Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 174

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 174
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 and/or change of control protections. Base Salary The base salary is cash -basedcompensation and is set at a level that contributes to the objectives of the Remuneration Policy. The amount may vary depending on the Executive Director’s role and responsibilities on the Board, as well as skills, expertise and professional background of the Executive Director. Variable Compensation Executive Directors may be granted variable compensation in the form of short -termand long -term(equity) incentives. Variable compensation aims to promote the achievement of our strategic short and long -termperformance objectives. The variable compensation of Executive Directors is determined annually by the Board, in accordance with the Remuneration Policy, any applicable (equity) incentive plan or other compensation arrangement. 115 Short-Term Incentives The goal of the short -termvariable compensation is to promote the achievement of our strategic short -termperformance objectives. A short -termincentive (STI) generally consists of an annual performance -basedcash bonus. STI comprises performance -basedcompensation that is linked to the attainment of predetermined performance targets that promote the achievement of our strategic short -termperformance objectives and may include both financial and non -financialperformance targets. Long-Term Incentives A long -termincentive (LTI) generally consists of a performance -basedequity award. LTI generally comprises performance -basedcompensation that is linked to the attainment of predetermined performance targets that promote the achievement of our strategic long -termperformance objectives which generally include financial and non -financialperformance targets. The Board retains the discretionary authority to grant LTIs that are solely or in part subject to service -basedvesting criteria. LTIs are granted under our equity incentive plan as in effect from time to time. To ensure alignment between the interests of the Executive Directors and our long -terminterests and those of our stakeholders, LTIs will, depending on the applicable instrument, be subject to a vesting period. Additionally, the Board may impose share ownership guidelines. During any applicable holding period, the Executive Directors will be allowed to sell a portion of their shares to cover tax obligations. Adjustment and Recovery of Variable Compensation The Board has the authority to adjust the amount of variable compensation if payment thereof would be considered unacceptable according to standards of reasonableness and fairness (naar maatstaven van redelijkheid en billijkheid). The Board also has the authority to recover, in whole or in part, any variable compensation if payment thereof was based on incorrect information about: (i) the achievement of the financial