X0306 4 2017-11-08 1 0001055454 SCHOOL SPECIALTY INC SCOO 0001491072 Anson Funds Management LP 5950 BERKSHIRE LANE SUITE 210 DALLAS TX 75225 0 0 1 0 0001581079 Anson Advisors Inc. 155 UNIVERSITY AVE. SUITE 207 TORONTO A6 M5H 3B7 ONTARIO, CANADA 0 0 1 0 0001585166 Spears Adam 155 UNIVERSITY AVE. SUITE 207 TORONTO A6 M5H 3B7 ONTARIO, CANADA 0 0 1 0 0001585167 Kassam Moez 155 UNIVERSITY AVE. SUITE 207 TORONTO A6 M5H 3B7 ONTARIO, CANADA 0 0 1 0 0001491073 Anson Management GP LLC 5950 BERKSHIRE LANE SUITE 210 DALLAS TX 75225 0 0 1 0 0001491069 Winson Bruce Ross 5950 BERKSHIRE LANE SUITE 210 DALLAS TX 75225 0 0 1 0 Common Stock, $0.001 par value 2017-11-08 4 S 0 800000 16.55 D 493215 I See Footnote The filing of this Form 4 shall not be construed as an admission that Anson Funds Management LP ("Anson"), Anson Management GP LLC, the general partner of Anson ("Anson GP"), Bruce R. Winson, the manager of Anson GP, Anson Advisors Inc. ("Anson Advisors"), Adam Spears, a director of Anson Advisors, or Moez Kassam, a director of Anson Advisors, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock, $0.001 par value (the "Common Stock"), of School Specialty, Inc. (the "Issuer") purchased by private investment funds advised by Anson and Anson Advisors (the "Funds"). Pursuant to Rule 16a-1, all of Anson, Anson GP, Mr. Winson, Anson Advisors, Mr. Spears and Mr. Kassam disclaim such beneficial ownership. Anson and Anson Advisors hold indirectly 493,215 shares of Common Stock of the Issuer through the Funds, for which Anson and Anson Advisors are the Investment Advisors. Anson GP and Bruce R. Winson report the Common Stock held indirectly by the Funds because, as the general partner of Anson and the manager of Anson GP, respectively, at the time of purchase, they controlled the disposition and voting of the securities. Mr. Spears and Mr. Kassam report the Common Stock held indirectly by the Funds because, as the directors of Anson Advisors, at the time of purchase, they controlled the disposition and voting of the securities. /s/ Bruce R. Winson, manager of Anson Management GP LLC, general partner of Anson Funds Management LP 2017-11-09 /s/ Bruce R. Winson, manager of Anson Management GP LLC 2017-11-09 /s/ Bruce R. Winson 2017-11-09 /s/ Adam Spears, director of Anson Advisors Inc. 2017-11-09 /s/ Adam Spears 2017-11-09 /s/ Moez Kassam 2017-11-09