NEXON : Notice of Share Buyback Program (Share buyback in accordance with the Articles of Incorporation pursuant to Article 165(2) of the Companies Act)

		November 19, 2021
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 Share Buyback Program

(Share buyback in accordance with the Articles of Incorporation

pursuant to Article 165(2) of the Companies Act)

NEXON Co., Ltd. ("Nexon") today announced that its Board of Directors has approved a share buyback program, pursuant to Article 156, as replaced and applied mutatis mutandis pursuant to the provision of Article 165(3), of the Companies Act of Japan, with the following details:

1. Purpose of share buyback program:
   To improve capital efficiency and to implement flexible capital management policy
2. Details of share buyback program:

(1)	Class of stock:	Common shares of Nexon
(2)	Total number of shares to	26,000,000 shares (at maximum)
	be acquired:	(2.9% of the total number of shares outstanding
		excluding treasury shares)
(3)	Total acquisition cost:	JPY 40 billion (at maximum)
(4)	Acquisition period:	November 22, 2021 to April 28, 2022
(5)	Acquisition method:	Purchase at market on the Tokyo Stock Exchange

(Reference) Status of treasury shares as of October 31, 2021
Number of outstanding shares excluding
treasury shares:	898,268,402 shares
Number of treasury shares:	67 shares