WEBTOON Entertainment Inc.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Report contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management’s assumptions, views, plans, objectives and projections about the future. Forward-looking statements may be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding:

•expected operating results, such as revenue growth and earnings;

•economic and industry trends;

•the demand for our platform in general;

•our ability to continue to attract and empower creators to create engaging content;

•our ability to grow and retain our user base and strengthen our brand;

•our ability to increase engagement with users and strengthen our community;

•our ability to attract and retain our senior management team or key personnel;

•our ability to continue to innovate and expand our advertising business;

•our ability to increase paying ratio and strengthen our monetization capability;

•our ability to increase revenues from our intellectual property operations;

•our beliefs about and objectives for future operation;

•future acquisitions or investments;

•our ability to continue to grow across our current markets and expand into new markets;

•our ability to continue to innovate and enhance our offerings;

•the impact of our product development initiatives, including our use of AI;

•the functionality and economics of our platform on mobile operating systems;

•our ability to obtain, maintain, protect and enhance our intellectual property;

•our business model and expectations and management of future growth, including expansion in international markets and expenditures associated with such growth; and

•our ability to compete with existing and new competitors in existing and new markets.

Because forward-looking statements are based on current beliefs, expectations and assumptions regarding future events, they are subject to risks, uncertainties and changes that are difficult to predict and many of which are outside of our control. You should realize that if underlying assumptions prove inaccurate, or known or unknown risks or uncertainties materialize, our actual results and financial condition could vary materially from expectations and projections expressed or implied in our forward-looking statements.

More information on factors that could cause our actual results and financial condition to differ from those expressed in forward-looking statements is included from time to time in our reports filed with the Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 11, 2025 (the “Annual Report”), particularly under Part I. Item 1A, “Risk Factors.” Investors should understand that it is not possible to predict or identify all such factors and should not consider the risks described above and under Part I. Item 1A. “Risk Factors” of our Annual Report to be a complete statement of all potential risks and uncertainties.

All forward-looking statements speak only as of the date of this Report and are expressly qualified in their entirety by the cautionary statements included in or incorporated by reference into this Report. Except as is required by law, we expressly disclaim any obligation to publicly release any revisions to forward-looking statements to reflect events after the date of this Report.

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