To Our 12 Million Fellow Subnauts,

— Inevitable Management Change Pushed by Venture Abandonment–Regardless of Holding 90% of Earnout for Themselves

At the beginning, we sincerely thanks to your continued assist, ardour, and unwavering dedication to Subnautica. We want to present readability on the latest management adjustments at Unknown Worlds, a inventive studio below KRAFTON.

Background of Management Change

KRAFTON deeply values Subnautica’s distinctive creativity and immersive world-building. To offer followers with even higher gaming experiences, we acquired Unknown Worlds, totally dedicated to supporting Subnautica’s future success. We collaborated carefully with the studio’s management, who have been central to the creation of the unique Subnautica, to foster the optimum surroundings for a profitable Subnautica 2.

Particularly, along with the preliminary $500 million buy value, we allotted roughly 90% of the as much as $250 million earn-out compensation to the three former executives, with the expectation that they’d exhibit management and lively involvement within the growth of Subnautica 2.

Nonetheless, regrettably, the previous management deserted the duties entrusted to them. Subnautica 2 was initially deliberate for an Early Entry launch in early 2024, however the timeline has since been considerably delayed. KRAFTON made a number of requests to Charlie and Max to renew their roles as Recreation Director and Technical Director, respectively, however each declined to take action. Specifically, following the failure of Moonbreaker, KRAFTON requested Charlie to commit himself to the event of Subnautica 2. Nonetheless, as an alternative of taking part within the sport growth, he selected to concentrate on a private movie venture.

KRAFTON believes that the absence of core management has resulted in repeated confusion in route and vital delays within the total venture schedule. The present Early Entry model additionally falls brief when it comes to content material quantity. We’re deeply disenchanted by the previous management’s conduct, and above all, we really feel a profound sense of betrayal by their failure to honor the belief positioned in them by our followers.

KRAFTON’s Full Assist for the Devoted Improvement Workforce

To uphold our dedication to give you the very best gaming expertise, we made the troublesome but mandatory choice to vary the manager management. Subnautica 2 has been and continues to be actively developed by a devoted core group who share real ardour, accountability, and dedication to the sport. We deeply respect their experience and creativity and can proceed to offer full and unwavering assist, enabling them to focus solely on delivering the distinctive sport you deserve.

KRAFTON’s Dedication to its Guarantees in Rewarding Workers

Moreover, KRAFTON has dedicated to truthful and equitable compensation for all remaining Unknown Worlds workers who’ve constantly and tirelessly contributed to Subnautica 2’s growth. We imagine that the dedication and energy of this group are on the very coronary heart of Subnautica’s ongoing evolution, and we reaffirm our dedication to offer the rewards they have been promised.

Followers will all the time stay on the heart of each choice we make at KRAFTON. Transferring ahead, we promise clear communication and continued efforts to sustainably develop and develop the beloved Subnautica universe.

Honoring your belief and expectations is a core tenet at KRAFTON. We’re dedicated to repaying your endurance with an much more refined and distinctive gaming expertise.