Company: CRCL
Filing Date: 2025-02-13
Form Type: DRS/A
Source: 0000950123-25-001965
Chunk: 242

Company: Circle Internet Group, Inc.
Filing Date: 2025-02-13
Form: DRS/A
Chunk 242
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-based vesting conditions. The time-based vesting
condition is 25% after one year, then monthly thereafter for the next 36 months. The performance-based vesting condition will be satisfied upon a qualifying change in control event or public listing of the Company, which will be deemed satisfied in
connection with our initial public offering.

For 2025, our NEOs (other than Ms. Carpenter, who is no longer an executive officer) received 100% of their Annual
Grant in the form of RSUs (the “2025 Annual Grants”). The amounts granted of the 2025 Annual Grant were determined by the Compensation Committee factoring in peer data, the individual’s performance and impact to the Company, and the
individual’s outstanding equity holdings.

For 2025 Annual Grants, grants made to our 2025 NEOs (other than Ms. Carpenter) were as follows: (i)
Mr. Allaire, $9,000,000, (ii) Mr. Fox-Geen, $6,000,000, (iii) Mr. Tarbert, $7,500,000, and (iv) Mr. Chandhok, $6,000,000. For Mr. Tarbert, $1,500,000 represents a one-time promotional grant.

The 2025 Annual Grants have both time-based and performance-based vesting conditions. The time-based vesting condition is 25% after one year, then monthly thereafter for
the next 36 months. The performance-based vesting condition will be satisfied upon a qualifying change in control event or public listing of the Company, and will therefore be deemed satisfied in connection with our initial public offering.

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CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83

One Time IPO-Related Compensation

In connection with the efforts undertaken to prepare Circle for an initial public offering and to continue executing upon critical business initiatives thereafter, each
of our NEOs who remains an executive officer at such time (Messrs. Allaire, Fox-Geen, Tarbert, and Chandhok) will receive a cash bonus of $1,000,000, to be paid in quarterly installments over two years beginning in March 2025.

Other Compensation and Benefits

Company 401(k) Plan

Our executives, including our NEOs, may participate in our tax-qualified 401(k) retirement plan, which provides eligible
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