Atlassian co-CEOs adopt new 10b5-1 trading plans

Atlassian Corporation Plc CREWa leading provider of team collaboration and productivity software, today announced that Scott Farquhar and Mike Cannon-Brookes, co-CEOs, co-founders and principals of Atlassian, have each adopted new trading in shares in February 2022 in accordance with the guidelines specified in Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and Atlassian’s policies regarding stock trading.

These pre-arranged trading plans were adopted in order to allow Mr. Farquhar and Mr. Cannon-Brookes to sell a portion of their Atlassian shares over time as part of their long-term individual asset diversification and liquidity strategies. . Using these new trading plans, Mr. Farquhar and Mr. Cannon-Brookes will spread their stock trades over a period of one year from the expiration of their current trading plans in June 2022 to reduce the impact on the market on a given day. All sales of shares under Mr. Farquhar’s and Mr. Cannon-Brookes’ trading plans are subject to volume limits, pursuant to Rule 144, which limits the number of shares that may be sold during for a period of three months.

In aggregate, Mr. Farquhar and Mr. Cannon-Brookes currently hold approximately 109.44 million Class B common shares and 381,836 Class A common shares, representing approximately 43.08% of the Class B common shares and A outstanding of Atlassian, taken together, and approximately 87.91% of the voting rights. Under the terms of the new trading plans, Mr. Farquhar and Mr. Cannon-Brookes each intend to sell up to approximately 2.16 million shares of Class B common stock (those shares being converted into Class B common stock). A before the sale). If Mr. Farquhar and Mr. Cannon-Brookes complete all anticipated sales under their current and new trading plans, they would continue to collectively own approximately 105.40 million shares of Class B common stock, which would represent approximately 41 .35% of Atlassian’s outstanding Class B and Class B shares. A ordinary shares, taken together, and approximately 87.19% of the voting rights (assuming no further issuances, redemptions, sales or conversions of Atlassian’s share capital). Each Class B common share is entitled to ten votes and each Class A common share is entitled to one vote.

About Atlassian

Atlassian unleashes the potential of every team. Our team collaboration and productivity software helps teams organize, discuss and complete shared work. Teams of more than 225,000 customers, large and small enterprises, including Bank of America, Redfin, NASA, Verizon and Dropbox, use products for project tracking, content creation and sharing and service management. ‘Atlassian to work better together and deliver quality results on time. . Learn more about our products including Jira Software, Confluence, Jira Service Management, Trello, Bitbucket, and Jira Align at https://atlassian.com/.

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