Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 226

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 226
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Board will determine the number of executive and non-executive directors serving on the Board, provided that the 
majority will consist of Non-Executive Directors. The Board currently is currently composed of nine members. 
Independence
At least three directors on the Board shall qualify as independent under the listing rules of Nasdaq, and the 
majority of the Non-Executive Directors shall qualify as independent within the meaning of the DCGC.
Nomination and Appointment
Pursuant to the Articles of Association, the directors will be appointed by Coincheck Parent’s general meeting 
upon a non-binding (non-exclusive) nomination by the Board. In accordance with Dutch law, Executive Directors 
may not participate in the Board’s deliberations and decision-making process regarding such nomination. A 
resolution to appoint a director will require a majority of votes cast at the general meeting.

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Term of Appointment
Unless resolved otherwise by Coincheck Parent’s general meeting at the proposal of the Board, directors will 
be subject to annual re-election and will be appointed for a term ending at the close of the first annual general 
meeting of Coincheck Parent held following their appointment.
Suspension and Dismissal
Coincheck Parent’s general meeting may at all times suspend or dismiss a director of Coincheck Parent. 
Pursuant to the Articles of Association, a resolution to suspend or dismiss a director will require a majority of the 
votes cast in a general meeting. The Board may at all times resolve to suspend an Executive Director.
Vacancies and Inability to Act
Pursuant to the Articles of Association, in case of any vacancy on the Board or the inability to act of a director, 
a temporary director may be designated by the Board. The temporary replacement will hold office until the earlier of 
(i) his death, disability, retirement, resignation, disqualification or dismissal from the Board, (ii) the end of the next 
annual general meeting (or such general meeting convened earlier to fill the vacancy) and (iii) such time as the 
vacancy, or inability of the director, in respect of which he or she was designated as temporary replacement is 
resolved.
Board Duties
The Executive Directors serving on the Board will primarily be responsible for all day-to-day management 
and operations of Coincheck Parent. The Non-Executive Directors will, among other things, supervise the Executive 
Directors’ performance of duties and Coincheck Parent’s general affairs and its business, and will render their 
advice and direction to the Executive Directors