Company: CRCL
Filing Date: 2025-02-13
Form Type: DRS/A
Source: 0000950123-25-001965
Chunk: 254

Company: Circle Internet Group, Inc.
Filing Date: 2025-02-13
Form: DRS/A
Chunk 254
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 of any Scheme Shares.

In the event of a reorganization, vesting conditions may be adjusted by the board of directors, subject to an auditor’s confirmation that the adjustment is fair and
reasonable and notice to the award holder.

178

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

The board of directors generally has the authority to amend the 2013 Scheme;
provided that such amendment may not be made for the benefit of existing or future award holders relating to who may be eligible to participate in the 2013 Scheme, the share reserve, and certain other matters, without prior approval by Circle
in general meeting (or written approval of a majority of the voting power). No amendment or termination of the 2013 Scheme may adversely affect the rights of an existing award holder unless approved by such award holder.

The 2013 Scheme includes addendums applicable for U.S. participants and for UK participants and, along with other provisions, provides for certain requirements relating
to the grant of incentive stock options (for U.S. participants) and EMI options (for UK participants). The 2013 Scheme also includes addendums applicable for Bermuda, Singapore, and Canada.

2024 Circle Internet Group, Inc. Share Award Plan

Effective upon the
completion of the Redomiciliation on July 1, 2024, the board of directors of Circle Internet Group, Inc. adopted the Circle Internet Group, Inc. Share Award Plan (as amended, the “2024 Plan”), as the successor to the 2013 Scheme, to govern
the grant of awards with respect to shares of Class A common stock on and after the Redomiciliation.

The terms of the 2024 Plan are substantially the same as those
described above under the 2013 Scheme, except that references to Scheme Shares were replaced with references to shares of Class A common stock of Circle Internet Group, Inc. (“Plan Shares”). In addition, the 2024 Plan is governed by
Delaware, not Irish, law and therefore removes certain provisions which were applicable only under Irish law, including those relating to a compulsory acquisition or reconstruction of the Company under Irish law.

The maximum number of Plan Shares which may be the subject of awards under the 2024 Plan may not exceed (i) 73,313,680 less (ii) the number of Scheme Shares which were
subject to awards outstanding under the 2013 Scheme as