Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 260

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 260
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 practices of a group of peer companies (the “Compensation Peer Group”), as determined by our Compensation Committee. The Compensation Committee, with the assistance of Pearl Meyer, developed and approved the following Compensation Peer Group for fiscal year 2024 based on each company’s similarity to us in terms of industry and financial characteristics, as determined using the following criteria:

| • |     | business model and/or product, with a focus on companies with FinTech, cryptocurrency, and banking industries; |

| • |     | similar size, as measured by revenue, assets, and market capitalization; |

| • |     | headquartered in the United States and traded on a major stock exchange; and |

| • |     | preference for high annual revenue growth companies. |

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CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83 Peer Companies for fiscal year 2024:

| ACI Worldwide, Inc.           |     | LendingClub Corporation    |     | Shift4 Payments, Inc.   |
| Affirm Holdings, Inc.         |     | Marqeta, Inc.              |     | SoFi Technologies, Inc. |
| BILL Holdings, Inc.           |     | MongoDB, Inc.              |     | Synovus Financial Corp. |
| Coinbase Global, Inc.         |     | Payoneer Global Inc.       |     | Upstart Holdings, Inc.  |
| Customers Bancorp, Inc.       |     | Q2 Holdings, Inc.          |     | WEX Inc.                |
| Jack Henry & Associates, Inc. |     | Repay Holdings Corporation |     |                         |

Following Semler Brossy’s appointment as the Compensation Committee’s independent consultant, the Compensation Committee revisited the compensation peer group for fiscal year 2025 to specifically focus on FinTech, financial services, and digital platform companies within a similar size of Circle, as measured by revenue, market capitalization, and EBITDA. As a result, the Compensation Committee removed five entities due to size and less direct industry comparability (Customers Bancorp, Inc., Marqeta, Inc., Repay Holdings Corporation, Synovus Financial Corp., and Upstart Holdings, Inc.) and added nine companies with stronger industry comparability (BlackLine, Inc., DocuSign, Inc., Dropbox, Inc., Evercore Inc., Enova International, Inc., Lending Tree, Inc., Remitly Global,