Nexon Signs Publishing Agreement with Blizzard Entertainment for Overwatch® in Korea

Nexon Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director and President: Lee Jung-hun; TSE: 3659; hereinafter "Nexon") announced that its consolidated subsidiary, NEXON Korea Corporation (Location: Seongnam-si, Gyeonggi-do, Korea; Co-Representative Directors and Presidents: Kang Dae-hyun, Kim Jung-wook; hereinafter "Nexon Korea"), has signed a publishing agreement with Blizzard Entertainment, Inc. (Location: California, USA; President: Johanna Faries; hereinafter "Blizzard") regarding the PC service of the popular online multiplayer game "Overwatch®" in Korea. Nexon Korea is scheduled to take over the publishing operations for this title in Korea from Blizzard within the year. Other details of the agreement are undisclosed.

"Overwatch®," since its initial release in 2016, has been known as one of Blizzard's flagship franchises, with over 100 million cumulative players worldwide. Set in a hopeful and bright future, the game features diverse heroes and fast-paced, strategic gameplay.

**Nexon Co., Ltd.** https://www.nexon.co.jp/ Founded in 1994, Nexon (Headquarters: Minato-ku, Tokyo) is a company that produces, develops, and distributes online games. It was listed on the First Section of the Tokyo Stock Exchange in December 2011 and is included in the JPX-Nikkei Index 400, Nikkei Stock Average 300, and Nikkei 225 stock indices. Currently, it offers over 40 games, including its representative titles "MapleStory," "Mabinogi," and "Dungeon Fighter Online," for PC, console, and mobile in over 190 countries and regions. In 2024, it formulated an IP growth strategy consisting of two axes: vertical growth through providing new experiences in key franchises, and horizontal growth to create the next pillar in Nexon's IP portfolio.

**Blizzard Entertainment, Inc.** https://www.blizzard.com/ja-jp/ Blizzard Entertainment, Inc., known for titles such as "Warcraft®," "Overwatch®," "Diablo®," and "StarCraft®," is a world-leading game development and distribution company under Microsoft. For over 30 years, it has released critically acclaimed, genre-defining masterpieces and won numerous "Game of the Year" awards. Its engaging game experiences are delivered to players worldwide through various platforms including Battle.net®, Xbox, PlayStation®, Nintendo Switch®, iOS, and Android.