INVESTOR PRESENTATION

Q1 2021 Owen Mahoney President and CEO Shiro Uemura CFO

May 12, 2021 NEXON Co., Ltd.

CEO Highlights

CEO Message Summary

1

Delivered strong Q1

  • Driven by the strength of Virtual Worlds
  • Up 7% as-reported; up 3% in constant currency1

2

Virtual Worlds offer long-term

-

Steady, if non-linear, growth over years and decades

-

Nexon is uniquely advantaged with teams experienced

revenue growth

in building and growing Virtual Worlds

3

Step-function growth opportunities with new Virtual Worlds

  • Preparing launches of new Virtual Worlds like Mobile Dungeon&Fighter, KartRider: Drift and new games from our Embark Studios
  • These provide step-change potential for earnings growth

4

- Lapping the success of 2020 will be challenging

Near-term trends affected by

- Anticipate short-term declines as the world exits the

pandemic, depending on the region and game

several factors

- Committed to providing greater transparency on value

probabilities for in-game purchases

1 Constant currency is a non-GAAP measure used to show performance unaffected by fluctuations in foreign currency exchange rates.Constant-currency basis amounts are calculated using the average foreign currency exchange rates for the comparable period in the prior year and applied to the current period. As an example, we calculate royalty revenues from China Dungeon&Fighter by applying the same CNY/USD, USD/KRW and KRW/JPY exchange rates from last year's same fiscal quarter.

© 2021 NEXON Co., Ltd. All Rights Reserved. 3

CFO Highlights

Q1 2021 Results

© 2021 NEXON Co., Ltd. All Rights Reserved. 5

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Nexon Co. Ltd. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 06:17:03 UTC.