Episode adapted Chapter 297 and the rest of chapter 298. As they did part of it in the last episode.
Interesting that they're making it seem like the Near High-Ends aren't bullet proof like in the manga, and instead are protected by a barrier. Despite the anime showing Lower Tier Nomu being bullet proof in Season 3. Guess they're using a much higher caliber.
The cameras in Tartarus don't shown Kurogiri, obviously because he's not really there. The scene in the manga was without a doubt just a red herring. Smarter readers did notice that it was strange how AFO didn't have Kurogiri and quickly figured out he wasn't really there. Though some people were still confused.
Also they showed a small snippet of Stain that comes from Chapter 328, which I find interesting. I don't know if that means we'll get to Chapter 328.
Next episode seems to be Chapter 299 to Chapter 300.
This is a slower pace of two chapters per episode. This pace has to speed up, since that'd end in Chapter 318. And we know we're at least getting Class 1-A bringing Izuku back. It's possible, but maybe the season could end in chapter 322 with Bakugo's apology? Though I think chapter 325 is also likely.
The reason I think chapter 325 is because the ending shows the star head guy from the first chapter/episode again, making me think we'll get his speech as well. It wasn't like the shot was from when he told Izuku he was rooting for him either, it was just a shot of him being part of the "audience" watching the "performance".
Also we got an anime render for Lady Nagant, and we saw her for the first time. Thankfully the anime's cards make it clear to everyone that the armless guy was Chisaki. Since I noticed some people were confused on if that was Chisaki when the chapter came out.