Atlassian Corp (TEAM) Business

ITEM 1. BUSINESS

Company Overview

Our mission is to unleash the potential of every team.

Atlassian’s team collaboration software enables organizations to connect all teams through a system of work that unlocks productivity at scale.

Our deeply interconnected portfolio of apps, AI agents, and Collections, each with discrete value propositions, delivers solutions for software teams, IT operations and support teams, leadership and business teams. As an AI-first company, we have embedded AI capabilities across every surface of our platform, enabling organizations to orchestrate work effectively across both human and AI teammates. These apps, agents, and Collections are all built on the Atlassian Cloud Platform and data model: a common technology foundation that seamlessly connects teams, information, context, and workflows throughout an organization.

Since Atlassian was founded in Sydney, Australia in 2002, we’ve advanced our mission with a deep investment in product development to build innovative, high-value, and versatile apps that users love. Our software has been recognized as a leader in multiple markets and powers more than 350,000 customers worldwide. We serve organizations of all sizes, from small emerging companies to over 85% of the Fortune 500, across almost every industry, and in over 200 countries and territories.

Our product-led philosophy prioritizes delivering high-value, competitively priced software at high volume, enabling us to go to market in a unique and efficient way. We aim to grow our customer base, targeting small, medium, and large enterprises, and strategically expand our relationships with customers over time. To land new customers, we’ve engineered a frictionless flywheel with an emphasis on self-service, making it easy for customers to try and get value first and foremost and then virally expand within an organization. This allows our sales force to

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focus primarily on expanding and deepening strategic relationships with our existing large enterprise customers, and also allows us to operate at an exceptional scale for an enterprise software company.

Our Strategy

System of Work

Our system of work is a philosophy of how organizations should work, connecting all teams to accelerate progress and maximize team impact by providing an AI-powered shared platform for managing workflows across the entire organization.

We deliver this system of work through a connected portfolio of apps, agents, and Collections with discrete value propositions, all built on the Atlassian platform. By connecting teams with these apps, agents, and Collections, the Atlassian system of work gives all teams the right foundations so they can align work to goals, plan and track work, coordinate workflows across departments, unleash knowledge across the organization, and, for our cloud customers, put AI at the center of how work gets done – enabling human and AI teammates to collaborate through a single, governed system of work.

Atlassian Cloud Platform

The Atlassian Cloud Platform underpins our cloud app portfolio, allowing us to provide unified experiences, standardized data, and common enterprise infrastructure across all apps, agents, and teams. It is designed to break down information silos with cross-product experiences and flexible integrations, and ensures that data remains secure, compliant, private, and available with enterprise-grade centralized admin visibility and controls. It enables modern and connected experiences across teams, tools, workflows, and data, including capabilities like AI, search, and automation. The comprehensive data model, or Teamwork Graph, unifies and standardizes data across Atlassian apps, third-party tools, and teams, providing the rich organizational context that powers AI agents and cross-product workflows.

Infrastructure

The infrastructure layer of the Atlassian Cloud Platform is purpose-built to meet the evolving needs of enterprise customers, delivering performance, scale, reliability, security, compliance, and privacy. It provides a secure, enterprise-grade foundation that supports large-scale environments, ensures data protection, and enables centralized administration and controls. This robust infrastructure allows Atlassian to continuously deliver new features, power AI workloads at scale, and maintain high standards for uptime and compliance across all cloud apps. The infrastructure layer includes our AI Gateway, which provides intelligent routing across multiple AI models designed to optimize performance, cost, and latency for different workloads, enabling us to deliver AI capabilities in a provider-agnostic, enterprise-grade manner.

Teamwork Graph

The Teamwork Graph layer of the Atlassian Cloud Platform is an intelligent, unified data layer that connects contextualized teamwork data across Atlassian and non-Atlassian tools. It maps relationships between goals, knowledge, teams, and work, providing fine-grain context to powerfully enrich cross-product experiences that accelerate, align, and optimize work across organizations.

This organizational context is a critical enabler for effective AI agents and automated workflows. As AI models become increasingly commoditized, the quality of the context they operate on determines the quality of their output. The Teamwork Graph provides AI agents, whether built by Atlassian, our users, our customers, or third parties, with the relationship-aware enterprise context they need to produce accurate, relevant, and actionable results. Unlike general-purpose data repositories, the Teamwork Graph captures how people, projects, goals, and decisions connect to one another within and across teams, giving agents the ability to traverse established relationships rather than discover them from scratch.

The Teamwork Graph is self-reinforcing: it grows richer with each workflow, integration, and interaction, including those from third-party agents that connect through open protocols such as the Model Context Protocol (“MCP”) and our command-line interface (“CLI”). This openness strengthens the graph, as external agents both consume and contribute organizational context, deepening the data layer with every interaction. The value of the Teamwork Graph compounds over time as customers add more workflows, data sources, and applications to their Atlassian environment.

Rovo

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Rovo is Atlassian’s AI offering, designed for teamwork rather than individual productivity alone. Powered by the Teamwork Graph, Rovo provides AI capabilities with the organizational context — the relationships between people, projects, goals, and knowledge — needed to deliver accurate, relevant, and actionable results across an enterprise’s connected workflows. Rovo consists of four platform capabilities:

•Rovo Search: Enterprise search that delivers personalized, context-aware results from Atlassian and connected third-party data sources.

•Rovo Chat: A conversational AI interface that helps teams ask questions, get trusted answers grounded in organizational knowledge, and take action across workflows.

•Rovo Agents: Specialized AI teammates — available out-of-the-box or custom-built — that perform tasks, automate workflows, and collaborate alongside human teammates within governed systems.

•Rovo Studio: A unified environment for creating agents, automations, and apps with or without code.

Platform Apps

The platform app layer of the Atlassian Cloud Platform consists of a core set of apps – including Home, Teams, Goals, Projects, Administration, and Analytics – designed to connect, align, and supercharge every team across the organization. These apps provide a unified experience and are deeply integrated to leverage shared data and context across Atlassian and third-party applications. By building common services and functionality at the platform level, we can develop and introduce new apps faster, integrate them more seamlessly, and deliver better multi-product experiences to customers.

Our Product Strategy

We have developed and acquired a broad portfolio of interconnected apps that help all teams, large and small, to plan, track, and complete their work in a modern way that is coordinated, efficient, and innovative - the Atlassian system of work. While each of our apps provides distinct functionality to the teams they serve, they share certain core attributes:

•AI at the Center - We have embedded AI capabilities across every surface of our platform experience and every app, making Atlassian an AI-first platform so our customers can unlock consistent, AI-powered productivity enhancements across their Atlassian and connected third-party applications. Centralizing AI in our platform enables seamless collaboration, actionable insights, and smarter automation for customers across their entire organization, delivering higher value. Our AI capabilities are provider-agnostic, routing AI workloads across multiple models through our AI Gateway to optimize cost, performance, and latency for each task. With AI at the center, we can also rapidly deploy new features, leverage advancements in foundational models, and enhance performance so customers receive the most optimal experience and value. As AI capabilities mature, the Atlassian platform enables organizations to transition from managing work exclusively through human teams to orchestrating a blended workforce of human and AI teammates – with the context, governance, and coordination tools to do so effectively.

•Built for All Teams - Our apps are designed to help all teams work better together and achieve more. We design simple, versatile apps that drive collaborate, transparency, and coordination across a broad range of workflows and projects – from technical development teams to business functions such as HR, finance, marketing, and legal. We believe our apps can improve any process involving teams, multiple work streams, and deadlines. For example, Jira, which enables software teams to plan, build, and ship code, is also used by thousands of business teams to manage non-technical workflows such as product design, supply chain management, expense management, and legal document review. More than 50% of users across our core apps belong to business teams.

•Easy to Adopt and Use - We developed our apps to be both powerful, easy to use, and accessible from the internet so they can immediately be put to work. By reducing the friction that usually accompanies the software purchasing process and eliminating the need for complicated and costly implementation and training, we believe we attract more people to try, use, derive value from, and buy our software.

•Integrated - Our apps are integrated, which means they are interconnected and designed to accelerate work between teams. For example, a developer using Bitbucket can initiate a change request that automatically appears in Jira Service Management for IT Operations to review, with context about that change linked on a Confluence page, enabling teams to deploy fast while still managing risk. Or, a marketing leader can use Loom to turn their team’s campaign brainstorm meeting into notes and action

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items assigned on a Confluence page, which each owner can use to seamlessly create tasks requesting assets from a Product Design team in Jira, allowing teams to go from ideas to action quickly. A Rovo agent can be assigned a service ticket in Jira Service Management, draw on connected knowledge from Confluence to diagnose the issue, and resolve it autonomously – or a third-party coding agent can receive a development task in Jira, implement the changes, and submit them for review in Bitbucket, with the full activity captured alongside the team’s work history. These same integration pathways extend to AI agents, which can participate in workflows alongside human teammates – for example, an agent assigned a task in Jira can draw on connected context from Confluence, Loom, and third-party tools to complete its work within the governed workflow.

•Open and Extensible with a Vast Ecosystem - We are dedicated to making our apps open and interoperable with a wide range of other platforms and applications that customers use, such as Microsoft, Zoom, Anthropic, Cursor, OpenAI, Salesforce, Workday, and Dropbox. Our open platform also supports more than 6,000 third-party apps and integrations available through the Atlassian Marketplace, as described further below.

We also offer multiple deployment options to meet a range of customer needs. Cloud is our primary commercial offering with a range of editions providing flexible plans, advanced administration, and robust security for most organizations. Atlassian Government Cloud is a dedicated environment designed for U.S. government agencies and contractors, meeting FedRAMP® Moderate compliance standards. Atlassian Isolated Cloud provides a single-tenant environment with dedicated compute, storage, and networking for enterprises with the strictest data protection and regulatory requirements, ensuring maximum data isolation and control. For existing customers, we also offer Data Center, a self-managed, enterprise-grade deployment option that allows customers to deploy and host Atlassian products on their own infrastructure. On September 8, 2025, we announced plans to end-of-life our Data Center products through a phased approach over a multi-year period. We are actively supporting customers through their transition to our cloud platform, where they can access the full benefits of AI, the Teamwork Graph, and continuous innovation.

Our Offerings

In recent years, we shifted from stand-alone products to a vision of apps, AI agents, and Collections. This shift represents a move from isolated, single-purpose software to integrated, modular solutions that can be adopted together through curated Collections built on the Atlassian Cloud Platform. This approach enables customers to start with the capabilities they need, expand into broader connected workflows over time, and adopt AI-driven collaboration through Collections that combine apps, agents, data, and platform services into cohesive solutions.

Apps

Our apps provide the building blocks for team collaboration and are packaged within Collections that align to customer outcomes. Apps are sold on a stand-alone basis or as part of our curated Collections. Key apps include Jira, Confluence, Loom, Jira Service Management, Rovo, Bitbucket, Compass, Jira Product Discovery, Focus, Talent, Trello, and Guard.

Agents

As AI-driven automation advances, organizations can deploy agents to perform routine and complex tasks alongside human teammates. Agents are AI-powered virtual teammates that automate tasks, solve problems, and assist decision-making by leveraging an enterprise’s context and data. Their effectiveness depends on the quality and depth of organizational context; our Teamwork Graph provides agents with a relationship-aware understanding of people, projects, goals, and workflows to operate effectively across an enterprise. Agents are available out-of-the-box, custom-built with our no-code interface, or purchased from the Atlassian Marketplace to streamline workflows, generate content, and provide expert insights across business functions. Within our platform, agents receive tasks directly in Jira, collaborate through comments alongside human teammates, and participate in governed workflows with audit trails and permissions – enabling organizations to orchestrate human and AI teammates through a single system of work. By integrating with teams, agents allow AI and people to work side by side – amplifying expertise, accelerating decision-making, and enabling teams to focus on higher-value, creative, and strategic work.

As work volume and complexity increase – driven partly by AI-accelerated software creation and expanding workflows – the need for coordination across human and AI teammates grows. Our platform provides the

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orchestration layer that enables organizations to manage this blended workforce, ensuring visibility, governance, and alignment across all work, whether performed by a person or an agent.

Collections

Collections are carefully curated sets of apps and agents built on the Atlassian Cloud Platform and designed to solve cross-functional customer workflows. Rather than requiring customers to evaluate and assemble individual products one at a time, Collections bring together the core apps, Rovo capabilities, shared data, administration, and platform services needed to deliver a cohesive outcome. They are intended to simplify adoption, increase connected usage across teams, and provide a clearer path for customers to expand from individual apps into broader systems of work. Our current Collections include:

•Teamwork Collection, which brings together Jira, Confluence, Loom, and Rovo in an integrated, AI-powered collaboration offering. Together, these products provide a common system of work for technology and business teams, helping customers plan and track work, align work to goals, communicate through async video, coordinate workflows across departments, and unlock organizational knowledge in a connected environment. Teamwork Collection also includes significantly higher pooled Rovo credit allowances than standalone Jira or Confluence subscriptions, giving customers more capacity to scale AI-assisted search, chat, agents, and cross-product workflows with greater predictability. By packaging these capabilities together, the Teamwork Collection enables customers to move from isolated team tools to an integrated collaboration layer for both human and AI teammates.

•Service Collection, which includes Jira Service Management, Customer Service Management, Assets, and Rovo, combines internal IT and employee service management with external customer support in a single AI-powered offering. It helps organizations intake, triage, and fulfill requests from employees and customers, detect and resolve incidents, track and manage assets, and use AI agents to deflect common questions and accelerate resolutions – delivering end-to-end service experiences across IT, HR, and customer support teams.

•Strategy Collection, which includes Jira Align, Focus, and Talent, is designed for enterprise leaders and decision-makers in technology-driven organizations to connect strategy, investment planning, and workforce planning in one system. It helps leaders define and communicate strategic priorities, align funding and teams to the highest-value outcomes, and provide clearer visibility into how work across the organization supports company objectives.

•Software Collection, which includes Rovo Dev, DX, Bitbucket, Pipelines, and Compass, brings together software planning, development, delivery, and operational workflows so engineering organizations can ship high-quality software faster with shared context across teams.

•Product Collection, which brings together Jira Product Discovery, Feedback, and Rovo capabilities for product teams, supports product teams from discovery through delivery by connecting customer insights, product prioritization, roadmaps, and execution in one coordinated system.

•Jira, a flexible project management platform for planning, tracking, and managing work across technical and business teams.

•Confluence, a connected workspace for creating, organizing, and sharing team knowledge, documents, and collaboration content.

•Jira Service Management, an intuitive service management solution for IT, HR, and other teams to deliver high-velocity support and manage service requests.

Our Technology, Infrastructure and Operations

Our products and technology infrastructure are designed to provide simple-to-use and versatile products with industry-standard security and data protection that scales to organizations of all sizes, from small teams to large organizations with thousands of users. Maintaining the security and integrity of our infrastructure is an important part of our business. As such, we leverage standard security and monitoring tools to ensure performance across our network.

The Atlassian Marketplace and Ecosystem

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The Atlassian Marketplace is a hosted online marketplace for free and purchasable apps to enhance our products. The Atlassian Marketplace offers thousands of apps from a large and growing ecosystem of third-party vendors and developers.

We offer the Atlassian Marketplace to customers to simplify the discovery and purchase of add-on capabilities for our products. Additionally, it serves as a platform for third-party vendors and developers to more easily reach our customer base, while also streamlining license management and renewals.

Forge is our cloud app development platform designed to standardize how Atlassian cloud products are customized, extended, and integrated. Developers can rely on Forge’s hosted infrastructure, storage, and function-as-a-service to build new cloud apps for themselves or for the Atlassian Marketplace.

Our Business Model

Research and Development

Our research and development organization is primarily responsible for the design, development, testing, and delivery of our platform, apps, and AI capabilities, including foundational AI infrastructure and agent integration across our product portfolio. It is also responsible for our customer services platforms, including billing and support, the Atlassian Marketplace, Forge platform, and certain marketing and sales systems that power our high-velocity, low-friction distribution model.

As of June 30, 2026, over 50% of our employees were involved in research and development activities. Our research and development organization consists of talented, agile, and dynamic teams that enable the delivery of rapid innovation to our customers. Research and development activities primarily include the development and release of new apps and AI agents, enhanced AI-powered functionality across existing apps, expanded cloud platform capabilities, including the Teamwork Graph, and the integration of the latest foundational AI models to deliver intelligent automation and insights to customers. Given our focus on customer value, we work closely with our customers to understand their needs, measure user satisfaction, and incorporate the feedback that matters most from our users into our development process.

We will continue to make significant investments in research and development, with a particular emphasis on AI capabilities, agent infrastructure, and platform intelligence, to deliver increasing value to customers.

Sales and Marketing

Our Distribution Model

Our go-to-market approach is driven by the strength and innovation of our platform, apps, and the market opportunity. Our model focuses on a land-and-expand strategy, with automated and low-touch customer service, superior product quality, and transparent pricing to land new customers and the initial expansion to new users and teams. This means lower customer acquisition costs and go-to-market expenses for new customers and initial expansions. In addition to our powerful flywheel motion, we have strategically grown our sales team to focus on expanding the relationships with our existing customers, particularly large enterprises.

For our flywheel motion, we primarily rely on word-of-mouth and low-touch demand generation to drive trial, adoption, and initial expansion of our apps. For our sales-led motion, we rely on a combination of field sales, solution sales, and a global network of channel partners to expand our presence within our enterprise customer base.

The following are key attributes of our unique business model that support our sales and marketing efforts:

•Innovation- and data-driven - Relative to other enterprise software companies, we invest significantly more in research and development relative to marketing and sales, focusing on product quality, AI capabilities, and platform developments that create organic customer demand. Our scale enables us to continuously test and refine every step of the customer journey, intelligently manage conversion and expansion, and tune our strategies for customer satisfaction and growth.

•Scale-oriented - Our apps drive mission-critical workflows within customers of all sizes, including enterprise customers. We offer enhanced capabilities in premium and enterprise editions of our apps, and we have strategically evolved our expansion sales motion to serve our largest customers while continuing to benefit from the data, network effects, and customer insights that emerge from serving customers at significant scale.

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Sales

We land and initially expand with new customers primarily through our flywheel sales motion, leveraging our website as the primary forum for new customer engagement and support for thousands of commercial transactions daily. By focusing on an automated, easy-to-use web-based purchasing process, we enable customer self-service and data-driven targeting. This approach means we do not have to solely rely on a traditional, commissioned direct sales force until a customer reaches a specific size, thanks to the automation and efficiency built into our sales model.

We expand the relationships with our largest existing customers primarily through our direct sales force. Our sales team primarily focuses on customer-centric selling by understanding the unique needs, challenges, and goals of our existing enterprise customers. We expand these relationships by selling to more teams within an organization, selling additional Collections and apps to existing users, and upgrading customers to the higher-value editions or Collections of our cloud software.

We also have a global network of solution partners with unique expertise, services, and products that complement the Atlassian portfolio, such as deployment and customization services, localized purchasing assistance around currency, language, and specific in-country compliance requirements. We have sales programs and teams that focus on supporting our solution partners, tracking channel sales activity, supporting and servicing our largest customers by helping optimize their experience across our product portfolio, helping customers expand their use of our apps across their organizations, and helping evaluators learn how they can use our tools most effectively.

Marketing

Our marketing efforts focus on growing our brand, building broader awareness, and increasing demand for our apps and Collections, particularly with enterprise customers. We invest in brand and product promotion, demand generation through direct marketing and advertising, in-person customer events, strategic partnerships, industry analyst relations, and content development to help educate the market about the benefits of our apps. We also leverage insights gathered from our users and customers to improve our targeting and, ultimately, the return on investment from our marketing activities.

Seasonality

Our business experiences seasonal fluctuations due to customer buying patterns. We expect these patterns to become more pronounced as we continue to target large enterprise customers. Our revenue fluctuates quarterly and within our quarterly financial results. In general, a higher percentage of customer sales are executed in the second and fourth quarters of our fiscal year.

Our Competition

Our apps and Collections serve teams of all sizes and across nearly every industry.

Our competitors range from large technology vendors to new and emerging businesses in each of the markets we serve, including AI-native companies and emerging startups that leverage generative AI and large language models:

•Software Teams - Our competitors include large technology vendors and smaller companies that offer project management, collaboration, and developer tools, as well as AI-native development platforms.

•Service Teams - Our competitors range from cloud vendors targeting enterprise service management teams to legacy vendors that offer service desk solutions.

•Business Teams - Our competitors range from large technology vendors offering a suite of products, to smaller companies offering point solutions for team collaboration, and general-purpose AI assistants and agents that may perform functions overlapping with our offerings.

In most cases, due to the flexibility and breadth of our apps, we co-exist within our own customer base alongside many of our competitors’ products.

The principal competitive factors in our markets include product capabilities, flexibility, total cost of ownership, ease of access and use, performance and scalability, integration, the ability to embed trusted AI across enterprise workflows, the depth and quality of organizational context available for AI-driven outcomes, customer satisfaction, and global reach. Industry analysts have recognized Atlassian as a leader in each of the markets our

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apps and Collections serve. We believe our product strategy, AI capabilities, proprietary context layer, distribution model, and company culture allow us to compete favorably on all these factors.

Intellectual Property

We protect our intellectual property through a combination of trademarks, domain names, copyrights, trade secrets and patents, as well as contractual provisions and restrictions governing access to our proprietary technology.

We registered “Atlassian” as a trademark in the United States, Australia, the EU, Russia, China, Japan, Switzerland, Norway, Singapore, Israel, Korea, and Canada, as well as other jurisdictions. We have also registered or filed for trademark registration of product-related trademarks and logos in the United States, Australia, the EU, Brazil, Russia, India, and China, and certain other jurisdictions, and will pursue additional trademark registrations to the extent we believe it would be beneficial and cost effective.

As of June 30, 2026, we had 664 issued patents and have approximately 557 applications pending in the United States. We also have a number of patent applications pending before the European Patent Office. These patents and patent applications seek to protect proprietary inventions relevant to our business. We intend to pursue additional patent protection to the extent we believe it would be beneficial and cost effective.

We are the registered holder of a variety of domain names that include “Atlassian” and similar variations.

In addition to the protection provided by our registered intellectual property rights, we protect our intellectual property rights by imposing contractual obligations on third parties who develop or access our technology. We enter into confidentiality agreements with our employees, consultants, contractors, and business partners. Our employees, consultants and contractors are also subject to invention assignment agreements, pursuant to which we obtain rights to technology that they develop for us. We further protect our rights in our proprietary technology and intellectual property through restrictive license and service use provisions in both the general and product-specific terms of use on our website and in other business contracts.

Governmental Regulations

As a public company with global operations, we are subject to various federal, state, local, and foreign laws and regulations. These laws and regulations, which may differ among jurisdictions, include, among others, those related to financial and other disclosures, accounting standards, privacy and data protection, cybersecurity, intellectual property, AI technology, corporate governance, tax, environmental, government contracting, trade, antitrust, employment, import/export, and anti-corruption. Compliance with these laws and regulations may be onerous and could, individually or in the aggregate, increase our cost of doing business, or otherwise have an adverse effect on our business, reputation, financial condition, and operating results. For a further discussion of the risks associated with government regulations that may materially impact us, see “Risk Factors” included in Part I, Item 1A of this Annual Report on Form 10-K.

Human Capital Management

We believe our employees to be our greatest asset, and we strive to foster a collaborative, productive, and fun work environment. As of June 30, 2026, we had 13,301 full-time employees. We also engage temporary employees and consultants as needed to support our operations.

In order to support a talented, global, and distributed workforce that reflects our core values and enables us to drive positive value for our customers, we emphasize building and maintaining a strong culture. We also invest in people development and sustainability programs, in addition to our total rewards program, which includes competitive compensation and benefits and a distributed work approach. Our efforts have led to external recognition for our workplace and company.

Our Culture

Our company culture is exemplified by our core values. These values guide what we do, why we create, and who we hire.

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We believe that our culture plays a key role in our ability to attract, retain, and develop a talented, global, and distributed workforce and our ability to drive customer value and achieve competitive differentiation.

Sustainability

Atlassian’s sustainability strategy is focused on our impact on the planet, people, and customers. Atlassian has set science-based targets to achieve net zero emissions by 2040, invested in People programs, committed to respecting human rights, and laid out guiding principles, commitments, and practices for responsible technology.

We publish an annual Sustainability Report that details our sustainability progress, including information about our strategy, workforce, emissions data, human rights, sustainability governance practices, public policy efforts, and responsible technology approaches. Our Sustainability Report aligns to leading reporting frameworks including the Greenhouse Gas Protocol, the Taskforce on Climate-related Financial Disclosures and the Sustainability Accounting Standards Board. The latest Sustainability Report can be found in the Investor Relations section of our website, under the Sustainability tab. The contents of these materials, or the contents of those materials accessible through our website, are not incorporated into this Annual Report on Form 10-K.

Team Everyone

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Our “Team Everyone” approach is designed to unleash the potential of every Atlassian by seeking to build a workplace where everyone belongs, is valued and can do their best work—together.

We believe in implementing a structural approach to mitigating bias and driving inclusion across how we hire, promote, and retain our people. Launched in 2022, Atlassian Employee Resource Groups (“ERGs”) play a vital role in our culture of inclusion, and over 10% of our employees now participate in one or more of our eight ERG communities. We also aim to embed bias mitigation across our hiring process, empower leaders with the training and support to build teams where members can thrive, and provide all employees with tools to support employee wellness.

Team Anywhere

We call our approach to distributed work “Team Anywhere.” The vast majority of our employees are offered the choice to work from their homes, our physical office locations, or any combination of the two, within 15 countries. We strive to use an evidence-based approach to create an effective and collaborative workforce, and as such, promote programs like intentionally planned in-person team gatherings in order to foster employee engagement and connectivity. We believe our Team Anywhere approach allows for a variety of benefits, including greater flexibility for our employees and broadening our talent pool beyond the urban hubs in which we have physical office locations.

Total Rewards

Atlassian aims to offer its employees competitive compensation and benefits packages, which are reviewed annually. Our employees are compensated through a combination of fixed and variable or incentive-based cash compensation. The majority of our employees are also awarded equity compensation in the form of restricted stock units.

We also offer a variety of benefits intended to support employees and their families and help employees engage with their local communities. These benefits vary by country and are designed to meet or exceed local laws and to be competitive in the regions in which we operate. Beyond standard benefits like paid time off and healthcare coverage, our employee benefits include paid parental leave, family formation assistance, flexible working arrangements, wellness reimbursements, mental well-being support, and learning and development resources.

Available Information

You can obtain copies of our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the SEC, and all amendments to these filings, free of charge from our website at https://investors.atlassian.com/financials/sec-filings as soon as reasonably practicable after we file or furnish any of these reports with the SEC. The SEC maintains an internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC at www.sec.gov.

Atlassian has used, and will continue to use, its Investor Relations website at https://investors.atlassian.com as a means of making material information public and for complying with its disclosure obligations. Therefore, we encourage investors, the media, and others interested in Atlassian to review the information we make public in our Investor Relations website, as such information could be deemed to be material information.

Information on or that can be accessed through these websites is not part of this Annual Report on Form 10-K, and the website addresses included in this report are intended to be inactive textual references only.