and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

CFO — Aziz Megji: The filing discloses that the CFO is adding the Principal Accounting Officer title to his existing role, which is a routine administrative expansion of duties rather than a departure or new hire.

Chief Accounting Officer and Principal Accounting Officer — Veronica Sosa: Ms. Sosa resigned from her role as Chief Accounting Officer and Principal Accounting Officer.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Director — Mr. Matt Cohler, Mr. Adam D’Angelo, Ms. Lorrie Norrington: Three directors are departing as part of an orderly process of Board refreshment.

The filing describes the adoption of an Incentive Bonus Plan, which is not a management change event.

Other Events. Increase to Stock Repurchase Program On February 27, 2026, the Board of Directors of the Company (the “Board”) approved an increase to the Company’s previously announced share repurchase program, authorizing the repurchase of up to an additional $160.0 million of the Company’s Class A common stock (the “Stock Repurchase Program”). As of January 31, 2026, approximately $39.4 million remained available for future stock repurchases under the Stock Repurchase Program, and, after the…

Chief Financial Officer — Sonalee Parekh: Ms. Sonalee Parekh resigned as Chief Financial Officer, and Mr. Aziz Megji was appointed to the role.

Chief Financial Officer — Sonalee Parekh: Ms. Sonalee Parekh resigned as Chief Financial Officer, and Mr. Aziz Megji was appointed to the role.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

COO, General Counsel and Corporate Secretary — Anne Raimondi, Eleanor Lacey: Two senior executives are resigning from their roles and transitioning to advisory positions.

Results of Operations and Financial Condition. On December 2, 2025, Asana, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended October 31, 2025 and updated guidance for the fourth quarter and full fiscal year 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information furnished under this

Material Impairments. On September 5, 2025, Asana, Inc. (the “Company”) subleased approximately 55,513 of the total 265,890 square feet of the Company's leased headquarters office space in San Francisco, California (the “Sublease”). The Sublease term is expected to begin in October 2025 and continue through September 2029. On September 5, 2025, the Company's management concluded that the Sublease will result in impairment expenses of approximately $29 million to $32 million in the period endi…

Results of Operations and Financial Condition. On September 3, 2025, Asana, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended July 31, 2025 and updated guidance for the third quarter and full fiscal year 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information furnished under this

Chief Executive Officer — Daniel Rogers: Mr. Daniel Rogers was appointed as the new Chief Executive Officer of Asana, Inc.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Other Events. On May 30, 2025, the Board of Directors of the Company (the “Board”) approved (i) an increase to the Company’s previously announced share repurchase program, authorizing the repurchase of up to an additional $100.0 million of the Company’s Class A common stock (the “Stock Repurchase Program”) and (ii) the removal of the expiration date of the Stock Repurchase Program. As of April 30, 2025, approximately $56.0 million remained available for future stock repurchases under the Stoc…

Director — Marc Boroditsky: Appointment of Marc Boroditsky as a Class I director and member of the Compensation Committee.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

CEO — Mr. Moskovitz: Mr. Moskovitz is transitioning from CEO to Chair of the Board, indicating a significant leadership change.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Other Events. On September 3, 2024, Dustin Moskovitz, President, Chief Executive Officer, and Chair of the Board of Directors of the Company, announced an intention to enter into a trading plan no earlier than the close of trading on the New York Stock Exchange on September 5, 2024 for the purchase up to 13,500,000 shares of the Company’s Class A common stock, which trading plan is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the “Trading Plan”). The earliest the Trading Pla…

Chief Financial Officer — Tim Wan: Mr. Tim Wan resigned as Chief Financial Officer, and Ms. Sonalee Parekh was appointed as the new Chief Financial Officer.

Other Events. On June 20, 2024, the Company issued a press release announcing that its Board of Directors has authorized a stock repurchase program for up to $150 million of its Class A common stock. Stock repurchases under the stock repurchase program may be made from time to time through, including without limitation, open market purchases or through privately negotiated transactions and/or structured repurchase agreements with third parties, block purchases or derivative contracts, and/or…