Status Report of Share Buyback Program

Nexon Co., Ltd. is executing a strategic share buyback program to manage capital allocation and enhance shareholder value. This initiative, authorized by the Board of Directors on May 14, 2026, operates under the provisions of the Companies Act of Japan and involves the acquisition of ordinary shares through market purchases on the Tokyo Stock Exchange. The program is scheduled to run from May 15, 2026, through July 31, 2026, with a maximum authorization of 14 million shares or a total expenditure of JPY 30 billion.

During the month of June 2026, the company acquired 5,061,400 ordinary shares at a total cost of JPY 11,230,142,950. These transactions contribute to a broader cumulative progress since the program’s inception. From the commencement of the buyback on May 15, 2026, through June 30, 2026, Nexon has successfully repurchased an aggregate of 7,957,400 shares, representing a total investment of JPY 17,750,270,600.

The current progress indicates that the company is effectively utilizing its authorized capital to reduce the number of outstanding shares, which initially accounted for 1.8% of the total shares outstanding excluding treasury stock. By maintaining a consistent acquisition pace on the Tokyo Stock Exchange, the company remains well within its established financial and volume limits as it approaches the July 31, 2026, conclusion date for the program. This systematic approach reflects the company's ongoing commitment to its capital management strategy within the Japanese equity market.