Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 174

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 174
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interests and those of our stakeholders, LTIs will, depending on the applicable instrument, be subject to a vesting period. Additionally, the Board may impose share ownership guidelines. During any applicable holding period, the Executive Directors will be allowed to sell a portion of their shares to cover tax obligations. Adjustment and Recovery of Variable Compensation The Board has the authority to adjust the amount of variable compensation if payment thereof would be considered unacceptable according to standards of reasonableness and fairness (naar maatstaven van redelijkheid en billijkheid). The Board also has the authority to recover, in whole or in part, any variable compensation if payment thereof was based on incorrect information about: (i) the achievement of the financial 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