NC buys back shares from stock purchase claims exercised after corporate split

378,434 Shares Acquired as Treasury Stock

NCSoft has decided to purchase the shares resulting from the exercise of the stock purchase rights related to the corporate split as treasury stock.

On the 4th, NCSoft disclosed the results of the stock purchase rights exercise through a voluntary disclosure.

NCSoft will accept all requests for stock purchase rights from shareholders related to the corporate split and the establishment of the new company, and plans to proceed with the corporate split as scheduled.

The 378,434 shares (KRW 72,792,810,000) acquired through the stock purchase rights will be obtained as treasury stock. These will be used as funds for mergers and acquisitions (M&A) to maximize corporate value.

If the treasury stock exceeds a 10% stake, NCSoft will consider canceling the shares to enhance shareholder value.

Accordingly, the unlisted new companies NC QA and NC IDS will be established as scheduled on October 1.