Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 115

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 115
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 with IFRS as issued by the IASB and in its presentation and reporting currency of Japanese yen. The historical financial statements of Thunder Bridge have been prepared in accordance with U.S. GAAP and in its presentation and reporting currency of U.S. Dollars. IFRS differs from U.S. GAAP in certain material respects and thus may not be comparable to financial information presented by U.S. companies. However, it was determined that there were no adjustments required to convert Thunder Bridge’s historical statements of operations from U.S. GAAP to IFRS or to align Thunder Bridge’s accounting policies to those applied by Coincheck. The financial statements of Thunder Bridge have been translated into Japanese yen for the purposes of presentation in the unaudited pro forma condensed combined financial statements (“As Converted”) using the following exchange rates: •The average exchange rate for the period April1, 2024 through December31, 2024 of $1.00 to ¥152.9763 for the unaudited pro forma condensed combined statement of profit or loss and other comprehensive income for the nine months ended December31, 2024; •The average exchange rate for the period April1, 2023 through March31, 2024 of $1.00 to ¥144.0376 for the unaudited pro forma condensed combined statement of profit or loss and other comprehensive income for the year ended March31, 2024. 65

BB.Reflects the elimination of interest earned on marketable securities held in the trust account. CC.Reflects the pro forma adjustment to record the nonrecurring compensation expense and tax benefit related to additional compensation to be paid to Coincheck directors. This compensation expense is subject to a service period extending one year from Closing, at which time the compensation will be paid. This expense is considered to be nonrecurring as it will be fully recognized in the first year following Closing. 3 . Net Profit per Share Represents the net profit per share calculated using the historical weighted average shares outstanding, and the issuance of additional shares in connection with the Business Combination and other related events, assuming such additional shares were outstanding since April 1, 2023. As the Business Combination and related transactions are being reflected as if they had occurred at the beginning of the periods presented, the calculation of weighted average shares outstanding for basic net profit per share assumes the shares issued in connection with the Business Combination have been outstanding for the entire periods presented. Coincheck settled all of its stock options prior to Closing. As such,