Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 250

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 250
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 long-term incentive plans, peer group determination, and share plan usage. Fiscal year 2024 peer group companies Competitive compensation data is one of several factors that our Compensation Committee considers in making its decisions with respect to the compensation of our executives, including our NEOs. Specifically, our Compensation Committee considers compensation data in our competitive market for executive talent, particularly the compensation levels and 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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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