WEBTOON Entertainment Inc

Our common stock is traded on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “WBTN”.

As of the close of business on February 28, 2025, there were 11 stockholders of record of our common stock (excluding beneficial owners whose shares are held in the name of Cede & Co.).

Dividends

We currently do not anticipate paying any cash dividends, and anticipate that all of our earnings in the foreseeable future will be used for working capital, to support our operations and to finance the growth and development of our business. Any future determination relating to dividend policy will be made at the discretion of our Board and will depend on a number of factors, including, restrictions in our future debt instruments, our future earnings, capital requirements, financial condition, prospects and applicable Delaware law, which provides that dividends are only payable out of surplus or current net profits.

Unregistered Sale of Equity Securities

None.

Total Stockholder Return Graph

The graph below compares the cumulative total stockholder return on our common stock with the cumulative return on the S&P 500 Index (“S&P 500”) and the NASDAQ Composite Index. The graph assumes $100 was invested at the market close on June 27, 2024, which was the first day our common stock began trading. Data for the S&P 500 and the NASDAQ Composite assume reinvestment of dividends. The graph uses the closing price on June 27, 2024, of $21.30 per share as the initial value of our common stock. The comparisons in the graph below are based upon historical data and are not indicative of, nor intended to forecast, future performance of our common stock.

Use of Proceeds

On June 26, 2024, our Registration Statement was declared effective by the SEC. The Company received net proceeds of approximately $319.7 million from the IPO (including from the partial exercise of the underwriters’ overrallotment option), after deducting underwriting discounts and commissions payable by us. The net proceeds were used for general corporate purposes.

Repurchases of Equity Securities by Issuer and Affiliated Purchases

None.