Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 271

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 271
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omiciliation 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 and Class B common stock on and after the Redomiciliation. In the case of awards held by Jeremy Allaire and P. Sean Neville, awards under the 2024 Plan will be exercisable for
or settled in, as applicable, shares of Class B common stock pursuant to the Conversion, as contemplated by the amendment to the 2024 Plan approved by the board of directors of Circle Internet Group, Inc. in May 2025.

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 or Class B common stock, as applicable, 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.

As of the effectiveness of the Circle Internet Group, Inc. 2025 Omnibus Incentive Plan (described under “—2025 Omnibus Incentive Plan” below), no further
equity awards will be granted under the 2024 Plan. Awards that are outstanding under the 2024 Plan as of the effectiveness of the Omnibus Incentive Plan will remain outstanding under, and subject to the terms and conditions of, the 2024 Plan.

The maximum number of Plan Shares which may be the subject of awards under the 2024 Plan may not, in the aggregate, exceed (i) 73,313,680 less (ii) the number of
Scheme Shares which were subject to awards outstanding under the 2013 Scheme as of immediately prior to the adoption of the 2024 Plan (which, as of such time, was 42,333,762). The board of directors may delegate some or all of its authority under
the 2024 Plan, including the authority to grant awards (except that such authority will not apply to any award held by a person covered by Section 16 of the Exchange Act) as permitted under applicable law, including Section