Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 35

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 35
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 C common stock, which does not have any voting power other than to the extent set forth in our certificate of incorporation or otherwise required by applicable law. Holders of our 
 common stock vote together as a single class on all matters, except as otherwise set forth in our certificate of incorporation or as required by applicable law. See “Description of capital stock.”                                                      |

| Concentration of voting power | Our Class B common stock, which is held by our founders, Jeremy Allaire and P. Sean Neville, and certain entities controlled by our founders, will represent  % of the total voting power of our outstanding common stock following this 
 offering (or  % of the total voting power of our outstanding common stock if the underwriters exercise their option to purchase additional shares in full).                                                                              |

| Conversion rights | Our Class A common stock is not convertible into any other securities. Our Class B common stock is convertible into Class A common stock on a                                                                                                      
 one-for-one basis at the option of the holder. In addition, our Class B common stock will automatically convert into Class A common stock on a one-for-one basis upon any transfer, except for permitted transfers described in our certificate of 
 incorporation, and in certain other circumstances such as the earliest of (1) in the case of any Class B common stock held by any entity controlled by Jeremy Allaire or P. Sean Neville, upon such entity                                         |

17

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

| ceasing to be controlled by Jeremy Allaire or P. Sean Neville, (2) the first day on which the aggregate number of shares of Class B common stock held by Jeremy Allaire and certain entities                                                      
 controlled by Jeremy Allaire is less than 50% of the aggregate number of shares of Class B common stock held by Jeremy Allaire and such entities on the closing date of our initial public offering, (3) the first day on which Jeremy Allaire is 
 neither our Chief Executive Officer nor Chairperson of our board of directors, and (4) five years after the closing of our initial public offering. Our Class C common stock is convertible into Class A common stock on a one-for-one basis in   
 connection with certain assignments and transfers. See “Description of capital stock—Common stock—Conversion, exchange, and transferability.”                                                                                                     |

| Use of proceeds | We estimate that the net proceeds to us from this offering