Kakao Enterprise Corp. Announced that it will issue 89,081,456 common shares at a price of KRW 2,885 each for gross proceeds of KRW 257,000,000,000 on May 22, 2025. The transaction will include participation from returning investor Kakao Corp.

for KRW 257,000,000,000. This has been approved in the board of directors of Kakao Corp. The transaction is expected to close on June 24, 2025.