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IR

Notification Regarding Partial Amendments to the Article of Incorporation

Sansan, Inc. (the “Company”) announced today that, at the Board of Directors Meeting held on July 21, 2020., the Company has resolved to propose the following amendments to the Articles of Incorporation at the 13th Annual General Meeting of Shareholders (the “AGM”) to be held on August 26, 2020.

1. Reasons for the Proposal

Underpinned by the mission of “Turning encounters into innovation,” the Company develops services that help address various challenges encountered by companies and business professionals, centered on the “Sansan” B2B cloud-based business card management service and the “Eight” business card management app incorporating a social networking services framework. Moreover, the Company aims to augment functionality and content of the respective services by providing solutions that enlist technologies amassed by the Company thus far and holding private conferences, business events and other such activities.

The Company currently seeks to engage in agile and flexible business development with respect to the Company’s solution services and event-related initiatives, which the Company has thus far regarded as extensions to the existing services, and accordingly view them as areas of business necessary in terms of achieving the Company’s mission. As such, the Company is amending Article 2 (Purposes) of the current Articles of Incorporation, by listing additional business activities of the Company.

2. Details of the Proposed Amendments

The details of the proposed amendments are as follows:

(Amendments are underlined.)
Current Articles of Incorporation Proposed amendments
Article 1 (Text omitted)

Article 2 (Purposes)
The purpose of the Company shall be to engage in the following business activities:

  1. (1)Operations as a provider of application services using the internet
  2. (2)Operations involving information processing and data input services, and subcontracting operations thereof
  3. (3)Planning, design, development, maintenance, operation, and sales of information systems
  4. (4)Consulting operations related to corporate management, sales, and information systems
  5. (5)Employment placement business
  6. (6)Temporary staffing business and outsourcing operations
  7. (7)Operations involving services for providing information
  8. (Newly established)

    (Newly established)

  9. (8)Publishing, printing and advertising agency business
  10. (9)Leasing, rental, and sales of information and communications equipment, and office equipment
  11. (10)Planning, production and sales of copyrighted works including illustrations, music and videos
  12. (11)All businesses that are incidental to those mentioned in the preceding items
  13. Article 3 to Article 33 (Text omitted)

Article 1 (Unchanged)

Article 2 (Purposes)
The purpose of the Company shall be to engage in the following business activities:

  1. (1)Operations as a provider of application services using the internet
  2. (2)Operations involving information processing and data input services, and subcontracting operations thereof
  3. (3)Planning, design, development, maintenance, operation, and sales of information systems
  4. (4)Consulting operations related to corporate management, sales, and information systems
  5. (5)Employment placement business
  6. (6)Temporary staffing business and outsourcing operations
  7. (7)Operations involving services for providing information
  8. (8)Event planning and implementation, and business of providing services in relation thereof
  9. (9)Business of providing services to support digitization of business operations
  10. (10)Publishing, printing and advertising agency business
  11. (11)Leasing, rental, and sales of information and communications equipment, and office equipment
  12. (12)Planning, production and sales of copyrighted works including illustrations, music and videos
  13. (13)All businesses that are incidental to those mentioned in the preceding items
  14. Article 3 to Article 33 (Unchanged)

3. Schedule

AGM held to approve the amendments to the Articles of Incorporation: August 26, 2020 (Wednesday)
Effective date for the amendments to the Articles of Incorporation: August 26, 2020 (Wednesday)