Company: NAVN
Filing Date: 2025-09-19
Form Type: S-1
Source: 0001628280-25-042130
Chunk: 395

Company: Navan, Inc.
Filing Date: 2025-09-19
Form: S-1
Chunk 395
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|------------:|:----|------------:|:----|:-----------------|
|                                  |                                      Total |     | Less than 1Year |     | 1 - 3 Years |     | 3 - 5 Years |     | More than 5Years |
| Purchase obligations............ |                                    $40,811 |     |         $17,656 |     |     $19,055 |     |      $4,100 |     | $—               |

Litigation In the ordinary course of business, the Company may be subject from time to time to various litigation and administrative proceedings, disputes or claims. In the event that the Company becomes a party to litigation in the future, the Company will record a liability when a loss is considered probable and the amount can be reasonably estimated. For legal proceedings for which there is a reasonable possibility of loss (meaning those losses for which the likelihood is more than remote but less than probable), the Company has determined it does not have material exposure on an aggregate basis. As of July 31, 2025 , the Company is not subject to any currently pending legal matters or claims that could have a material adverse effect on its financial position, results of operations, or cash flows should such litigation be resolved unfavorably. Repayment of Government Grants During the years ended January 31, 2022 and 2021 , the Company received $6.0 million in grants from the Dutch government under the NOW Scheme. The Company’s application for relief under the NOW Scheme is currently under review. If the Dutch government concludes that the Company does not qualify under the conditions stipulated for the government grants, the Company may have to repay the Dutch government for grants provided. We recognized the $6.0 million in grants received as a liability in the period received.

F-77 NAVAN, INC. AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements (unaudited)

During the year ended January 31, 2023 , the Company received a tentative payment schedule from the Dutch government. The NOW Scheme liability balances as of July 31, 2025 and January 31, 2025, and the changes during the six months ended July 31, 2025 are as follows (in thousands):

|                                                                                                                                               | CarryingAmount |
| Balance as of January 31, 2025......................................................................................................          |         $4,315 |
| Repayments................................................................................................................................... |              — |
| Foreign currency translation impact...........................................................................................                |