Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 223

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 223
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 A Japanese holder of Ordinary Shares or Warrants that qualifies for an exemption from, or a reduction of, Dutch dividend withholding tax may generally claim (i) an exemption or reduction at source, or (ii) a refund, by making the requisite filings within five years after the end of the calendar year in which the Dutch dividend withholding tax was levied. According to Dutch domestic anti -dividendstripping rules, no credit against Dutch tax, exemption from, reduction, or refund of Dutch dividend withholding tax will be granted if the recipient of the dividends paid by Coincheck Parent is not considered to be the beneficial owner ( uiteindelijk gerechtigde) of those dividends. The DWTA provides for a non -exhaustivenegative description of a beneficial owner. According to the DWTA, a holder of Ordinary Shares will not be considered the beneficial owner of the dividends if as a consequence of a combination of transactions: (i)a person other than the holder of Ordinary Shares or Warrants wholly or partly, directly or indirectly, benefits from the dividends; (ii)whereby this other person retains or acquires, directly or indirectly, an interest similar to that in the Ordinary Shares on which the dividends were paid; and (iii)that other person is entitled to a credit, reduction or refund of Dutch dividend withholding tax that is less than that of the holder of Ordinary Shares or Warrants. In general terms, the burden of proof with respect to beneficial ownership of dividends distributed by Coincheck Parent for an exemption from or a reduction of Dutch dividend withholding tax rests with the holder of Ordinary Shares or Warrants. For a credit against Dutch taxes or a refund of Dutch dividend withholding taxes, the burden of proof rests with the Dutch tax authorities unless the holder of Ordinary Shares or Warrants would receive dividends, including dividends on the Ordinary Shares, in a calendar or financial year in respect of which an aggregate amount of more than €1,000 in Dutch dividend withholding tax would be due based on the rate of 15%. 148 Taxes on Income and Capital Gains Residents of the Netherlands The description of certain Dutch tax consequences in this section is only intended for the following holder of Ordinary Shares or Warrants: (i)individuals who are resident or deemed to be resident in the Netherlands (“Dutch Resident Individuals”); and (ii)entities or enterprises that are subject to the CITA and are resident or deemed to be resident in the Netherlands (“Dutch Resident Corporate Entities”). Dutch Resident Individuals engaged or deemed to be engaged in an enterprise or in