Kakao Games Appoints New Outside Director Im Tae-sub, Expanding Board to Seven Members and Strengthening Governance

On June 22, 2026, Kakao Games appointed Professor Im Tae-sub of Sungkyunkwan University GSB as a new outside director. This increases the outside director count from three to four, with total registered directors reaching seven, maintaining an outside director ratio of 57.14%.
With experience as co-head of Goldman Sachs Korea and head of Macquarie Securities Korea, the new director is expected to strengthen the board's financial and strategic decision-making. This is a routine governance change involving no capital movement, thus no direct impact on shareholder value.
[AI Summary]Kakao Games enhanced board expertise by appointing a global finance veteran, but as this is a regular governance improvement without capital changes or major financial decisions, the short-term stock price impact is limited. However, it may contribute to stronger long-term decision-making transparency.