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Kevin A. Mayer to Join Nexon�s Board of Directors

TOKYO--(BUSINESS WIRE)--NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in online games, has announced the nomination of Kevin A. Mayer as an external director to its board. In accordance with the Japanese Companies Act, Kevin�s election as a board member will be voted on at Nexon�s annual shareholders meeting in March 2021.

�We are thrilled to have Kevin join Nexon�s Board of Directors,� said Owen Mahoney, President and CEO of Nexon. �As Disney�s Chief Strategy Officer, Kevin was one of the key architects of the brand and franchise flywheel that reinvigorated Disney as a global entertainment powerhouse. And as CEO of TikTok, he was at ground zero in the creation of a whole new form of interactive entertainment. We believe his vision and counsel will accelerate Nexon�s path to becoming one of the world�s premiere entertainment companies.�

�Nexon is a global leader in the rapidly expanding entertainment category of Virtual Worlds,� said Kevin Mayer. �Nexon�s unique ability to create entertainment properties that continue growing over decades positions the company for continued rapid growth across new technologies, platforms and markets.�

Mr. Mayer is a distinguished executive in global entertainment, credited with the formation and management of successful companies in motion pictures, television, cable and streaming. As Chief Strategy Officer for the Walt Disney Company, Mr. Mayer led major acquisitions including Pixar, Marvel Entertainment, Lucasfilm and Fox. In 2018 he was named chairman of Walt Disney Direct-to-Consumer & International, a newly created division of the company where he was responsible for the highly successful launches of Disney+, ESPN+, Hulu, the Star/Hotstar operations in India, international channels, studio operations, global ad sales and distribution. More recently, Mr. Mayer served as COO of ByteDance Ltd. and CEO of TikTok.

About NEXON Co., Ltd. http://company.nexon.co.jp/en/

Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a company engaged in the production, development and operation of online games and Virtual Worlds. First listed on the Tokyo Stock Exchange in December 2011, Nexon was placed on JPX400 in 2015 and added to the Nikkei Stock Index 300 in 2017. In 2020, Nexon was added to the Nikkei 225. Nexon currently has more than 60 live games on multiple platforms including mobile and available in more than 190 countries. Major game franchises include MapleStory, KartRider and Dungeon&Fighter.

Contacts

NEXON Co., Ltd. Corporate PR

Chase Colasonno

[email protected]

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