Good afternoon, everyone. My name is Junkoo Kim, I'm the CEO and Chairman of the Board of Directors of WEBTOON Entertainment Inc. Welcome to WEBTOON Entertainment's 2026 annual meeting of stockholders. I would like to introduce David Lee, our Chief Financial Officer, to take us through today's agenda. Thank you, Junkoo. The agenda for this meeting has been set, and we've implemented certain rules of conduct and procedures to facilitate the orderly transaction of business. I would like to begin this meeting by introducing certain representatives of the company who are present with us today. Junkoo Kim, who opened the meeting, is WEBTOON Entertainment's Founder, Chief Executive Officer, and Chairman of the Board. Yongsoo Kim is President and Director. Maximilian Jo, General Counsel and Corporate Secretary. Soohwan Kim, Vice President of Investor Relations. WEBTOON Entertainment's Board of Directors, which include Namsun Kim, Haejin Lee, Jun Masuda, Nancy Dubuc, Saeju Jeong, and Isabelle Winkles. Daniel Fertig and Juyoung Kim, representatives from Samil PricewaterhouseCoopers, our independent registered public accounting firm. Jim Raitt of American Election Services LLC, who has been engaged by Broadridge Financial Services to serve as the Inspector of Election for this meeting. Mr. Jo will serve as Secretary of this meeting and record the proceedings. The 2026 Annual Meeting of Stockholders is hereby called to order. There are three proposals of business on today's agenda. Proposal one is the election of directors. Proposal two is the approval by an advisory non-binding votes of the compensation paid to our named executive officers for our 2025 fiscal year. Proposal three is the ratification of the appointment of the company's independent registered public accounting firm for the year ending December 31, 2026. Thank you, David. Let me first make some procedural points. First, if you were a stockholder of record at the close of business on April 10, 2026, and have logged in to the virtual meeting website using your 16-digit control number, you are able to vote during this meeting at any time once the polls have been opened through the presentation of the proposals until we close the polls. However, if you have already voted in advance by using an online ballot or a physical proxy card and do not wish to revoke or change your prior vote, your vote will be cast as previously instructed and no further action is required. From now on, we will refer to the close of business on April 10, 2026, as the record date. Second, if you were a stockholder of record as of the record date and have logged in to the virtual meeting website using your 16-digit control number, you may also submit questions at any point during the meeting until the floor is closed to questions by typing your question into the Ask a Question field and clicking Submit. If you submitted a question before the meeting at proxyvote.com, you do not need to resubmit your question during the meeting. Third, in the event of any technical difficulties before the formal adjournment of this meeting, we may temporarily adjourn and reconvene in accordance with the bylaws. After adjournment, stockholders will have an opportunity to ask questions. I present the affidavit from a representative of Broadridge Financial Solutions Inc., showing that a notice of annual meeting and notice of internet availability were sent on or about April 22nd, 2026, to each stockholder of record as of the record date. Such affidavit will be filed with the minutes of the meeting. A list of registered stockholders is available on the virtual meeting website and viewable by stockholders who have logged into today's meeting using their 16-digit control number. I will now discuss the procedures for transacting the business of this meeting. Stockholders of record as of the record date have received a notice of annual meeting of stockholders and are entitled to vote at this meeting. The Inspector of Election has reported that a majority in voting power of the company's common stock outstanding and entitled to vote as of the record date is represented here at the meeting today, either virtually or by proxy, constituting a quorum. Thank you, Max. Because a quorum has been established and it's represented at this meeting, I declare this meeting to be duly convened for the purpose of transacting such business as may properly come before it. Jim Raitt has previously taken an oath as Inspector of Election and will determine the number of shares to be voted at today's meeting. The oath will be filed with the minutes of this meeting. Jim Raitt has tabulated the proxies that were received prior to the convening of this meeting and will submit a report on the number of shares voted for each item presented to shareholders. The next order of business is to vote on the three proposals outlined in the proxy statement on the agenda. After the items to be acted upon at this meeting are presented and the votes on those items are reported, the preliminary results of the voting will be reported. On behalf of the board, I present the three proposals for consideration for the reasons contained in the proxy statement. The first item of business is proposal one, the election of directors. The board is divided into three classes, each serving three-year terms. Today, we will elect three directors as Class II directors whose terms will end 2029. The board has nominated Namsun Kim, Jun Masuda, and Isabelle Winkles for re-election and recommends that stockholders vote for each director nominee. The second item of business is the advisory vote approving the compensation paid to our named executive officers. This is known as a Say on Pay vote. The board recommends that stockholders vote for this proposal. The third item of business is the ratification of the appointment of Samil PricewaterhouseCoopers as the company's independent auditor for 2026. The board recommends that stockholders vote for this proposal. The polls have been open for voting since the beginning of this meeting. I now ask that stockholders who have not yet voted or who wish to change their previous vote do so now through the virtual meeting website. We will now pause to allow stockholders to vote their shares. If you previously voted by proxy, you do not need to vote today unless you wish to change your vote. I now declare the polls closed at 4:07 P.M. Pacific Time today, June 3rd, 2026. The Inspector of Election will now tabulate the preliminary results. Thank you, David. The Inspector of Election has provided a preliminary report showing that, one, Namsun Kim, Jun Masuda, and Isabelle Winkles have been duly elected as Class II directors to serve on the board until the 2029 Annual Meeting and until their successors are duly elected and qualified. Two, the stockholders have approved, on an advisory non-binding basis, the compensation paid to our named executive officers. Three, the appointment of Samil PricewaterhouseCoopers as the company's independent registered public accounting firm for the year ending December 31, 2026, has been duly ratified. The Inspector of Election will furnish a written report of the final vote count with respect to the matters voted on today, which shall be filed with the minutes of this meeting. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission within four business days of this annual meeting to disclose the final voting results. We will now be happy to hold a brief question and answer period. We have not received any questions to be answered during this meeting. I am aware of no other business that has been properly brought before this annual meeting. I will now turn the meeting back over to Junkoo for closing. Thank you all for attending today's meeting. This meeting is adjourned. That concludes our meeting today. You may now disconnect.
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