Company: NAVN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001628279-25-000383
Chunk: 328

Company: Navan, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 328
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 forma results of operations have not been presented because the effect of the acquisition was not material to the consolidated statements of operations.

#### NOTE 7 – GOODWILL AND OTHER INTANGIBLE ASSETS

#### Goodwill
The goodwill balances as of January 31, 2025 and 2024, and the changes in fiscal 2025 and 2024 are as follows (in thousands):

|                                     |     | Carrying Amount |         |
|:------------------------------------|:----|:----------------|--------:|
| Balance as of January 31, 2023      |     | $               | 209,305 |
| Goodwill arising from acquisitions  |     |                 |   6,288 |
| Foreign currency translation impact |     |                 |   4,948 |
| Balance as of January 31, 2024      |     | $               | 220,541 |
| Goodwill arising from acquisitions  |     |                 |   4,006 |
| Foreign currency translation impact |     |                 |  -4,819 |
| Balance as of January 31, 2025      |     | $               | 219,728 |

There were no impairments of goodwill recognized during the years ended January 31, 2025 and 2024.

<div align='center'>F-25</div>

#### Intangible Assets
Intangible assets consisted of the following (in thousands, except years data):

|                         |     |                  As of January 31, 2025 |     |                       |        |     |                          |         |     |            |        |
|:------------------------|:----|----------------------------------------:|:----|:----------------------|-------:|:----|:-------------------------|--------:|:----|:-----------|-------:|
|                         |     | Weighted-Average Remaining Life (Years) |     | Gross Carrying Amount |        |     | Accumulated Amortization |         |     | Net Amount |        |
| Trade names             |     |                                    15.2 |     | $                     | 43,579 |     | $                        |  -8,601 |     | $          | 34,978 |
| Customer relationships  |     |                                     8.6 |     |                       | 27,989 |     |                          |  -7,921 |     |            | 20,068 |
| Developed technology    |     |                                     0.3 |