• 5-year SaaS agreement with OpenLearning for minimum 10,000 students per year
• Minimum contracted SaaS fees of US$20,000 (A$31,000) per year
• Total minimum contract value of US$100,000 over 5 years
• Discussions to progress with other Paulinian institutions

OpenLearning Limited (ASX: OLL) has announced that St. Paul University Philippines (SPUP), a leading private university in the Catholic university network in the Philippines, has signed a new 5-year platform licence agreement with OpenLearning. SPUP was founded in 1907 and became the first institution to receive university status in the Cagayan Valley region in 1982. It is a member of the Paulinian Institutions with locations across the Philippines. The agreement is for a usage-based Software-as-a-Service (SaaS) arrangement, with a minimum of 10,000 students per year. The minimum contracted SaaS fees are US$20,000 (A$31,000) per year, with a total minimum contract value of US$100,000 over the 5-year term. Discussions will now progress with other Paulinian institutions to further expand OpenLearning's presence in the Philippines. OpenLearning CEO Adam Brimo commented that the company looks forward to enabling St. Paul University Philippines to increase access and engagement amongst their students by leveraging OpenLearning's AI-powered LMS, as part of OpenLearning's strategic growth in the region.

The minimum contracted SaaS fees are US$20,000 (A$31,000) per year, with a total minimum contract value of US$100,000 over the 5-year term.

OpenLearning is committed to driving sustained success in the Philippines, and this partnership continues the company's strategic growth in the region.