AfreecaTV : Decision on Cash Dividend and Dividend in Kind

Decision on Cash Dividend and Dividend in Kind

1. Dividend Type	Year-end Dividend
2. Dividend in Distribution	Cash Dividend
- Details of Dividend in Kind	-
3. Dividend per Share(KRW)	Common Shares	730
Different Classes of Shares	-
- Difference Dividend	No
4. Dividend Ratio to Market Value (%)	Common Shares	0.4
Different Classes of Shares	-
5. Total Dividend Amount(KRW)	8,046,902,420
6. Dividend Record Date	2021-12-31
7. Scheduled Dividend Payment Date	-
8. Approving institution	Shareholders' Meeting
9. Scheduled Date of Shareholders' Meeting	-
10. Date Of Board Of Directors Resolution(Decision Date)	2022-02-10
- Attendance of Outside Directors	Present(No.)	1
Absent(No.)	-
- Attendance of Auditors(members of Audit Committee)	Present
11. Other references useful for making investment decisions
- The dividend is subjected to change based on final review by an independent auditor and the resolution of Annual shareholders' meeting. - Dividend ratio to market value is calculated by dividing dividend per share by market price. Market price is calculated by taking the average of one-week closing price starting from 2 trading days before the record date. - The total dividend amount is computed based on the number of Outstanding shares (11,494,767 shares) recognized in the record date less Treasury shares(471,613 shares). The dividend will be paid within one month after the final approval of Annual Shareholders' meeting under Article 464-2 of the Commercial Act.
※ Title and date of other disclosure related to this one	-