Insider Trading Arrangements

3 Months Ended

Dec. 31, 2025

Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements

During the three months ended December 31, 2025, certain of our officers or directors adopted or terminated trading arrangements for the sale of shares of our common stock as follows.

Action

Date

Plans

Number of Securities to be Sold

Expiration

Rule 10b5-1 1

Non-Rule 10b5-1 2

Michael Miebach,

President and Chief Executive Officer

Adoption

November 3, 2025

Up to (i) 26,400 shares of Class A common stock underlying employee stock options, (ii) 16,000 shares of Class A common stock underlying vested but not yet settled performance stock units and (iii) 6,228 shares of Class A common stock 3

The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) November 15, 2026

Ed McLaughlin,

President & Chief Technology Officer, Mastercard Technology

Adoption

November 4, 2025

Up to 34,060 shares of Class A common stock underlying employee stock options

The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) November 4, 2026

Ling Hai, President, Asia Pacific, Europe, Middle East & Africa

Adoption

December 10, 2025

Up to 12,952 shares of Class A common stock underlying employee stock options

The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) February 26, 2027

Craig Vosburg, Chief Services Officer

Adoption

December 10, 2025

Up to 7,443 shares of Class A common stock

The earlier of (i) the date when all securities under the plan are sold and (ii) December 31, 2026

1Intended to satisfy the affirmative defense conditions of Rule 105b-1(c).

2Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

3The Rule 10b5-1 trading arrangement provides for the sale of a percentage of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by the Company to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Mr. Miebach’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of future vesting events. For purposes of this disclosure, we have reported the maximum aggregate number of shares to be sold without subtracting any shares to be withheld upon future vesting events.

Non-Rule 10b5-1 Arrangement Adopted

false

Rule 10b5-1 Arrangement Terminated

false

Non-Rule 10b5-1 Arrangement Terminated

false

Michael Miebach [Member]

Trading Arrangements, by Individual

Name

Michael Miebach

Title

President and Chief Executive Officer