X0206 3 2020-09-21 0 0001477720 Asana, Inc. ASAN 0001616081 Founders Fund IV Management, LLC ONE LETTERMAN DRIVE BUILDING D, 5TH FLOOR SAN FRANCISCO CA 94129 0 0 1 0 Series B Preferred Stock Existing Class B Common Stock 6289855 I By Partnership Series B Preferred Stock Existing Class B Common Stock 2019069 I By Partnership Series C Preferred Stock Existing Class B Common Stock 177448 I By Partnership Series C Preferred Stock Existing Class B Common Stock 56961 I By Partnership Series D Preferred Stock Existing Class B Common Stock 36217 I By Partnership Series D Preferred Stock Existing Class B Common Stock 11626 I By Partnership Series E Preferred Stock Existing Class B Common Stock 92470 I By Partnership Series E Preferred Stock Existing Class B Common Stock 29683 I By Partnership The Series B Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series B Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer. Each share of the Issuer's existing Class B Common Stock ("Existing Class B Common Stock") is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Each share of Existing Class B Common Stock is entitled to 100 votes per share. Upon filing of the Issuer's Restated Certificate of Incorporation (the "Restated Charter") in connection with the Issuer's direct listing, each share of Existing Class B Common Stock will be reclassified into one share of the Issuer's Class B Common Stock, each of which is entitled to 10 votes per share. These shares are held of record by The Founders Fund IV, LP ("FFIV"). The Founders Fund IV Management, LLC ("FFIVM") is the general partner of FFIV. FFIVM disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest therein. These shares are held of record by The Founders Fund IV Principals Fund, LP ("FFIVP"). FFIVM is the general partner of FFIVP. FFIVM disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest therein. The Series C Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series C Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer. The Series D Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series D Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer. The Series E Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series E Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer. /s/ Brian Singerman, Managing Member 2020-09-21