Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 187

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 187
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:----|:----------|-------:|:--|:----|:-------------|-----:|:--|
| +200 bps                                                   |     | $         |  1,235 |   |     | $            |  631 |   |
| +100 bps                                                   |     | $         |    618 |   |     | $            |  315 |   |
| -100 bps                                                   |     | $         |   (618 | ) |     | $            | (315 | ) |
| -200 bps                                                   |     | $         | (1,235 | ) |     | $            | (631 | ) |

Foreign currency risk Our reporting currency is the U.S. dollar and the functional currency of our international operations is its local currency. The assets and liabilities of each of our international operations are translated into dollars at exchange rates in effect at each balance sheet date. Revenues and expenses are translated using the average exchange rate for the relevant period. Equity transactions are translated using historical exchange rates. Decreases in the relative value of the U.S. dollar to other currencies may negatively affect revenues and other operating results as expressed in dollars. Foreign currency translation adjustments are accounted for as a component of accumulated other comprehensive income (loss) within stockholders’ equity (deficit). Gains or losses due to transactions in foreign currencies are included in Other income (expense), net, on our consolidated statements of operations. We have not engaged in hedging of foreign currency transactions to date, although we may choose to do so in the future. A 10.0% increase or decrease in current exchange rates would not have a material effect on our operating results or financial condition. 115

CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83

BUSINESS

Overview

The new internet financial system

Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We believe that with the advent of
blockchain networks, the global financial system can be rebuilt on the principles of the internet—those of open software and public networks—to the benefit of all of society. This new internet financial system has the potential to address
the structural inefficiencies of the legacy financial system, enabling value to be exchanged more quickly, more cheaply, more safely, and in new, innovative ways—thereby increasing both the benefit of and access to the financial system for