October 8, 2021
To whom it may concern:
Company nameSansan, Inc.

Representative

Chikahiro Terada,
Representative Director & CEO(Code: 4443 TSE 1st Section)

Contact

Muneyuki Hashimoto,Director, Executive Officer, CFO

Tel+81-3-6758-0033

Notification Regarding Stock Split and Partial Amendment to the Articles of Incorporation
Sansan Inc. (the “Company”) announces today that the Company has resolved at the Board of Directors
Meeting held on October 8, 2021, to implement a stock split and partially amend the Articles ofIncorporation.
1. Purpose of the Stock Split
The purpose of the stock split is to improve the liquidity of the Company's stock and expand its investor
base by reducing the stock price per investment unit.
2. Summary of the Stock Split(1) Method of the stock split
Each share of common stock owned by shareholders listed or recorded in the closing register ofshareholders on the record date of Tuesday, November 30, 2021 will be split into four shares.
(2) Number of shares to be increased by the stock split
1. Total number of issued shares prior to the stock split:

31,195,831 shares

2. Number of shares to be increased by the stock split:

93,587,493 shares

3. Total number of issued shares following the stock split:

124,783,324 shares

4. Total number of authorized shares following the stock split:
470,800,000 shares(Note) The total number of issued shares and the number of shares to be increased above are based on
the total number of shares issued as of September 30, 2021, and may increase due to the exerciseof stock acquisition rights before the record date for the stock split.
(3) Schedule of the stock split
1. Public notice of record date:

Tuesday, November 16, 2021

2. Record date:

Tuesday, November 30, 2021

3. Effective date:

Wednesday, December 1, 2021

(4) OtherThe amount of stated capital will not change as a result of this stock split.
3. Summary of Partial Amendment to the Articles of Incorporation(1) Reason for the amendment
In conjunction with this stock split, pursuant to Article 184, Paragraph 2 of the Companies Act, the Company
will amend Article 6 (Total Number of Authorized Shares) of its Articles of Incorporation, effective
Wednesday, December 1, 2021.
(2) Details of the amendment
The detail of the proposed amendment is as follows:(Amendment is underlined.)1

Current Articles of Incorporation

Articles of Incorporation After Amendment

Article 6 (Total Number of Authorized Shares)

Article 6 (Total Number of Authorized Shares)

The total number of shares authorized to be issued

The total number of shares authorized to be issued

by the Company shall be 117,700,000 shares.

by the Company shall be 470,800,000 shares.

(3) Schedule of the amendment
Effective date:
Wednesday, December 1, 2021
4. Other
Following the above stock split, the exercise price per share of the stock acquisition rights issued by theCompany will be adjusted as follows effective Wednesday, December 1, 2021.
Stock Acquisition Rights
Exercise Price
Exercise Price（Issuance date）

Before Adjustment

Series 2 Stock Acquisition Rights(Jun 14, 2018)
Series 3 Stock Acquisition Rights(January 9, 2019)
Series 4 Stock Acquisition Rights(January 9, 2019)
Series 5 Stock Acquisition Rights(July 14, 2020)
Series 6 Stock Acquisition Rights(July 14, 2021)

2

After Adjustment

1,760 yen

440 yen3,400 yen

850 yen3,400 yen

850 yen5,350 yen

1,338 yen

8,370 yen

2,093 yen