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Notification regarding Borrowing of Funds

Sansan, Inc. (the “Company”) hereby announces that the Company has resolved to borrow funds at the Board of Directors Meeting held on November 19, 2019 as described below.

1. Reason for the Borrowing

The funds will be allocated for share acquisition costs with the capital and business alliance agreement with WingArc1st Inc.
Regarding the capital and business alliance, please refer to the “Notification regarding Capital and Business Alliance with WingArc1st Inc.” disclosed on November 1, 2019.

2. Details for the Borrowing

(1) Lender Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd.
(2) Loan Amount 5 billion yen
(3) Interest Rate Variable rate
(4) Drawdown Date Late November 2019
(5) Repayment Method Equal principal repayment
(6) Final Repayment Date Between October – December 2024
(7) Security and Guarantee Unsecured and unguaranteed

3. Outlook

This borrowing of funds will not have a significant impact to Company’s consolidated financial results for this fiscal year.