Company: ASAN
Filing Date: 2025-04-17
Form Type: 8-K
Source: 0001477720-25-000070
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Company: Asana, Inc.
Filing Date: 2025-04-17
Form: 8-K
Item: Item 5.02
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Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Director

On April 16, 2025 the Board of Directors (the “ Board”) of Asana, Inc. (the “ Company”) appointed Marc Boroditsky to serve on the Board as a Class I director, effective as of April 16, 2025, until the Company’s 2027 Annual Meeting of Stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation or removal. Effective as of the time of Mr. Boroditsky’s appointment, the Board increased the size of the Board to nine members. Mr. Boroditsky has also been appointed to serve as a member of the Compensation Committee of the Board.

Mr. Boroditsky will be compensated for his services as a member of the Board and the Compensation Committee under the terms of the Company’s Non-Employee Director Compensation Policy.

The Company will enter into the Company’s standard form of indemnification agreement with Mr. Boroditsky in connection with his appointment to the Board.

There are no arrangements or understandings between Mr. Boroditsky and any other persons pursuant to which he was elected as a director of the Company. There are no family relationships between Mr. Boroditsky and any other director or executive officer of the Company and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated by the SEC.

The press release announcing Mr. Boroditsky’s appointment to the Board is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.