Retirement of Stocks
1. Class and number of shares to be retired Common stock 1,500,717
Different classes of stocks -
2. Total number of shares issued Common stock 37,517,915
Different classes of stocks -
3. Par value per share (KRW) 500
4. Estimated amount of retirement (KRW) 74,828,751,054
5. Scheduled period of share buyback for retirement Start date -
End date -
6. Acquisition method of shares to be retired Treasury stock held
7. Scheduled retirement date 2022-08-17
8. Securities firms entrusted with share buyback -
9. Date of board resolution (decision date) 2022-08-08
- Attendance of outside directors Present (No.) 2
Absent (No.) 1
- Attendance of auditors (members of Audit Committee who are not outside directors) -
10. Subject to reporting to the Fair Trade Commission? Yes
11. Other matters to be factored into investment decisions 1. The stock retirement above is made in accordance with the proviso of Article 343 Paragraph 1 of the Commercial Act.

2. This stock retirement does not reduce the capital stock since the treasury stocks acquired within the scope of the Company's dividends are retired according to the board resolution.

3. The '4. Estimated amount of retirement (KRW)' above is based on the book value of the treasury stocks subject to retirement as of the date of board resolution.

4. The'7. Scheduled retirement date' above may change depending on the agreement between the contracting parties.

5. This disclosure substitutes for the disclosure related to the disposal of treasury share disposal.
※Related disclosure -

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NHN Corporation published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 03:25:06 UTC.