Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 368

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 368
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 of Shares Issued for Business Combinations Activities |     | Number of      
 Shares         
 (in thousands) |       |   |     | Weighted-  
 Average    
 Grant Date 
 Fair Value |       |
|:--------------------------------------------------------------------|:----|:---------------|------:|:--|:----|:-----------|------:|
| Balance as of December 31, 2024                                     |     |                |   548 |   |     | $          | 47.82 |
| Shares issued                                                       |     |                | 1,473 |   |     |            | 31.16 |
| Shares forfeited                                                    |     |                |    (6 | ) |     |            | 47.82 |
| Balance as of June 30, 2025                                         |     | $              | 2,015 |   |     | $          | 35.64 |

For the three and six months ended June 30, 2025 post-combination stock-based compensation cost included in the stock-based compensation expense was $8.2 million and $15.3 million. For the three and six months ended 2024, post-combination stock-based compensation cost included in the stock-based compensation expense was $9.8 million and $20.2 million, respectively. As of June 30, 2025 unrecognized stock-based compensation cost related to outstanding unvested shares and warrants issued for business combinations that are expected to vest was $48.1 million which is expected to be recognized over a weighted-average period of 2.3 years F-27

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

| 18. | Earnings (loss) per share |

The computation of net income per share is as follows (in thousands, except per share amounts):

| Table 18.1. Earnings (loss) per share                                 |     | Three months ended 
 June 30,           
 2025               |          |   |     | 2024 |         |   |     | Six months ended 
 June 30,         
 2025             |          |   |     | 2024 |         |   |
|:----------------------------------------------------------------------|:----|:-------------------|---------:|:--|:----|:-----|--------:|:--|:----|:-----------------|---------:|:--|: