NEXON : Notice Regarding No Dividends of Surplus (Interim Dividends)

	August 8, 2019
Name of Company:	NEXON Co., Ltd.
Representative:	Owen Mahoney, Chief Executive Officer
	and President
	(Stock Code: 3659, TSE First Section)
Contact:	Koji Abe, Administration Division
Telephone:	Manager
03-6629-5318

Notice Regarding No Dividends of Surplus (Interim Dividends)

TOKYO - August 8, 2019 - NEXON Co., Ltd. ("Nexon") (3659.TO) today announced that its Board of Directors has decided not to pay dividends of surplus (interim dividends) to shareholders as of the record date of June 30, 2019. Details are as follows:

1. Details of dividends

	Amount resolved	Recent dividend forecast	Results for the previous
		(Announced on May 10,	fiscal year
		2019)	(Fiscal year ended
			December 31, 2018)
Record date	June 30, 2019	Same as left	June 30, 2018
Dividend per share	0.00 JPY	To be determined	0.00 JPY
Total dividend	－	－	－
payment
Effective date	－	－	－
Source of dividends	－	－	－

2. Rationale

Nexon recognizes that the return of profits to shareholders is an important management issue, but even more than that, we would like to review and execute effective investments for proactive business development for future growth, such as the expansion of our existing business and development of new businesses, M&As or acquisition of game publishing rights, for the purpose of strengthening our management base and enhancing our business going forward. Therefore, Nexon's policy is to suspend dividend payouts for the near future and retain the flexibility to continue our growth investments in our global operations. As a result of careful reviews, we have decided not to pay out dividends of surplus (Interim Dividends) for the fiscal year ended December 31, 2019 as well, based on this policy.