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Investor Presentaiton

CEO Message Summary 1 Delivered strong Q1 2 3 Driven by the strength of Virtual Worlds Up 7% as-reported; up 3% in constant currency¹ Virtual Worlds offer long-term revenue growth Step-function growth opportunities with new Virtual Worlds Steady, if non-linear, growth over years and decades Nexon is uniquely advantaged with teams experienced in building and growing Virtual Worlds Preparing launches of new Virtual Worlds like Mobile Dungeon & Fighter, KartRider: Drift and new games from our Embark Studios ☐ These provide step-change potential for earnings growth - Lapping the success of 2020 will be challenging - Near-term trends affected by several factors Anticipate short-term declines as the world exits the pandemic, depending on the region and game Committed to providing greater transparency on value probabilities for in-game purchases 1 Constant currency is a non-GAAP measure used to show performance unaffected by fluctuations in foreign currency exchange rates. Constant-currency basis amounts are calculated using the average foreign currency exchange rates for the comparable period in the prior year and applied to the current period. As an example, we calculate royalty revenues from China Dungeon&Fighter by applying the same CNY/USD, USD/KRW and KRW/JPY exchange rates from last year's same fiscal quarter. 2021 NEXON Co., Ltd. All Rights Reserved. 3
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