Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 78

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 78
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 68Proposals To Be Voted On
| Proposal 5 - Approval of an Amendment and Restatement to the Company's 2015 Employee Share Purchase Plan |

We are asking our stockholders to approve an amendment and restatement of our 2015 Employee Share Purchase Plan to, among other administrative, clarifying and conforming changes:

• increase the number of Shares reserved for issuance under such plan by an additional 14.3 million shares, plus an automatic annual increase each year thereafter during the 10-year term of the plan;

• extend the expiration date of the plan to December 2, 2035; and

• introduce additional flexibility for the CLDC to determine the purchase price of Shares under the plan (subject to the minimum price required by Section 423 of the Code, where applicable), the maximum rate of contributions to the plan and the terms of rights granted to non-U.S. employees, as well as to establish additional, sequential or overlapping offerings under the plan.

Our 2015 Employee Share Purchase Plan is designed to attract, retain and motivate highly qualified personnel and to align the interests of participating employees with those of our stockholders. Since the adoption of the 2015 Employee Share Purchase Plan, no shares have been issued under the plan and no employee purchases have been made. However, we believe that maintaining an up-to-date and modernized ESPP is consistent with our compensation belief that providing employees with the opportunity to participate in stock ownership, and in turn our long-term future performance, fosters an ownership culture. Based on this, we believe that the approval of this amendment and restatement of our 2015 Employee Share Purchase Plan to be in the best interest of our Company and its stockholders.

### Background
In October 2015, the board of directors of Atlassian UK adopted and, in November 2015, the stockholders of Atlassian UK approved the Atlassian Corporation Plc 2015 Employee Share Purchase Plan, effective upon the initial public offering of Atlassian UK. Upon the completion of our U.S. Domestication in September 2022, Atlassian Corporation assumed the Atlassian Corporation Plc 2015 Employee Share Purchase Plan, and amended and restated such plan as the Atlassian Corporation Amended and Restated 2015 Employee Share Purchase Plan (the “ESPP”) in order to reflect the assumption and changes in applicable law and to provide for the securities to be issuable in connection with equity awards to be shares of Atlassian Corporation Class A common stock instead of At