Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 323

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 323
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 does not provide for the transfer of lock-up securities during the restricted
period and no filing or public announcement will be made voluntarily in connection with such trading plan and any public announcement or filing made by any person regarding the establishment of such plan during the restricted period will include a
statement that the lock-up party may not transfer or dispose of securities under such plan in contravention of the lock-up agreement; (e) the sale of our Class A common stock pursuant to the terms of the underwriting agreement;
(f) pledge any lock-up securities to the Circle Foundation, provided that no filing or

203

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

public announcement will be made voluntarily in connection with any such pledge; (g) the exchange of our Class A common stock into our Class C common stock; provided that any
lock-up securities received upon such exchange shall be subject to the foregoing restrictions; and (h) the conversion of our Class A common stock into our Class B common stock or our Class B common stock into our Class A common stock,
in each case, as set forth in our certificate of incorporation, provided that any lock-up securities received upon such conversion shall be subject to the foregoing restrictions. Notwithstanding the foregoing, if the stockholder is an
employee of ours who is not an officer as defined under Section 16 of the Exchange Act, then on the date that is the first trading day after we publicly announce our earnings for the quarter ended June 30, 2025, a portion of the aggregate
number of shares of Class A common stock and shares underlying vested equity awards that settle in Class A common stock, in each case held by such employee as of such date, will be released from the foregoing restrictions (the
“employee early release”). In connection with this offering, J.P. Morgan Securities LLC has agreed that the employee early release, which represents an aggregate of up to 1.9 million shares of our Class A common stock, shall take
effect before market open on August 13, 2025.

We have agreed that we will not waive the market standoff provision in any stockholder agreement
without the prior written consent of J.P. Morgan Securities LLC. J.P. Morgan Securities LLC, in its sole discretion, may release the securities subject to any of the lock-up arrangements described above, in whole or in part at any time. On
June 23, 202