Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 252

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 252
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 as follows: (i) for the January 1, 2024 to June 30, 2024 performance period, based on the achievement against the following corporate performance goals: STIP Adjusted EBITDA (70%) and non-financial business performance goals (30%) (the “1H STIP”) and (ii) for the July 1, 2024 to December 31, 2024 performance period based on the achievement of the following corporate performance goals: STIP Adjusted EBITDA (70%) and non-financial business performance goals (30%) (the “2H STIP”). 162

For the 1H STIP, the STIP Adjusted EBITDA performance targets and potential payout opportunities were as follows:

|                                |     | Threshold |    |   |     | Target |     |   |     | Maximum |     |   |
| STIP Adjusted EBITDA Goal ($M) |     |           | 80 |   |     |        | 107 |   |     |         | 140 |   |
| Achievement %                  |     |           | 80 | % |     |        | 107 | % |     |         | 140 | % |
| Payout %                       |     |           | 50 | % |     |        | 100 | % |     |         | 150 | % |

Additionally, for the 1H STIP, the non-financial business performance goals, each weighted equally, were as follows:

| • |     | Hit key milestones for public company readiness; |

| • |     | Launch in two new international markets; |

| • |     | Onboard with two new reserve banks; and |

| • |     | Lay groundwork in three new strategic markets. |

For the non-financial business performance goals, threshold payout of 50% is based on achievement of two of the goals, target payout of 100% is based on achievement of three of the goals, and maximum payout of 150% is based on achievement of all four of the goals. For 2H STIP, the STIP Adjusted EBITDA performance targets and potential payout opportunities were as follows:

|                                |     | Threshold |    |   |     | Target |     |   |     | Maximum |     |   |
| STIP Adjusted EBITDA Goal ($M) |     |           | 83 |   |     |        | 127 |   |