Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 62

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 62
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comply or explain” principle. Accordingly, public companies are required to disclose in

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their annual reports, filed in the Netherlands, whether they comply with the suggested governance provisions of the

DCGC. If a company does not comply with a principle or suggestion, it is required to give the reason. The DCGC

applies to all Dutch companies listed on a government-recognized stock exchange, whether in the Netherlands or

elsewhere, including Nasdaq. The principles and suggested governance provisions apply to our board of directors (in

relation to role and composition, conflicts of interest and independence requirements, board committees and

remuneration), shareholders and the general meeting (for example, regarding anti-takeover protection and our

obligations to provide information to our shareholders) and financial reporting (such as external auditor and internal

audit requirements). We aim to comply with all applicable provisions of the DCGC except where such provisions

conflict with U. S. exchange listing requirements or with market practices in the United States or the Netherlands.

This compliance position may affect your rights as a shareholder, and you may not have the same level of protection

as a shareholder in a Dutch company that fully complies with the suggested governance provisions of the DCGC.

It may be difficult to enforce U. S. judgments against us.

We are a company incorporated under the laws of the Netherlands, and nearly all of our assets are outside

of the United States. The majority of our directors and senior management and independent auditors reside outside

the United States, and all or a substantial portion of their respective assets may be located outside the United States.

As a result, it may be difficult for U. S. investors to effect service of process within the United States upon these

persons. It may also be difficult for U. S. investors to enforce within the United States judgments predicated upon the

civil liability provisions of the securities laws of the United States or any state thereof. In addition, there is

uncertainty as to whether courts outside the United States would recognize or enforce judgments of U. S. courts

obtained against us or our directors or officers predicated upon the civil liability provisions of the securities laws of

the United States or any state thereof. Therefore, it may be difficult to enforce U. S. judgments against us, our

directors and officers and independent auditors.

General Risk Factors

Adverse developments affecting the financial services industry, including events or concerns involving liquidity,

defaults or non-performance by