite 200, Rapid City, SD 57701.

National American University Holdings, Inc.

Board of Directors

Mr. Robert D. Buckingham - Chairman

Mr. Jeff Berzina - Member

Dr. Therese K. Crane - Member

Dr. Jerry L. Gallentine - Member

Mr. Richard L. Halbert - Member

Dr. Thomas D. Saban - Member

Mr. David L. Warnock - Member

National American University Holdings, Inc.

Officers

Dr. Ronald L. Shape - CEO

Dr. Jerry L. Gallentine - President

Dr. Samuel D. Kerr - Provost, General Counsel & Secretary

Ms. Venessa D. Green - CFO