It all ends on episode 2
You might have read something else in a lot of different places, but it's true. It has been confirmed by their former Last Season's lead designer. What we've been told on twitter is a lie, probably made by a resentful employee.
At least we're getting the best cliffhanger in all of the game's story, according to spoler reports. Clementine, you go, girl! Wait, what? Just kill me now.
Thank you for reading!