Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 175

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 175
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 or non -financialobjectives underlying the variable compensation or (ii) the circumstances on which the variable compensation was contingent. In addition, we may recover variable compensation pursuant to our clawback policy, as adopted on December 10, 2024 in compliance with Nasdaq rules. Other Benefits Executive Directors are eligible to receive customary fringe benefits. The provision of fringe benefits aims to enhance the attractiveness of our compensation and benefits and to align with industry standards and best practices. We also have in place appropriate directors and officers (D&O) liability insurance for the benefit of the Executive Directors (which also covers Non -ExecutiveDirectors and officers who are not also directors). The liability insurance has been obtained from a reputable insurance provider and, in our view, provides adequate coverage limits and scope of protection in line with industry standards. Additionally, Executive Directors will be entitled to indemnification by Coincheck Parent, including through customary indemnification agreements. Loans and Guarantees We do not grant any loans, guarantees or similar benefits to Executive Directors. Severance Payment Executive Directors may be eligible for a severance payment upon termination of their employment. Executive Directors will not be eligible for a severance payment in the event of (i) early termination at their own initiative, (ii) termination for cause, or (iii) due to seriously culpable or negligent behavior on the part of the Executive Director. Compensation of Non-Executive Directors On the basis of the Remuneration Policy objectives, the compensation of the Non -ExecutiveDirectors consists of the elements discussed below. Non -ExecutiveDirector compensation is determined by the Non -ExecutiveDirectors. 116 Generally, Non -ExecutiveDirectors are awarded a fixed annual fee, which may be payable in cash and/or equity awards. Non -ExecutiveDirector compensation seeks to align with their roles and responsibilities on the Board and its committees, as well as the time devoted to their duties and responsibilities. Annual Cash Retainer Each Non -ExecutiveDirector may be eligible to receive an annual cash retainer of up to $150,000 (which may be prorated if the term of service is less than a full year). Any annual cash retainer will be paid in quarterly or monthly arrears. There are no separate fees for attending meetings of the Board or any committee. The Lead Non -ExecutiveDirector may be eligible for an additional annual cash retainer of up to $30,000. Committee Annual Cash Retainer Each Non -ExecutiveDirector serving on one of the Board committees receives an annual fee (which may be prorated