NHN decided to provide joint and several guarantee of KRW 176 billion for KRW 160 billion in borrowings by its subsidiary.

NHN decided through a board resolution to provide joint and several guarantee of KRW 176 billion for KRW 160 billion in borrowings by its subsidiary. The guarantee period runs from October 16, 2026 to October 16, 2029, with Kookmin Bank as the creditor. The total outstanding debt guarantees currently provided by NHN amount to approximately KRW 689.7 billion.

1. 01

   When the subsidiary borrows KRW 160 billion from Kookmin Bank, NHN will provide joint and several guarantee of KRW 176 billion.

2. 02

   The guarantee amount represents 9.94% of NHN's equity (approximately KRW 1.7708 trillion).

3. 03

   All 3 outside directors approved the proposal at the board meeting on October 13, 2026.

4. 04

   As of 2025, the subsidiary reported assets of KRW 1.0015 trillion and a net loss of KRW 21 billion.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Guarantee amount

KRW 176 billion

Borrowing amount

KRW 160 billion

Guarantee ratio to equity

9.94%

Guarantee period

October 16, 2026 ~ October 16, 2029

Total outstanding debt guarantees

KRW 689.7 billion

Board resolution date

October 13, 2026

Filing facts

Filing type

Debt Guarantee or Loan

Report name

Decision on Debt Guarantee for Others

Filed

Oct 13, 2026

Receipt number

20261013800563