Sansan, Inc. (the “Company”) announces today that at its Board of Directors’ meeting held on May 19, 2026, it resolved to revise its year-end dividend forecast for the fiscal year ending May 31, 2026. In addition, the Company resolved on matters regarding the share repurchase pursuant to the provisions of its Articles of Incorporation in accordance with Article 459, Paragraph 1, Item 1 of the Companies Act.

1. Revision of Dividend Forecast (Initial Dividend)

(1) Reason for Revision

The Company considers the appropriate return of profits to shareholders to be one of its important management policies, and its basic policy is to implement stable shareholder returns while considering the balance with internal reserves. Furthermore, in implementing shareholder returns, the Company refers to the distributable amount and comprehensively considers its financial condition, capacity for growth investment, market environment, stock price level, and other factors. For the time being, the Company intends to position the acquisition of treasury stock as the primary means of shareholder return while considering the optimal combination with dividends.

As announced on April 10, 2026, for the fiscal year ending May 31, 2026, both net sales and adjusted operating profit (operating profit + share-based payment expenses + expenses that arise from business combinations) have been progressing steadily. Furthermore, in its financial policy through the fiscal year ending May 31, 2027, the Company has upwardly revised its policy for the adjusted operating profit margin for the fiscal year ending May 31, 2027, to 20% to 23%.

As a result of achieving stable and continuous business growth to date, the Company is now in a phase where profit growth is structurally accelerating. Based on these circumstances, as a return of profits to shareholders, the Company has determined that it is fully capable of stable business operations and execution of growth investments in the future even after implementing the acquisition of treasury stock described below, and has decided to pay a dividend for the first time.

Going forward, with a view to maximizing shareholder value over the medium to long term, the Company aims to increase the amount of shareholder returns in line with profit growth under its policy of implementing stable shareholder returns.

(2) Details of Revision

2. Share Repurchases

(1) Reason for Share Repurchases

Currently, the Sansan Group views the evolution of technology, including generative AI, as a major business opportunity, and is working to increase the added value of existing businesses and create new value through the development of new functions and other initiatives. Through these initiatives, the Company believes it can achieve sustainable growth and enhance corporate value over the medium to long term.
On the other hand, in light of the potential for such business growth and the medium- to long-term corporate value the Company aims for, it has determined that the current stock price level does not sufficiently reflect the value of the Group.
Against this backdrop, the Company has comprehensively considered its financial position and capacity for future growth investment, and has decided to acquire its own shares to enhance shareholder returns based on the basic policy for shareholder returns described in “1. Revision of Dividend Forecast (Initial Dividend) (1) Reason for Revision,” and as part of a flexible capital policy aimed at improving capital efficiency.

(2) Details of Share Repurchases

(Reference) Treasury stock held as of February 28, 2026