Slide 1: 1Q FY2026 Earnings Results
WEMADE 1Q FY2026 Earnings Results WEMADE INVESTOR RELATIONS 2026.05.12
Slide 2: Disclaimer
Disclaimer The financial information of this presentation is the sales performance of Wemade Co., Ltd. (the “Company”), prepared in accordance with the standards of the K-IFRS. The result of 1Q FY2026 is provided as a reference for investors, prior to the completion of independent auditor's review,
Slide 3: Financial Highlights
Financial Highlights 1Q'26 Summary of Consolidated Results Revenue Breakdown Operating Expenses Key Growth Drivers & Strategic Outlook WEMADE Game IP Lineup Blockchain Game Key Indicators Summary of Consolidated Financial Statements Corporate Structure WEMADE
Slide 4: Financial Highlights: 1Q'26 Summary of Consolidated Results
Financial Highlights 1Q'26 Summary of Consolidated Results (Unit: Million KRV 191,737 163,648 153,324 141,833 116,820 (Unit: Million KRW 26,308 24,255 WEMADE (Unit: Million KRV 57,360 1Q25 2Q25 3Q25 4Q25 1Q26 Revenue Secured solid revenue through IP Settlement, mitigating high-base effect -11,337 -2
Slide 5: TTB TTB TTB
• • TTB • TTB TTB TTB 148% TTR CR • TTB TTB TTB TTB • TTB TTB
Slide 6: Revenue Breakdown
Revenue Breakdown Games: fell QoQ following revenue stabilization of existing live services WEMADE License: decreased QoQ on high-base effect from 4Q'25 China license revenue despite IP settlement gains Blockchain: increased QoQ, driven by active WEMIX tokenomics from "Legend of YMIR Global" 1Q'26 R
Slide 7: Operating Expenses
Operating Expenses WEMADE Reduced by 22.6 BN to KRW 144.8 BN, primarily due to the absence of 4Q'25 one-off costs 1Q'26 Operating Expenses Unit: Million KRW 10'26 4Q'25 QoQ 1Q'25 YoY Operating Expenses 144,836 167,482 -14% 153,170 -5% Labor!) 58,450 60,009 -3% 54,817 7% Commission 36,631 63,320 -42%
Slide 8: Key Growth Drivers & Strategic Outlook
Key Growth Drivers & Strategic Outlook WEMADE Accelerating sustainable growth through enhancing global competitiveness and diversifying our portfolio Investment Highlights Mid-to-Long Term Strategy FR Game-led Performance Global Presence Expansion oe Established a stable revenue stream via 'MIR' IP
Slide 9: Appendix
WEMADE Appendix
Slide 10: WEMADE Game IP Lineup
WEMADE Game IP Lineup WEMADE Building a robust pipeline of 20+ titles, featuring the expansion of proven global IPs and the acquisition of new mega-title projects Night Crows IP Project (title TBD) MMORPG MIR5 MMORPG MIR 4 China MMORPG Hundred Note IP Project (title TBD) | SubcultureRPG N.O.A.H Subc
Slide 11: Blockchain Game Key Indicators
Blockchain Game Key Indicators Demonstrating stable performance through diversified global revenue base WEMADE Top Blockchain Games Revenue Distribution, by Region Top 5 #1 Thailand #2 Japan #3 Philippines #4 United States (USA) #5 Brazil Top 5 #1 Taiwan #2 Philippines #3 Thailand #4 United States (
Slide 12: Summary of Consolidated Financial Statements
Summary of Consolidated Financial Statements WEMADE Consolidated Balance Sheet Consolidated Income Statement 2024 2025 1Q'26 2024 2025 1Q'26 Total Assets 18,757 17,456 17,704 Revenue 7,119 6,140 1,533 Current Assets 5,507 5,126 5,305 Operating Expenses 7,048 6,034 1,448 Non-current Assets 13,250 12,
Slide 13: Corporate Structure
Corporate Structure WEMADE EMADE 100% 100% 64% 37% 100% Wemade M ChuanQi IP See _ ierysatea) + % - mm seneels Nia hy, 67% ] 39% | 100% 100% 100% 100% 100% Se oS wamcon | wnonone | Meee | a wen 4 4 65% 65% 67% Nitrox ] iden Nexelon ] Games 4 1) Mainly display domestic affiliates (As of March 2026) 37
Slide 14: Thank you
Thank you WEMADE INVESTOR RELATIONS