DoubleDown Interactive Announces Results of 2025 Annual General Meeting

Rhea-AI Summary

DoubleDown Interactive (NASDAQ: DDI), a leading digital games developer, held its annual general meeting on March 27, 2025, in Seoul, Korea. Shareholders approved several key resolutions, including the financial statements for fiscal year 2024 and elected multiple directors to the board.

The elected directors include In Keuk Kim, Joseph A. Sigrist, Ki Chul Kim, Haenam Kim, and Whanlim Kim as an Independent Director. Shareholders also approved the remuneration limit for independent directors and executive officers.

DoubleDown Interactive is known for developing mobile and web-based games, with its flagship social casino title DoubleDown Casino being popular across various social and mobile platforms. The company's SuprNation subsidiary manages three real-money iGaming sites in Western Europe.

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SEATTLE, March 27, 2025 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that at its annual general meeting of shareholders held on March 27, 2025 at 11:00 a.m., Korea Standard Time (March 26, 2025 at 10:00 p.m., U.S. Eastern Time) in Seoul, Korea, the following actions were taken by the shareholders of record as of December 31, 2024 on the proposed resolutions:

1. Approval of the 17th financial statements and consolidated financial statements for the fiscal year ended December 31, 2024;
2. Election of Directors:
   1. Election of In Keuk Kim as a Director;
   2. Election of Joseph A. Sigrist as a Director;
   3. Election of Ki Chul Kim as a Director; and
   4. Election of Haenam Kim as a Director;
3. Election of Whanlim Kim as an Independent Director; and
4. Approval of the remuneration limit for independent directors and executive officers

About DoubleDown Interactive

DoubleDown Interactive Co., Ltd. is a leading developer and publisher of digital games on mobile and web-based platforms. We are the creators of multi-format interactive entertainment experiences for casual players, bringing authentic Vegas entertainment to players around the world through an online social casino experience. The Company’s flagship social casino title, DoubleDown Casino, has been a fan-favorite game on leading social and mobile platforms for years, entertaining millions of players worldwide with a lineup of classic and modern games. The Company’s SuprNation subsidiary operates three real-money iGaming sites in Western Europe.

Company Contact:
Joe Sigrist
ir@doubledown.com
+1 (206) 773-2266
Chief Financial Officer
https://www.doubledowninteractive.com

Investor Relations Contact:
Joseph Jaffoni or Richard Land
JCIR
+1 (212) 835-8500
DDI@jcir.com

FAQ

When did DoubleDown Interactive (DDI) hold its 2025 Annual General Meeting?

DoubleDown Interactive held its 2025 Annual General Meeting on March 27, 2025, at 11:00 a.m. Korea Standard Time (March 26, 2025, at 10:00 p.m. U.S. Eastern Time) in Seoul, Korea.

Who were the new directors elected to DDI's board in the 2025 AGM?

The elected directors were In Keuk Kim, Joseph A. Sigrist, Ki Chul Kim, Haenam Kim, and Whanlim Kim as an Independent Director.

What major resolutions were approved at DDI's 2025 Annual General Meeting?

Shareholders approved the 17th financial statements for fiscal year 2024, elected five directors, and approved the remuneration limit for independent directors and executive officers.

What are DoubleDown Interactive's main business operations and products?

DDI develops mobile and web-based games, operates DoubleDown Casino as its flagship social casino title, and manages three real-money iGaming sites in Western Europe through its SuprNation subsidiary.