January 15, 2024
To whom it may concern:
Company nameSansan, Inc.

RepresentativeChikahiro Terada,
Representative Director & CEO(Code: 4443 TSE Prime Market)

Contact

Muneyuki Hashimoto,Director, Executive Officer, CFO

Tel+81-3-6758-0033

Notification Regarding (Planned) Changes in Major Shareholders and Largest Major
Shareholder, and Acquisition of the Company’s Shares by CNK, Inc.
Sansan, Inc. (“the Company”) hereby announces that, as of January 15, 2024, there will be changes inits major shareholders and to its largest major shareholder, as set out below.
The Company would also like to notify its receipt of a report in which CNK, Inc. stated its decision toacquire shares in the Company, as per the attachment.
This material is disclosed by the Company based on securities listing regulations. Based on a request
made by CNK, Inc. (the stock acquirer) to the Company (the company subject to this purchase action),
this also serves as a public announcement based on Article 30-1, Paragraph 4 of the Order for
Enforcement of the Financial Instruments and Exchange Act.
1. Background to Changes
On January 15, 2024, Mr. Chikahiro Terada, the Company’s Representative Director and largest major
shareholder, will sell a portion of his shareholding. This is due to the Company having received a reportto the effect that Mr. Chikahiro Terada plans to transfer his assets to CNK, Inc., his asset managementcompany.
This will result in a change in the Company’s major shareholders and to its largest major shareholder.
This acquisition of the Company’s shares by CNK, Inc. also constitutes a “buying up specified by Cabinet
Order as being equivalent to a tender offer” under Paragraph 1, Article 167 of the Order for Enforcementof the Financial Instruments and Exchange Act and Article 31 of the same Act.
2. Overviews of Major Shareholders to Be Changed(1) Overview of shareholder who will no longer be the largest major shareholder（1）NameChikahiro Terada（2）Address
Suginami-ku, Tokyo（3）Relationship to the Company
Representative Director of the Company(2) Overview of new major shareholder and the largest major shareholder（1）Name
CNK, Inc.
（2）Address
Midtown East 4F, 9-7-2, Akasaka Minato-ku, Tokyo（3）Representative’s title/name
Representative Director Chikahiro Terada（4）Description of businessHoldings/management of securities（5）Capital¥3 million

13. Number of Voting Rights (Number of Shares) Held by Relevant Shareholder and Its Ratio to the
Voting Rights Held by All Shareholders Before and After the Change(1) Chikahiro Terada
Number of voting rights
Ratio of voting
Ranking among(Number of shares held)
rights held
major shareholders
Before the change
345,304
27.49%First(As of November 30, 2023)(34,530,420 shares)
204,235
After the change
16.26%
Second(20,423,500 shares)(2) CNK, Inc.
Number of voting rights
Ratio of voting
Ranking among(Number of shares held)
rights held
major shareholders
Before the change
76,945
6.13%
Third(As of November 30, 2023)(7,694,580 shares)
218,015After the change
17.36%
First(21,801,500 shares)
Notes: 1. Total number of shares issued as of November 30, 2023: 125,639,668 shares
2. Number of shares without voting rights: 31,368 shares
3. The ratio of voting rights held is calculated based on the number of voting rights, whichstood at 1,256,083 as of November 30, 2023.
4. The ratio of voting rights held is rounded to the third decimal place.
5. The ranking among major shareholders before and after the change have been assumed
by the Company based on the shareholder register as of November 30, 2023.
4. Planned Date of Change
January 15, 2024
5. Future Outlook
These changes will have no impact on the Company’s management structure or business results.

2

(Attachment)

Company name
Representative
Inquiries

January 15, 2024
CNK, Inc.
Representative Director
Chikahiro Terada(TEL. 03-6419-3131)

Notification Regarding Stock Acquisition
CNK, Inc. (“the Company”) hereby announces its decision, dated January 15, 2024, toacquire Sansan, Inc. stock, as described below.
As this acquisition constitutes a “buying up specified by Cabinet Order as being
equivalent to a tender offer” under Paragraph 1, Article 167 of the Order for
Enforcement of the Financial Instruments and Exchange Act and Article 31 of the same
Act, the Company would like to provide notification as follows.
Details of acquisition-related matters
1. Stock code
2. Stock trading name
3. Purchase date (planned date)
4. Number of shares to be acquired
5. Percentage of voting rights of all shareholders

4443
Sansan, Inc.
January 15, 2024
14,106,920 shares
11.23%