1. Krafton’s Treasury Stock Disposal: What Happened?

Krafton’s board of directors decided on July 23, 2025, to dispose of 2,800 treasury shares. This decision aims to provide stock-linked compensation to employees.

2. Why Dispose of Treasury Stock?

This disposal is part of Krafton’s existing shareholder return policy and is interpreted as an investment to attract and retain talented individuals. It’s a strategic decision for securing long-term growth momentum.

3. Impact of Treasury Stock Disposal

  • Positive Impact: Reaffirms commitment to the shareholder return policy, enhancing investor confidence, and can positively impact R&D capabilities and new IP development in the long term.
  • Negative Impact: Potential for short-term stock price decline, but the small scale of disposal is expected to limit the impact.

4. Investor Action Plan

Focus on Krafton’s long-term growth potential rather than short-term stock price fluctuations. Monitor the success of new IPs, including ‘Enjoy,’ and external environmental variables while formulating investment strategies. Pay attention to managing existing risks, such as the underperformance of ‘Moonbreaker.’