Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 24

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 24
---
 related person’s position as a director of, and/or having holdings of less than 10% of, such entity, and (iii) transactions where a related person’s interest arises solely from the ownership of our stock and all holders of our stock received the same benefit on a pro rata basis.

#### Transactions with Related Persons
Other than as set forth below, since the beginning of fiscal year 2025, there have not been any transactions, nor are there any currently proposed transactions, in which Atlassian was or is to be a participant, where the amount involved exceeded $120,000 and in which any related person had or will have a direct or indirect material interest. As is the case with most multinational corporations, from time to time in the ordinary course of business, we engage in arms-length transactions with companies in which members of our Board or our executive team have professional relationships.

#### Indemnification Agreements
Atlassian has entered into indemnification agreements with each of our directors and executive officers. The indemnification agreements and our Bylaws require us to indemnify our directors and officers to the fullest extent permitted by Delaware law.

#### Aircraft Arrangements
In fiscal year 2025, we paid approximately $1.9 million to an entity affiliated with Mr. Cannon-Brookes, as a reimbursement (the “Initial Aircraft Reimbursement”) for operational costs relating to business-related travel on a private aircraft that is indirectly and wholly owned by Mr. Cannon-Brookes (the “Private Aircraft”’). The reimbursement was for flights that occurred on the Private Aircraft in fiscal year 2025, prior to us entering the Charter Agreement (as defined below).

In fiscal year 2025, we also entered into a charter arrangement (the “Charter Agreement”) with an independent charter operator for business travel by Mr. Cannon-Brookes primarily on the Private Aircraft. Under the Charter Agreement, we pay a pre-determined rate per flight hour which, following a review of market data, we determined is below the market rate for a similar aircraft. In fiscal year 2025, we incurred costs totaling approximately $1.8 million for business travel on the Private Aircraft under the Charter Agreement. As owner of the Private Aircraft, Mr. Cannon-Brookes received substantially all of the fees we pay under the Charter Agreement. Due to the fact that the pre-determined rate we pay for the use of the Private Aircraft is less than the actual operational costs incurred, Mr. Cannon-Brookes does not profit from this arrangement.

The