February 20, 2020

Name of Company:

NEXON Co., Ltd.

Representative:

Owen Mahoney, Representative Director,

Chief Executive Officer and President

(Stock Code: 3659, TSE First Section)

Contact:

Shiro Uemura, Representative Director and

Chief Financial Officer

Telephone:

03-6629-5318

Notice of Dividends of Surplus

NEXON Co., Ltd. ("Nexon") (3659.TO) today announced that its Board of Directors has approved the payment of dividends of surplus as of the record date of December 31, 2019. The details are as follows:

1. Details of dividends

Most recent

Details decided

dividend forecast

FY2018 Actual

(as announced on

February 13, 2020)

Record date

December 31, 2019

Same as left

December 31, 2018

Dividend per share

2.50 yen

Same as left

0.00 yen

Total dividend

2,206 million yen

payment

Effective date

March 26, 2020

Dividend resource

Retained earnings

(Note) Total dividend payment shows an amount rounded to the nearest millions of yen.

2. Rationale

It is our policy to return our profits to shareholders through various means as appropriate to our business standing upon careful review of factors including the status of our shareholders' equity, management performance and earnings outlook.

In accordance with this policy, we have decided to pay out dividends of 2.50 yen per share for the fiscal year ended December 31, 2019, taking into consideration our business results, financial standing and other factors.

(Reference) Breakdown of annual dividends

Dividend per share (yen)

Record date

End of Q2

Year-end

Total

FY2019 Actual

0.00 yen

2.50 yen

2.50 yen

FY2018 Actual

0.00 yen

0.00 yen

0.00 yen

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Nexon Co. Ltd. published this content on 20 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 February 2020 12:13:21 UTC