To Our 12 Million Fellow Subnauts,

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

Initially, we sincerely thanks in your continued help, 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 intently with the studio’s management, who had been central to the creation of the unique Subnautica, to foster the optimum setting for a profitable Subnautica 2.

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

Nevertheless, 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 Sport Director and Technical Director, respectively, however each declined to take action. Particularly, following the failure of Moonbreaker, KRAFTON requested Charlie to dedicate himself to the event of Subnautica 2. Nevertheless, as a substitute of collaborating within the sport improvement, he selected to give attention to a private movie challenge.

KRAFTON believes that the absence of core management has resulted in repeated confusion in route and vital delays within the total challenge schedule. The present Early Entry model additionally falls quick when it comes to content material quantity. We’re deeply upset 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 Group

To uphold our dedication to give you the very best gaming expertise, we made the troublesome but obligatory choice to alter the chief 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 help, enabling them to focus solely on delivering the distinctive sport you deserve.

KRAFTON’s Dedication to its Guarantees in Rewarding Staff

Moreover, KRAFTON has dedicated to honest and equitable compensation for all remaining Unknown Worlds workers who’ve constantly and tirelessly contributed to Subnautica 2’s improvement. 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 had been promised.

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