Webtoon Entertainment Inc.

06/04/2026 | Press release | Distributed by Public on 06/04/2026 14:39

Proxy Results (Form 8-K)

Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 3, 2026, WEBTOON Entertainment Inc. (the "Company") held its 2026 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, holders of 128,189,361 shares of common stock of the Company, representing approximately 95.2% of the voting power of the shares of common stock of the Company as of the close of business on April 10, 2026, the record date for the Annual Meeting, and constituting a quorum for the transaction of business, were present in person or by proxy. The following matters, as described more fully in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 22, 2026, were voted on by the stockholders at the Annual Meeting:
Proposal 1 - Election of Directors
The stockholders elected each of the three nominees named below as Class II directors to serve until the 2029 Annual Meeting and until their successors are duly elected and qualified. The voting results were as follows:
Nominee Votes For Votes Withheld Broker Non-Votes
Namsun Kim 114,966,850 12,146,672 1,075,839
Jun Masuda 113,666,847 13,446,675 1,075,839
Isabelle Winkles 126,835,509 278,013 1,075,839
Proposal 2 - Advisory Vote on the Compensation of Our Named Executive Officers
The stockholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers. The voting results were as follows:
Votes For Votes Against Votes Abstain Broker Non-Votes
127,064,456 46,916 2,150 1,075,839
Proposal 3 - Ratification of the Selection of Independent Registered Public Accounting Firm
The stockholders ratified the selection by the Audit Committee of the Board of Directors of the Company of Samil PricewaterhouseCoopers as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results were as follows:
Votes For Votes Against Votes Abstain
128,182,191 5,223 1,947
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