NEXON : Status Report of Share Buyback Program

December 1, 2025

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 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:

1. Acquisition period: November 12, 2025 to November 30, 2025 (delivery basis)

2. Class of shares: Ordinary shares of Nexon

3. Total number of shares acquired: 1,654,300 shares

4. Total amount: JPY 6,045,852,900

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 from the date of the board resolution above to November 30, 2025 (delivery basis)

   1. Total number of shares acquired: 1,654,300 shares

   2. Total amount: JPY 6,045,852,900