Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 245

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 245
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 an entity that is tax resident in the Netherlands that is not subject to 
Dutch corporate income tax, or (y) is an entity which (a) is a resident in a member state of the European 
Union (“EU”), or a state that is a party to the Agreement on the European Economic Area (“EEA”; 
Iceland, Liechtenstein or Norway) or, to the extent that it concerns shares that are held as a portfolio 
investment, another state that has been designated by means of a ministerial decree as a state with which 

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the Netherlands can exchange information in line with the international standard on exchange of 
information, (b) is not subject to a profit tax levied by that state and (c) would not have been subject to 
Dutch corporate income tax had that entity been resident in the Netherlands, and such holder of Ordinary 
Shares has obtained a formal decision from the Dutch tax authorities stating that these requirements are 
met (kwalificatiebeschikking);
(vii)  is an entity that is related (gelieerd) to Coincheck Parent within the meaning of the Withholding Tax 
Act 2021 (Wet bronbelasting 2021). An entity is considered related if (i) it holds, directly or indirectly, a 
Qualifying Interest in Coincheck Parent, (ii) Coincheck Parent, directly or indirectly, holds a Qualifying 
Interest in the holder of Ordinary Shares, or (iii) a third party holds, directly or indirectly, a Qualifying 
Interest in both Coincheck Parent and the holder of Ordinary Shares. An entity is also considered related 
to Coincheck Parent if the entity is part of a qualifying unity (kwalificerende eenheid) of entities that 
jointly directly or indirectly holds a Qualifying Interest in Coincheck Parent. The term Qualifying 
Interest means a directly or indirectly held interest — either by an entity individually or jointly if an 
entity is part of a Qualifying Unity — that enables such entity or such Qualifying Unity to exercise a 
definite influence over another entities’ decisions, such as Coincheck Parent or the holder of Ordinary 
Shares as the case may be, and allows it to determine the other entities’ activities. The term Qualifying 
Unity means a cooperation between entities that has as the main purpose or one of the main purposes the 
avoidance of Dutch withholding tax levied pursuant to the Withholding Tax Act 2021;
(viii) is an entity which is