NEXON : Notice of Revision (Increase) of Dividend Forecast

	May 14, 2024
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:	03-6629-5318

Notice of Revision (Increase) of Dividend Forecast

NEXON Co., Ltd. ("Nexon") announced that its Board of Directors has today decided to revise the dividend forecast announced on February 8, 2024. The details are as follows.

1. Details of the revision

			Annual dividends (yen)
Record date	End of Q2		Year-end		Annual
Previous forecast
(announced on	5.00		5.00		10.00
February 8, 2024)
Revised forecast	7.50		7.50		15.00
FY2024 actual
FY2023 actual	5.00		5.00		10.00

2. Reason for the revision

Nexon recognizes that the return of profits to shareholders is an important management issue. Therefore, our policy is to conduct shareholder returns through measures including dividend of profits and share buybacks depending on the result of operations, upon careful review of the state of shareholders' equity, business results, revenue outlook and other factors.

Under this policy, in order to strengthen the return of profits to shareholders through dividends, we have revised our annual dividend forecast for the fiscal year ending December 31, 2024, by taking into account such factors as the result of operations and financial position and increased the dividends by ¥2.5 from the previous ¥5.0 to ¥7.5 per share (annual dividends of ¥15.0 per share).