The Board of Directors Meeting of News Network Corporation Public Company Limited (the "Company") No. 3/2021 held on 26 March 2021, passed the resolution to establish the Liberator Company Limited ("Liberator"), which is an indirect subsidiary of the Company, to operate a securities business and derivatives business agents. Then, the Liberator was licensed by the Securities and Exchange Commission to change the name to "Liberator Securities Company Limited" and had registered the name with the Department of Business Development, Ministry of Commerce on 18 March 2022.

Currently, Liberator Securities Company Limited received a securities business license type Kor from the Ministry of Finance on 11 May 2022 and a derivatives business license type Sor-1 from the Securities and Exchange Commission on 18 May 2022. Liberator Securities Company Limited is proceeding with the final procedure of the Securities and Exchange Commission and other regulations in order to fully operated the business.