Company: NAVN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001628279-25-000383
Chunk: 210

Company: Navan, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 210
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 now serves as our Chief Financial Officer, did not receive any compensation for their service as directors for fiscal 2025. All compensation paid to Messrs. Cohen and Twig is set forth above in the section titled “Executive Compensation—Summary Compensation Table.”

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Other than as disclosed in the table below, we did not pay any fees to, make any equity awards or non-equity incentive awards to, or pay any other compensation to the non-employee directors of our board of directors in fiscal 2025:

| Name            |     | Stock Awards ($)(1) |   |     | Option Awards ($)(2) |        |     | Total ($) |        |
| Ben Horowitz    |     |                     | — |     |                      |      — |     |           |      — |
| Arif Janmohamed |     |                     | — |     |                      |      — |     |           |      — |
| Clara Liang     |     |                     | — |     |                      | 59,661 |     |           | 59,661 |
| Michael Kourey  |     |                     | — |     |                      |      — |     |           |      — |
| Sandesh Patnam  |     |                     | — |     |                      |      — |     |           |      — |
| Oren Zeev       |     |                     | — |     |                      |      — |     |           |      — |

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(1) On October 16, 2024, Mr. Kourey was granted a RSU award under our 2015 Plan subject to a performance-based vesting condition and time- and service-based vesting conditions. As of the applicable grant date and January 31, 2025, we had not recognized stock-based compensation expense for this award because achievement of the performance-based vesting condition was not deemed probable as of any such date. As a result, no value is included in the table for this award. Assuming achievement of the performance-based vesting condition, the aggregate grant date fair value of the RSU award granted to Mr. Kourey was $4,897,522, computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation, or ASC 718. This amount does not necessarily correspond to the actual value that may be realized by Mr. Kourey. The assumptions used in calculating the grant date fair value of this RSU award