Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 424

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 424
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, with an increase to additional paid-in capital. The shares issued for business combinations are subject to forfeiture based on service conditions through various dates over a four year period from their respective acquisition dates. Table 18.5. Summary of Shares Issued for Business Combinations Activities

|                                 |     | Number of  
 Shares (in 
 thousands) |        |   |     | Weighted-  
 Average    
 Grant Date 
 Fair Value |       |
|:--------------------------------|:----|:-----------|-------:|:--|:----|:-----------|------:|
| Balance as of December 31, 2023 |     |            |  2,036 |   |     | $          | 47.82 |
| Shares vested                   |     |            | (1,445 | ) |     |            | 47.82 |
| Shares forfeited                |     |            |    (43 | ) |     |            | 47.82 |
| Balance as of December 31, 2024 |     |            |    548 |   |     | $          | 47.82 |

F-76

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

|                                 |     | Number of  
 Shares (in 
 thousands) |       |   |     | Weighted-  
 Average    
 Grant Date 
 Fair Value |       |
|:--------------------------------|:----|:-----------|------:|:--|:----|:-----------|------:|
| Balance as of December 31, 2022 |     |            | 2,952 |   |     | $          | 47.82 |
| Shares vested                   |     |            |  (874 | ) |     |            | 47.82 |
| Shares forfeited                |     |            |   (42 | ) |     |            | 47.82 |
| Balance as of December 31, 2023 |     |            | 2,036 |   |     | $          | 47.82 |

For the year ended December 31, 2024, post-combination stock-based compensation cost included in the stock-based compensation expense was $31.0 million. As of December 31, 2024, unrecognized stock-based compensation cost related to outstanding unvested shares and warrants issued for business combinations that are expected to vest was $