NEOWIZ HOLDINGS Corporation (KOSDAQ:A042420) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its own shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose behind the program is to improve shareholder value. The repurchase program will expire on September 3, 2023.

As of March 2, 2023, the company had 1,543,903 treasury shares within scope available for dividend and 111,166 shares in treasury through other repurchase.