Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 228

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 228
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 temporary replacement, the general meeting may temporarily entrust the performance of the duties of the non -executivedirectors or the directors, as the case may be, to one or more individuals who shall, without delay, proceed with taking the required measures to fill the vacancies. Additionally, the Nomination and Voting Agreement provides that the Sponsor will have the right to designate a person to the board to be appointed as temporary director, if a vacancy has arisen as a result of a Sponsor Nominee ceasing to be in office or a Sponsor Nominee being unable to act, but only if and to the extent that the Sponsor has the right to nominate a Sponsor Nominee for such vacancy pursuant to the Nomination and Voting Agreement. The Sponsor has such nomination right in case a Sponsor Nominee ceases to be a director prior to the second anniversary of the Closing Date, and between the second and third anniversary of the Closing Date if the Sponsor Group satisfies the Minimum Holding Requirement and the board no longer comprises of any Sponsor Nominees. Board duties The executive directors serving on the Board will primarily be responsible for all day -to -daymanagement and operations of Coincheck Parent. The non -executivedirectors will, among other things, supervise the executive directors’ policy and performance of duties and Coincheck Parent’s general affairs and its business, and will render their advice and direction to the executive directors. The non -executivedirectors will furthermore perform any duties allocated to them under or pursuant to Dutch law or the Articles of Association. The executive directors will timely provide the non -executivedirectors with all information they need in order to properly carry out their duties. The Board may allocate its duties and powers among its members and the committees of the board in or in accordance with the board regulations or otherwise in writing. 153 Titles and roles The Board may in its discretion grant its members titles. The members of the initial Board will have the titles as reflected opposite their names in section “ Management.” The non -executivedirector that is granted the title Lead Non -ExecutiveDirector will have the responsibilities of the chair ( voorzitter) as referred to under Dutch law. Board Committees The Board will have the following standing committees: (i) Audit Committee, (ii) Compensation Committee, (iii) Nominating and Corporate Governance Committee, and (iv) Risk Committee. The Board may from time to time by resolution establish and maintain other committees (whether standing or ad hoc). The regulations applicable to the committees of the Board will