At Krafton's annual general meeting, the motions to reappoint CEO Kim Chang-han and Chairman Byung-gyu Chang were passed as originally proposed.

Krafton held its 19th annual general meeting on the 24th. The agenda included the approval of financial statements, director compensation limits, amendments to the articles of association, and the reappointment of executive directors. Both CEO Kim Chang-han and Chairman Byung-gyu Chang were re-elected, securing approval rates of 74% and 70.8% of the total voting shares, respectively.

CEO Kim Chang-han has been the driving force behind Krafton’s meteoric rise, having spearheaded the development of PUBG. After serving as CEO of PUBG Corp from 2017 to 2020, he took the helm at Krafton. Under his leadership, the company reported an impressive 3.3266 trillion KRW in revenue and 1.0544 trillion KRW in operating profit last year.

During the meeting, Kim reportedly addressed the shareholders, stating, 'I believe our current stock price is undervalued.' He added, 'With your renewed trust, I am confident that the strategies we have been pursuing will soon bear tangible fruit.'

In addition to the personnel decisions, the company also greenlit its shareholder return policy. Krafton plans to acquire and subsequently burn its own shares worth over 700 billion KRW over the next three years. They are also introducing a cash dividend policy, committing to a total of 300 billion KRW over the same three-year period, with 100 billion KRW allocated annually.