Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 243

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 243
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 without prejudice to any amendments 
introduced at a later date and implemented with or without retroactive effect.
Any reference in this section made to Dutch taxes, Dutch tax or Dutch tax law should be construed as a 
reference to any taxes of any nature levied by or on behalf of the Netherlands or any of its subdivisions or taxing 

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authorities or to the law governing such taxes, respectively. The Netherlands means the part of the Kingdom of the 
Netherlands located in Europe.
Any reference made to a treaty for the avoidance of double taxation concluded by the Netherlands includes the 
Tax Regulation for the Kingdom of the Netherlands (Belastingregeling voor het Koninkrijk), the Tax Regulation for 
the State of the Netherlands (Belastingregeling voor het land Nederland), the Tax Regulations for the Netherlands 
and Curaçao (Belastingregeling Nederland Curaçao), the Tax Regulations for the Netherlands and St. Maarten 
(Belastingregeling Nederland Sint Maarten) and the Agreement between the Taipei Representative Office in the 
Netherlands and the Netherlands Trade and Investment Office in Taipei for the avoidance of double taxation.
This section does not describe any Dutch tax considerations or consequences that may be relevant where a 
holder of Ordinary Shares:
(i)     is an individual and the income or capital gains derived by a holder of Ordinary Shares from the 
Ordinary Shares are attributable to employment activities, the income from which is taxable in the 
Netherlands;
(ii)    has a substantial interest (aanmerkelijk belang) or a fictitious substantial interest (fictief aanmerkelijk 
belang) in Coincheck Parent within the meaning of chapter 4 of the Dutch Income Tax Act 2001 (Wet 
inkomstenbelasting 2001) (the “ITA”). Generally, a holder of Ordinary Shares has a substantial interest 
in Coincheck Parent if the holder of Ordinary Shares, alone or — in case of an individual — together 
with a partner for Dutch tax purposes, or any relative by blood or by marriage in the ascending or 
descending line (including foster-children) of the holder of Ordinary Shares or the partner, owns or 
holds, or is deemed to own or hold shares or certain rights to shares, including rights to directly or 
indirectly acquire shares, directly or indirectly representing 5% or more of Coincheck Parent’s issued 
capital as a whole or of any class of Ordinary Shares or profit participating certificates (winstbewijzen) 
relating