Nexon and Chernin Entertainment Partner to Bring ARC Raiders and THE FINALS to Film and Television

Embark Studios Sold 16 Million Copies of ARC Raiders^® Worldwide and

Registered over 30 Million Players for THE FINALS^®

TOKYO - October 6, 2026 - NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in online games, today announced the partnership agreement with Chernin Entertainment, the flagship scripted film and television label of The North Road Company. Chernin Entertainment has been tapped to serve as the lead producer on film and television adaptations of two hit games from Nexon's Embark Studios: ARC Raiders^® and THE FINALS^®. Chernin Entertainment was chosen from a competitive field of production companies and studios vying for the rights.

ARC Raiders^® is set on a lethal future Earth ravaged by a mysterious mechanized threat known as ARC, where players enlist as Raiders to scavenge a vibrant, atmospheric world while contending with deadly machines and rival Raiders. Since launching in October 2025, the game has become one of the industry's breakout hits: it drew 250,000 concurrent Steam players on launch day, surpassed 700,000 concurrent players across platforms within its first two weeks, and has gone on to sell more than 16 million copies worldwide. The game was named Best Multiplayer Game at The Game Awards 2025, Online Game of the Year at the 29th Annual D.I.C.E. Awards, and the Best Multiplayer award at the 2026 BAFTA Games Awards. ARC Raiders^®' largest content update to date, Frozen Trail, is slated for release on October 8.

THE FINALS^®, a free-to-play, fast-paced, first-person shooter set inside a virtual combat game show has registered more than 30 million players in three years. Players compete for fame and fortune in destructible arenas modeled after real-world locations like Monaco and Las Vegas. The game features unscripted, server-side, physics-driven environmental destruction. The upcoming season of THE FINALS^® is scheduled for release on October 20.

"Nexon's agreement with Chernin Entertainment is the next big step in growing ARC Raiders and THE FINALS into deeply integrated transmedia experiences that reward the passion of our global player community," said Patrick Söderlund, Founder and CEO of Embark Studios, and Executive Chairman of Nexon. "Throughout the process, the creative teams at Embark Studios will work closely with Chernin to ensure the creativity that defines both of these properties extends into all-new formats."

"ARC Raiders and THE FINALS are exactly the kind of opportunities we've been building towards at Chernin Entertainment: ambitious global IP with the potential to become major franchises across film and television," said David Ready, President of Film at Chernin Entertainment. "Nexon and Embark have created visually stunning, atmospheric worlds that contain countless stories to tell. We're honored they've trusted us to unite our film and television teams to tell those stories."

About Chernin Entertainment, LLC

Chernin Entertainment is a premium film and television company based in Los Angeles, CA. The company is behind critically acclaimed films including the Academy Award-nominated feature Ford v Ferrari, Academy Award and Golden Globe-nominated Hidden Figures, and Golden Globe-winner The Greatest Showman, as well as Spy, The Heat, the Planet of the Apes franchise, and Backrooms. The company also recently produced Apex, The Last House, Back in Action, the Fear Street trilogy, Slumberland, and Luther: The Fallen Sun, all with Netflix. Its upcoming film slate includes Luther 2 with Idris Elba, Heartland starring Jessica Chastain, and The Big Fix, directed by Apex director Baltazar Kormakur and starring Mark Wahlberg and Riz Ahmed. Chernin Entertainment has a multi-year, first-look feature film deal with Apple TV+. On the television side, Chernin Entertainment produced the acclaimed Apple TV+ series Chief of War, Truth Be Told, and See, the chart-topping Netflix series The Madness and Man on Fire, and the hit Fox comedy series New Girl. Its upcoming series include Age of Innocence and Kennedy for Netflix.

About The North Road Company, LLC

The North Road Company, recently acquired by Mediawan, the leading global independent studio based in Paris, was established by Peter Chernin in 2022. The company brings together several prominent media entities, including Chernin Entertainment (a leader in scripted television and film production), North Road Television Studios (led by Amy Israel), North Road Films (led by Kori Adelson), Kinetic Content, the top reality production company led by Chris Coelen, creator of Love Is Blind, and Words + Pictures (the premium documentary studio led by Connor Schell). Since its launch, North Road has expanded its portfolio with acquisitions of Little Rooms Films (established by Jason Hehir), the Turkish production company Karga Seven, and the Mexican production company Perro Azul. North Road is also a strategic investor in notable ventures, including Peyton Manning's Omaha Productions, Questlove and Black Thought's Two One Five Entertainment, NBA star Chris Paul's Ohh Dip!!! Productions, and GenAI content tudio, Promise.

About Embark Studios AB

Embark Studios AB is a Stockholm-based game studio founded in 2018. Driven by deep curiosity and an underdog mindset, Embark challenges the conventions of game development. With a team of over 370 game makers, the studio pairs technical ambition with a relentless pursuit of new ideas to deliver surprising, genre-defying experiences. Embark released THE FINALS^® in 2023 and the award-winning ARC Raiders^® in late 2025.

About NEXON Co., Ltd.

Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a global leader in the production, development and operation of online games. First listed on the Tokyo Stock Exchange in December 2011, Nexon has since been listed on JPX400, Nikkei Stock Index 300, and Nikkei 225. Nexon currently has more than 40 games operating in more than 190 countries on PC, console, and mobile. Major game franchises include MapleStory, Mabinogi, and Dungeon&Fighter. In 2024, the company set a multi-year IP Growth Initiative that details vertical growth with new experiences in existing major franchises and horizontal growth with the creation of new pillars in the company's IP portfolio.

Contact Information

NEXON Co., Ltd. Corporate Communications

Email: [email protected]