Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 79

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 79
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lassian UK Class A ordinary shares.

On September 17, 2025, our CLDC recommended an amendment and restatement of our ESPP to the Board, and on September 22, 2025, the Board approved this amendment and restatement subject to the approval of our stockholders. If the stockholders approve this proposal, the Restated 2015 ESPP (as defined below) will become effective on the date of our 2025 Annual Meeting.

In the discussion of this proposal, we refer to the currently existing version of the Atlassian Corporation Amended and Restated 2015 Employee Share Purchase Plan as the “ESPP,” and we refer to the version of the Atlassian Corporation Amended and Restated 2015 Employee Share Purchase Plan that we are asking stockholders to approve as the “Restated 2015 ESPP.”

#### Shares Reserved for Issuance
If approved, as of the effective date of the Restated 2015 ESPP, a total of 20 million Shares would be reserved for issuance under the Restated 2015 ESPP, subject to adjustments for changes in capitalization, as well as to the annual increase under the “evergreen” provision described below. This reflects an increase of 14.3 million Shares to the 5.7 million Shares available for issuance under the 2015 ESPP as of July 1, 2025. Our Board and CLDC considered a number of factors in determining the share reserve for the Restated 2015 ESPP, including our anticipated headcount growth rate and our anticipated plan participation rates.

As of September 30, 2025, there were 167,238,849 shares of our Class A Common Stock and 96,049,867 shares of our Class B Common Stock outstanding. On September 30, 2025, the closing price of our Class A Common Stock on Nasdaq was $159.70.

| 2025 Proxy Statement |

#### Proposals To Be Voted On69

#### Key Terms of the Restated 2015 ESPP
The following is a summary of the key provisions of the Restated 2015 ESPP, as it would become effective if stockholders approve this Proposal No. 5. This summary does not purport to be a complete description of all the provisions of the Restated 2015 ESPP. A copy of the Restated 2015 ESPP has been filed with this proxy statement as Appendix C, and the following description of the