Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 205

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 6
Chunk 205
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 has entered into, and may in the future enter into, 
compensatory arrangements with certain of its executive officers in consideration for the services provided to the 
Company, which may include cash and equity components and customary benefits. Coincheck Parent entered into 
an employment agreement with its Chief Financial Officer on December 10, 2024, and with its Chief Legal Officer 
effective as of June 1, 2025.  

116

No LTI grants had been made to any executive officer as of March 31, 2025. The earliest partial vesting 
date for any grant made after March 31, 2025 (subject to accelerated vesting in the event of a termination without 
cause or a change in control) is March 31, 2026.  
Total Compensation Paid to All Directors and Officers of Coincheck Parent as a Group
For the fiscal year ended March 31, 2025, the total compensation paid to all directors and officers as a 
group, including executive officers who are not directors, was $997,794. 
Pay Ratio
The internal pay ratio for the fiscal quarter ended March 31, 2025 (the Company’s first full fiscal quarter 
following the completion of the Business Combination and Coincheck Parent’s listing on Nasdaq) is set out in the 
table below.

                                                    For Three Months Ended March 31, 2025
Total wage costs                                                                4,199,763
Chief Executive Officer labor cost                                                186,805
Total labor cost (Net of Chief Executive Officer)                               4,012,958
Full time equivalent                                                                  236
Average cost                                                                       17,004
Pay Ratio                                                                          11.0:1
This internal pay ratio, based on the Dutch Corporate Governance Code, is calculated as the ratio between 
(i) the total annual compensation of the Chief Executive Officer and (ii) the average annual compensation of the 
employees of Coincheck Parent and the group companies whose financial data Coincheck Parent consolidates, 
where:
•the total annual compensation of the Chief Executive Officer includes all compensation components, as
included in the consolidated financial statements;
•the average annual compensation of the employees is determined by dividing the total wage costs in
the financial year (as included in the consolidated financial statements) by the average number of full
time equivalent during the fiscal year; and
•the value of the share-based compensation is determined at the time of assignment, in line with the
applicable rules under the applied reporting requirements