HONG KONG, CHINA - Media OutReach - 2 April 2019 - LINE Corporation announced today thatJungho Shin, the Chief WOW Officer (CWO) of LINE Corporation, has also beenappointed Co-CEO of the company. Taking effect April 1, the decision was madeduring the company's board meeting today. As a result, LINE will have tworepresentative directors: Takeshi Idezawa, the CEO and President, and JunghoShin, the Co-CEO and Chief WOW Officer.

Shin's new appointment as Co-CEO comes as the companymoves towards its next stage of development. Uncompromising in hisservice-driven mindset and the pursuit of "wow," Shin has been behind the creation of countlessservices--including the globally popular LINE messaging app--and has spearheadedthe company's growth internationally.

As a representative director, Shin will now focus onbolstering the competitiveness of LINE's services and promotinginnovation--assuming clear responsibility for creating groundbreaking servicesand the company's operations. CEO and President Takeshi Idezawa will focus onthe management side, as well as revenue, organizational structure, humanresources, and recruitment, to create the best possible environment for theLINE Group.

By having Idezawa and Shin commit to their respectiveareas of expertise under this new structure, the aim is to strengthen andenhance LINE's management structure, enable nimbler decision-making, anddeliver world-class services that will accelerate LINE's growth, both in Asiaand globally.

LINE began its "second growth phase"this year, moving into new business domains such as FinTech, AI, andblockchain. In February, the company appointed Shin as "Chief WOW Officer",committing more than ever to pursuing a service-driven mindset and"WOW"-inducing services. "Service-Driven" describes LINE's foundingphilosophy, which maintains that service competitiveness capable of eclipsingthe competition is essential for a business to grow. "WOW" is a word that sumsup the company's core value of delivering an unprecedented user experience, somethingthat is truly newsworthy.

For more information on Shin'sappointment as CWO in February: https://linecorp.com/en/pr/news/en/2019/2625

1. New representative director structure (as of April 1)

Takeshi Idezawa, CEO and President 

Jungho Shin, Co-CEO and Chief WOW Officer (currently CWO)

2. Representative director profile

Jungho Shin

Co-CEO and Chief WOW Officer of LINE Corporation

Born February 25, 1972

Professionalbackground

July 1999            Joined OZ Technology Inc.

April 2002          Joined Neowiz Games Corporation

June 2005           Joined 1noon Co. Ltd. (now NAVER Corporation)

July 2008           Appointed General Manager of Corporate PlanningDepartment at Naver Japan Corporation           (now LINE Corporation)

January 2012     Appointed Director of LINE Corporation

March 2013       AppointedRepresentative Director of LINE Plus Corporation (current)

April 2014         Appointed Director and Chief Global Officer (CGO) of LINECorporation

April 2018         Appointed Director and Chief Service Officer (CSO) ofLINE Corporation

February 2019   AppointedChief WOW Officer (CWO) of LINE Corporation (current)

About LINE Corporation

Basedin Japan, LINE Corporation (NYSE:LN/TSE:3938) is dedicated to the mission of"Closing the Distance," bringing together information, services and people. TheLINE messaging app launched in June 2011 and since then has grown into adiverse, global ecosystem that includes AI technology, Fintech and more.