| Schedule of Consolidated Subsidiaries |
Details of the consolidated subsidiaries as of December 31, 2025 and 2024 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Percentage of
ownership (%) | | | | | | Subsidiary | | Location | | 2025 | | 2024 | | Fiscal year end | | Main business | | Gravity Interactive, Inc. | | U.S.A. | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | Gravity NeoCyon, Inc. (*) | | Korea | | 100.00 | | | 100.00 | | | December | | Mobile game development and service | | Gravity Communications Co., Ltd. | | Taiwan | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | | PT. Gravity Game Link | | Indonesia | | 70.00 | | | 70.00 | | | December | | Online and mobile game services | | Gravity Game Tech Co., Ltd. | | Thailand | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | | Gravity Game Arise Co., Ltd. | | Japan | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | | Gravity Game Hub PTE., Ltd. | | Singapore | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | | Gravity Game Vision Limited. | | Hong Kong | | 100.00 | | | 100.00 | | | December | | Online and mobile game services | | Gravity Game Unite SDN. BHD (*) | | Malaysia | | 100.00 | | | — | | | December | | Online and mobile game services |
(*) Gravity Game Unite SDN. BHD was established in March 2025 and was included as a subsidiary for the year ended December 31, 2025.
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| Schedule of Consolidated Financial Information Subsidiaries |
Details of the condensed financial information of subsidiaries as of and for the year ended December 31, 2025 and 2024 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | Subsidiaries | | Total
assets(*) | | Total
liabilities(*) | | Revenue(*) | | Profit(loss)
For the
year(*) | | | (In millions of Korean won) | | Gravity Interactive, Inc. | | ₩ | 42,812 | | | ₩ | 29,822 | | | ₩ | 193,943 | | | ₩ | 2,017 | | | Gravity NeoCyon, Inc. | | 14,586 | | | 3,380 | | | 18,287 | | | 487 | | | Gravity Communications Co., Ltd. | | 33,271 | | | 8,165 | | | 45,735 | | | 5,847 | | | PT Gravity Game Link | | 2,430 | | | 736 | | | 2,961 | | | (515) | | | Gravity Game Tech Co., Ltd. | | 66,439 | | | 12,475 | | | 46,041 | | | 9,776 | | | Gravity Game Arise Co., Ltd. | | 11,528 | | | 5,730 | | | 14,995 | | | (2,513) | | | Gravity Game Hub PTE., Ltd. | | 52,913 | | | 9,762 | | | 74,136 | | | 1,347 | | | Gravity Game Vision Limited | | 51,912 | | | 19,013 | | | 94,875 | | | 11,296 | | | Gravity Game Unite SDN. BHD | | 945 | | | 431 | | | 28 | | | (266) | |
(*) Amount before eliminating the intercompany transactions. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Subsidiaries | | Total
assets(*) | | Total
liabilities(*) | | Revenue(*) | | Profit(loss)
For the
year(*) | | | (In millions of Korean won) | | Gravity Interactive, Inc. | | ₩ | 28,078 | | | ₩ | 16,855 | | | ₩ | 39,938 | | | ₩ | 74 | | | Gravity NeoCyon, Inc. | | 15,000 | | | 4,281 | | | 20,316 | | | 1,771 | | | Gravity Communications Co., Ltd. | | 27,121 | | | 6,687 | | | 35,189 | | | 1,754 | | | PT Gravity Game Link | | 2,693 | | | 367 | | | 1,476 | | | (51) | | | Gravity Game Tech Co., Ltd. | | 72,123 | | | 23,780 | | | 48,771 | | | 6,860 | | | Gravity Game Arise Co., Ltd. | | 7,712 | | | 1,192 | | | 5,574 | | | (6,237) | | | Gravity Game Hub PTE., Ltd. | | 68,728 | | | 13,684 | | | 89,257 | | | 13,815 | | | Gravity Game Vision Limited | | 72,468 | | | 26,756 | | | 160,067 | | | 21,946 | |
(*) Amounts before eliminating the intercompany transactions.
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