Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 34

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 34
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 excessive perquisites or personal benefits for executives                                           
 No tax gross-ups to our executives                                                                     
 No hedging or pledging of Atlassian stock by executives, without prior approval by the Audit Committee 
 No special benefit or retirement plans that are exclusive to executive officers                        
 No guaranteed annual bonus payouts                                                                     |     |                  |

| 2025 Proxy Statement |

#### 38Executive Compensation

#### Authority Over Executive Compensation
The CLDC, in consultation with Semler Brossy, its independent compensation consultant, conducts an executive compensation market assessment each year that relies on publicly available data for a group of peer companies and available third-party compensation surveys. This process ensures that our Board and the CLDC have current information when calibrating compensation levels for our executive officers. Beyond the competitive market assessment, the CLDC also reviews talent profiles for each executive officer and considers comparisons against internal peers.

Role of the Board of Directors and CLDC

The CLDC oversees our executive compensation programs, including executive salaries, payouts under our annual incentive plan, the size and structure of equity awards, and any executive perquisites. The CLDC receives assistance from two sources: (1) an independent compensation consulting firm, Semler Brossy, and (2) our internal executive compensation staff, led by our Chief People Officer. All decisions regarding named executive officer compensation are made solely by the CLDC.

Role of Compensation Consultant

The CLDC has the authority to engage its own advisors to assist in carrying out its responsibilities. In fiscal year 2025, the CLDC engaged Semler Brossy to provide guidance regarding the amount and types of compensation that we provide to our executives, how our compensation practices compare to the compensation practices of other companies, including with respect to a peer group of companies developed in consultation with Semler Brossy, governance policy best practices, and other compensation-related matters. Semler Brossy reports directly to the CLDC and its chair and serves at the discretion of the CLDC which reviews the engagement annually. Semler Brossy may meet with members of management for the purposes of gathering information on proposals that management may make to the Board or the CLDC. Semler Brossy does not provide any services to Atlassian other than the services relating to executive and director compensation.

Semler Brossy maintains a policy that is specifically designed to prevent any conflicts of interest. In addition, the CLDC has assessed the independence of Semler Brossy taking into account, among other things, the factors set forth in Rule 10C