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Investor Presentaiton

Q3 2022 Financial Outlook Expect Group Revenues to Grow Y/Y Driven by Growth of Major Franchises and New Mobile Titles in Korea Revenues Operating Income Net Income5 • Constant currency up 13% to 22% • PC2: Growth driven by FIFA ONLINE 43, and Korea MapleStory • Mobile: Expect to benefit from Dungeon&Fighter Mobile and HIT2, scheduled to launch in Korea on August 25 . Expect a Y/Y increase driven by revenue growth Expect increased variable costs, HR costs4, and marketing costs as well as server costs • Expect a Y/Y decrease • In Q3 2021, we recorded an ¥16.1 billion FX gain primarily on U.S. dollar-denominated cash deposits and a revaluation gain of ¥1.7 billion due to movements in the market price of bitcoin (Unit: millions, except per share data) Q3 2021 Q3 2022 Outlook YoY % Revenues PC2 ¥75,890 ¥96,039 ¥104,038 27% 2 37% 57,278 67,298 72,221 17% 26% Mobile 18,612 28,741 31,817 54% 71% (Unit: \ billions) Q3 Accumulated (High-end) Revenues Operating Income Net Income 5 279.2 Operating income 29,835 30,143 36,635 1% 23% Net income5 37,902 21,559 26,395 (43%) (30%) 220.2 104.0 Earnings per share 42.44 24.94 30.53 75.9 FX Rate Assumptions 100 KRW/JPY CNY/JPY USD/JPY 9.51 10.48 10.48 10% 17.02 20.32 20.32 110.11 136.79 136.79 19% 24% 84.1 56.0 97.8 88.6 92.9 91.4 36.6 29.8 37.9 26.4 15.4 22.7 9.0 24.7 88.3 91.0 43.3 38.5 46.0 40.3 Forex sensitivity: Every one Japanese yen move against the U.S. dollar would have the following impact on our financials for Q3 2022 Revenues Operating Income 0.72 billion yen 0.26 billion yen 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 2022 2 PC revenues include other revenues besides PC online games and mobile games 3 Official title is EA SPORTS™ FIFA ONLINE 4 (PC). 4 HR costs includes HR cost (COGS), HR cost (SG&A) and R&D (SG&A). 5 Net income refers to net income attributable to owners of the parent. 2021 2022 2021 2022 6 In most situations, the exchange rates of both the South Korean Won and the Chinese Yuan are linked to the U.S. Dollar. For simplicity, forex sensitivity is calculated based on the assumption that Korean Won and Chinese Yuan move similarly against Japanese Yen when there is an exchange rate movement in U.S. Dollar and Japanese Yen. © 2022 NEXON Co., Ld. All Rights Reserved. 14
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