Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 286

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 286
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ing Periods. Unless otherwise determined by the Compensation Committee, each offering period under the ESPP will have a duration of six months
commencing on March 5 or September 5 and ending on September 4 or March 4 (subject to a maximum offering period of 27 months). The initial offering period under the ESPP will commence on a date to be specified by the Compensation
Committee following the completion of this offering.

Participation. Participation in the ESPP is voluntary. Eligible employees may elect to
participate in the ESPP by completing an enrollment form and submitting it at least ten business days prior to the beginning of an offering period, in accordance with the enrollment procedures established by the Compensation Committee, upon which
the employee authorizes payroll deductions from his or her paycheck on each payroll date during the offering period in an amount equal to at least 1% and at most 15% of such participant’s eligible compensation. Participants may decrease (but
not increase) their rate of payroll deductions during an offering period by submitting a new enrollment form which will take effect not more than 30 business days later. Participants may decrease or increase their rate of payroll deductions for
future offering periods by submitting a new enrollment form at least 10 business days before the start of the next offering period. The deduction rate selected for an offering period will remain in effect for subsequent offering periods unless the
participant (i) submits a new enrollment form authorizing a new rate of payroll deductions, (ii) withdraws from the ESPP, or (iii) terminates employment or otherwise becomes ineligible to participate in the ESPP.

Grant and Exercise of Options. Each participant will be granted, on the first trading day of each offering period (“grant date”), an option
to purchase, on the last trading day of the offering period (“purchase date”), a number of shares of our Class A common stock determined by dividing the participant’s accumulated payroll deductions by the applicable purchase
price. The purchase price for the option will equal the lesser of (i) 85% of the fair market value of a share on the grant date or (ii) 85% of the fair market value of a share on the purchase date. A participant’s option will be
exercised automatically on the purchase date to purchase the maximum number of shares, including fractional shares, of our Class A common stock that can be purchased with the amounts in the participant’s notional account. The maximum
number of shares of our Class A common stock that may be purchased