Notice of Matters Relating to Controlling Shareholder, etc.

Nexon Co., Ltd. maintains a significant corporate relationship with NXC Corporation, which serves as its primary affiliated entity. As of December 31, 2025, NXC Corporation holds a total voting interest of 46.9 percent in Nexon, comprised of 31.3 percent held directly and 15.6 percent held through other consolidated financial instruments. This ownership structure classifies NXC Corporation as a controlling shareholder, though the two entities operate in distinct sectors; while Nexon focuses on the online gaming industry, NXC Corporation and its other subsidiaries primarily engage in investment and non-gaming business activities.

The operational relationship between the two companies is defined by a formal trademark licensing agreement. Nexon and several of its key international subsidiaries, including NEXON Korea Corporation and Nexon America Inc., utilize the NEXON brand name under a licensing arrangement with NXC Corporation. Under the terms of these agreements, Nexon pays a recurring license fee calculated as a specific percentage of its total revenue. The contract includes provisions that grant Nexon the right to extend the licensing agreement, ensuring continued access to the trademark for its global operations.

This disclosure serves to clarify the governance and financial ties between the listed entity and its controlling shareholder. By outlining the ownership percentages and the nature of the trademark licensing, the company provides transparency regarding its corporate structure and the material financial obligations resulting from its affiliation with NXC Corporation. These arrangements remain a central component of Nexon’s operational framework as it continues to manage its brand identity and market presence within the global gaming sector.