Company: NAVN
Filing Date: 2025-07-28
Form Type: DRS/A
Source: 0001628279-25-000476
Chunk: 356

Company: Navan, Inc.
Filing Date: 2025-07-28
Form: DRS/A
Chunk 356
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 January 31, 2023, the NOW Scheme liability had a foreign currency translation impact of $0.2 million, leading to a decrease of the liability from $6.0 million to $5.8 million.

As of January 31, 2025, the Company’s application for relief is still under review with the governmental authorities.

<div align='center'>F-41</div>

#### NOTE 14 – EMPLOYEE BENEFIT PLAN
The Company sponsors a 401(k) defined contribution retirement plan (the “401(k) Plan”) covering certain U.S. employees. Participants may contribute a portion of their compensation to the Plan, subject to limitations under the Internal Revenue Code. During the year ended January 31, 2024, the Company paused 401(k) Plan matching contributions for employees. The Company also maintains certain other defined contribution plans outside of the United States for which it provides contributions for participating employees in the regions in which matching contributions is applicable. The Company’s contributions for all defined contribution retirement plans were $6.1 million and $7.4 million for the years ended January 31, 2025 and 2024, respectively.

#### NOTE 15 – NET LOSS PER SHARE
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

|                                                                                                                               |     | Year Ended January 31, |        2025 |     |   |        2024 |
|:------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------------|------------:|:----|:--|------------:|
| Net loss                                                                                                                      |     | $                      |    -181,078 |     | $ |    -331,552 |
| Weighted-average shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted |     |                        | 135,818,454 |     |   | 133,754,772 |
| Net loss per share attributable to common stockholders, basic and diluted                                                     |     | $                      |       -1.33 |     | $ |       -2.48 |

During the years ended January 31, 2025 and 2024, the Company was in a net loss position. As a result, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been antidilutive. The potential shares of common stock that were excluded from