NEXON : Status Report and End of Share Buyback Program

January 27, 2026

Name of Company: NEXON Co., Ltd.

Representative: Junghun Lee, Representative Director,

President and Chief Executive Officer (Stock Code: 3659, TSE Prime Market)

Contact: Shiro Uemura, Representative Director

and Chief Financial Officer

Telephone: [phone]

Status Report and End of Share Buyback Program

(Share buyback based on the stipulation of the Articles of Incorporation pursuant to Article 165(2) of the Companies Act)

NEXON Co., Ltd. ("Nexon") today announced the status of its share buyback program, implemented pursuant to Article 156 and Article 165(3) of the Companies Act of Japan, as follows.

Nexon also announced the end of this share buyback program based on the resolution of its Board of Directors on November 11, 2025.

1. Acquisition period: January 1, 2026 to January 28, 2026 (delivery basis)

2. Class of shares: Ordinary shares of Nexon

3. Total number of shares acquired: 2,234,300 shares

4. Total amount: JPY 9,312,217,700

5. Acquisition method: Purchase at market on the Tokyo Stock Exchange

(Reference)

1. Details of resolution of the Board of Directors on November 11, 2025:

   1. Class of shares: Ordinary shares of Nexon

   2. Total number of shares to be acquired:

      10,000,000 shares (at maximum)

      (1.3% of the total number of shares outstanding excluding treasury shares)

   3. Total acquisition cost: JPY 25 billion (at maximum)

   4. Acquisition period: November 12, 2025 to January 26, 2026

   5. Acquisition method: Purchase at market on the Tokyo Stock Exchange

2. Aggregate amount of Nexon shares repurchased based on the board resolution above (delivery basis)

   1. Total number of shares acquired: 6,440,100 shares

   2. Total amount: JPY 24,999,781,900