Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 29

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 29
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 of every team. We view a talented executive team at the center of enabling the long-term success of Atlassian’s mission. Our current executive compensation programs and philosophy are designed to attract, motivate, and retain top executive talent within a highly competitive technology labor market.

| 2025 Proxy Statement |

#### Executive Compensation35
The Compensation and Leadership Development Committee (the “CLDC”) reviews the efficacy of our programs annually, taking into consideration our executive compensation philosophy, business performance, stockholder interests, our peer group of companies, and company objectives. Our current executive compensation programs reflect the enhancements made over multiple years by the CLDC to ensure strong alignment with our long-term business strategy.

Fiscal Year 2025 Company Performance

Our product strategy and company culture work in concert to create unique value for our customers and competitive advantages for Atlassian.

We invest significantly in our deeply interconnected portfolio of apps, AI agents, and Collections, which each have their own discrete value propositions for delivering solutions for software teams, IT operations and support teams, and leadership and business teams. Our apps and agents are easy to adopt and use, which allows them to support a wide range of teams.

As a company, we have massive opportunities in enterprise cloud, AI, and the Atlassian System of Work that we believe will drive Atlassian’s growth for years to come. In fiscal year 2025, we achieved strong business and financial results, including:

| Total Revenue             
 $5.2 billion              |     |                              |     | 20% from FY24 |     | AI Monthly   
 Active Users 
 2.3 million  |     |                   |     | Cloud Revenue 
 $3.4 billion  |     |                 |     | 28% from FY24 |
| Cash Flow from Operations 
 $1.5 billion              |     | Free Cash Flow(1)            
 $1.4 billion                 
 Free Cash Flow Margin of 27% |     |               |     |              |     | 120%              
 Cloud Net Revenue 
 Retention Rate(2) |     |               |     | 300,000+        
 Cloud Customers |     |               |

(1) Free Cash Flow is not a GAAP measure. See Appendix A for information regarding non-GAAP financial measures, including a reconciliation of Free Cash Flow to the most directly comparable GAAP financial measure.

(2) See Appendix A for a description of this metric.

Competitive Market Context Impacting our Talent and Pay Philosophy

Our products serve teams of all shapes and sizes in