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仙境传说之约定好的冒险 (Ragnarok: Promised Adventure, Tentative English Title) Received an ISBN Code by Chinese Government

1. Gravity's new MMORPG, Ragnarok: Promised Adventure, received ISBN approval in China. 2. This is Gravity's second ISBN in 2025, signaling strong market commitment. 3. The game is tied to their successful Ragnarok IP and developed with Kingnet. 4. Ragnarok: Dawn, launched in February, had top grossing success on WeChat. 5. Gravity aims to build on momentum in the Chinese gaming market.

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Why Bullish?

The introduction of new titles in a successful franchise usually leads to stock growth. Historical data shows that successful game launches can enhance overall market sentiment for gaming stocks.

How important is it?

The new ISBN approval and successful release indicate a strengthening business strategy in a lucrative market. Encouraging performance in China could signify a turning point for GRVY's revenue.

Why Short Term?

Initial sales and user engagements will be observed shortly after launch. Similar titles have seen rapid engagement metrics in their release phase.

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NTDOYATVIEA
Seoul, South Korea, May 27, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that 仙境传说之约定好的冒险 (Ragnarok: Promised Adventure, tentative English title), an adventure MMORPG game, received an ISBN code by Chinese government disclosed on May 21, 2025. Ragnarok: Promised Adventure marks the second ISBN in 2025 following 仙境传说：初心 (PROJECT ABYSS, tentative English title) in January. Ragnarok: Promised Adventure is an adventure MMORPG game utilizing Ragnarok IP, built upon an original Ragnarok Online universe, and features multiple character training system and idle reward. Ragnarok: Promised Adventure was developed in collaboration with Kingnet Network Co., Ltd., a Chinese game developer and publisher. In February 2025, Gravity launched 仙境传说: 破晓 (Ragnarok: Dawn, tentative English title), an HTML5 based idle MMORPG game, on WeChat, the largest mobile messenger platform in China, and achieved notable success by ranking eighth in top grossing of Mini Programs. Gravity is further strengthening a presence of the Ragnarok IP in Chinese region and accelerating preparation for the launch of Ragnarok: Promised Adventure to continue building on this momentum. Gravity stated, “In 2025, Ragnarok IP titles have continued to receive ISBN, marking meaningful milestones. Ragnarok: Promised Adventure is expected to continue the success of previous titles while delivering a fresh experience. We will do our utmost to prepare for the launch of Ragnarok: Promised Adventure in Chinese region as soon as possible and we sincerely ask for your interest and support.” [Gravity Official Website] http://www.gravity.co.kr About GRAVITY Co., Ltd. --------------------------------------------------- Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr. Contact: Mr. Heung Gon Kim Chief Financial Officer Gravity Co., Ltd. Email: kheung@gravity.co.kr Ms. Jin Lee Ms. Yujin Oh Gravity Co., Ltd. Email: ir@gravity.co.kr Telephone: +82-2-2132-7801

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