Naver Corporation

Calendar

Annual General Shareholders Meeting table
NAVER 22nd Annual General Shareholders Meeting(2021/03/24)		Outcome
1	Approval of financial statements for the 22nd term (Fiscal Year 2020)	Approved as proposed
2	Partial amendments to the Articles of Incorporation	Approved as proposed
2-1	Amendments to the Location of the Head Office to reflect the minimum public administrative unit	Approved as proposed
2-2	Amendments reflecting the changes in the duty of the transfer agent following the adoption of Electronic securities system	Approved as proposed
2-3	Amendments to add the keeping of the Company's shareholders registry following the adoption of Electronic securities system	Approved as proposed
2-4	Amendment reflecting the abolishment of the closing process of the Shareholders Registry following the adoption of Electronic securities system	Approved as proposed
2-5	Amendment on the term of the directors to reflect the standard Articles of Incorporation	Approved as proposed
3	Appointment of inside director	Approved as proposed
4	Appointment of outside director who is to be audit committee member	Approved as proposed
5	Appointment of outside director	Approved as proposed
6	Appointment of audit committee member	Approved as proposed
7	Approval of remuneration cap of directors	Approved as proposed
8	Approval of stock option grant previously granted by Board resolution	Approved as proposed
9	Grant of stock option	Approved as proposed

Dividends
Category	2015	2016	2017	2018	2019	2020
Dividend Type	Cash Dividend	Cash Dividend	Cash Dividend	Cash Dividend	Cash Dividend	Cash Dividend
Dividend per Share(KRW)	1,100	1,131	1,446	314	376	402
Dividend Yield(%)	0.2%	0.1%	0.2%	0.3%	0.2%	0.1%
(Consolidated) Dividend Payout Ratio(%)	6.2%	4.3%	5.5%	7.1%	9.4%	5.9%
Total Dividend Amount(mn KRW)	32,131	32,581	42,470	45,901	54,688	59,279

Effective of October 11 2018, common shares were divided into 5 shares
(stock split, par value 500 KRW → 100 KRW)