WEBTOON CEO Junkoo Kim to relocate to U.S.; board approves severance, relocation payments and amended employment terms

WEBTOON Entertainment Inc.

CEO Junkoo Kim's NAVER WEBTOON employment terminates; he gets KRW 249,648,080 (~$184,175) severance in October 2026 and a $567,009 relocation benefit payable January 2027.
Amended employment agreement raises non-change-in-control severance to a 12-month base salary lump sum, plus target bonus and 12 months COBRA; change-in-control severance is 24 months base salary.
Change-in-control severance also includes 2x target bonus, 24 months COBRA and full PSU vesting at greater of target or actual performance; agreement adds D&O indemnification.
WEBTOON will preview the Marvel Comics app at New York Comic Con Oct. 8-11 at Booth #2435; app launches Nov. 16 with 35,000+ digital comics from Marvel, Star Wars and 20th Century Studios.
Marvel Comics app tiers: Base $9.99/month or $69.99/year; Ultimate $12.49/month or $99.99/year; founding annual $59.99; first 2,000 NYCC claimants get limited-edition print ID card.

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