NHN Corporation

10/04/2024 | Press release | Distributed by Public on 10/03/2024 23:56

Matters Related to Ad Hoc Public Disclosure Obligation (Fair Disclosure)

Matters Related to Ad Hoc Public Disclosure Obligation (Fair Disclosure)
1. Details of information Disclosure title Shareholder Return policy for FY2025
Summary of ad-hoc public disclosure [Shareholder Return policy]

1. Purpose: Improving shareholder value with shareholder return policy for FY2025

2. Method of shareholder return : cash dividend, treasury stock acquisition and retirement
- Cash dividend: dividends at the level of the previous fiscal year

- Treasury stock: purchase of treasury stocks equivalent to 3% of total issued shares, followed by retirement
Expected ad-hoc public disclosure date & time -
2. Details of information release Information providers NHN Corp. IR Team
Information recipients Analysts, institutional investors, press and individuals
Date & time of information release After the fair disclosure
Title and place of event held -
3. Contact points (department/phone number) NHN Corp. IR Team (1544-6859)
4. Other matters to be factored into investment decisions
- Above Shareholder Return policy was established to maintain predictability and is subject to change depending on future management environment & other conditions.

- Regarding the '2. Method of shareholder return' of '1. Details of information' above, the specific amount and timing will be confirmed and disclosed after the board resolution at a later date.

- Regarding the '2. Method of shareholder return' of '1. Details of information' above, the dividend amount paid after approval at the annual shareholders' meeting in March 2024 is 500 KRW per share, and the total number of shares issued by the company as of today is 33,766,123 shares.

- The above shareholder return policy will be applied for one year from 2025, and the subsequent shareholder return policy is scheduled to be announced in 2025.
※ Related disclosure -