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Tax Treatment of Stock Options as Employee of GitLab BV

Equity Award

Stock Option Plan

When taxed?

Taxed at Exercise

What is taxed?

The "spread": Difference between the Offer Price and Exercise Price

Subject to tax withholding?

GitLab must withhold income tax on the taxable amount and remit by the end of the month following the month in which the taxable event occurs. Maximum Income Tax Rate: 51.75% on annual income greater than EUR 68,507. However, for employees whose annual income is between EUR 68,508 and EUR 97,966, the local employer also should withhold an additional 6.00%, which represents the partial repayment of a standard tax credit (heffingskortingen), in which case, the maximum withholding rate is 57.75%.

Social Insurance Contribution Withholding?

Yes (capped)

Employer Social Insurance Contribution Requirement?

Yes (capped)

Employee Maximum Combined Tax Withholding Rate

57.75%. For employees that are entitled to the 30% ruling: the 30% ruling applies to the gain realized from the exercise of stock options; decreasing the withholding rate to

Social Insurance Contribution Withholding/Payment detail

GitLab must withhold employee social insurance contributions and remit both the employee and employer social insurance contributions due ultimately by the end of the month following the month in which the exercise takes place.

Employer Compliance/Tax Reporting

Monthly Tax Reporting:

Annual Tax Reporting: