Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 226

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 226
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 Coincheck Parent requires a simple majority of the votes cast in the general meeting. If Coincheck Parent is dissolved, its liquidation will be carried out by the Board, unless the general meeting decides otherwise at the proposal of the Board. If Coincheck Parent is dissolved and its assets are liquidated, any assets remaining after all Coincheck Parent’s debts have been settled will be for the benefit of Coincheck Parent’s shareholders in proportion to the aggregate nominal value of the Ordinary Shares held by each of them. Board of Directors Board structure and composition Pursuant to the Articles of Association, Coincheck Parent will have a one -tierboard comprised of one or more executive directors and one or more non -executivedirectors. Subject to the approval of the general meeting, the Board will determine the number of executive and non -executivedirectors serving on the board, provided that the majority will consist of non -executivedirectors. The Board will initially be composed of nine members, and shall be composed as described in “ Management.” Independence As of the Business Combination, at least three directors on the Board shall qualify as independent under the listing rules of Nasdaq. Furthermore, the majority of the non -executivedirectors shall qualify as independent within the meaning of the DCGC. Nomination and appointment Pursuant to the Articles of Association, the directors will be appointed by Coincheck Parent’s general meeting upon a non -binding(non -exclusive) nomination by the board. In accordance with Dutch law, executive directors may not participate in the board’s deliberations and decision -makingprocess regarding such nomination. A resolution to appoint a director will require a majority of votes cast at the general meeting. Supplementary to the nomination provisions laid down in the Articles of Association, it has been agreed in the Nomination and Voting Agreement that, (i) until the second anniversary of the Closing Date, the Sponsor shall have a right to nominate two directors, each a Sponsor Nominee, to the board of Coincheck Parent without such nomination right being subject to a minimum holding requirement or any other terms and conditions, and (ii) from the second anniversary until the third anniversary of the Closing Date, for as long as the Sponsor Group satisfies the Minimum Holding Requirement, the Sponsor shall have a right to nominate one Sponsor Nominee, to the board of Coincheck Parent. The Board will nominate the Sponsor Nominees for appointment by Coincheck Parent’s general meeting in accordance with the preceding paragraph. Monex will agree to vote its shares in favor of the