News Network Corporation Public Company Limited announced that the Board of Directors' Meeting No. 6/2024, held on 17 April 2024, has resolved to approve Liberator Holding Company Limited "LIB Holding" (which is a subsidiary of the Company holds shares in the proportion of 100%) establishes a new subsidiary company, where LIB Holding will hold shares in the newly established company in the proportion of 100% of the registered capital. In this regard, the newly established company will have the status of an indirect subsidiary of the company.

The details are as follows: Name of subsidiary Liberator Digital Asset Company Limited. Shareholding structure 1. LIB Holding will hold 99,998 shares. 2. The remaining 2 shares of LIB Holding will be assigned to directors or executives of LIB Holding to hold on behalf of LIB Holding so that there are a total of three shareholders as required by law.

Board structure There will be up to four directors; 1. Mr. Baakbun Boonlert 2. Mr. Kritsada Pruitipat 3. Mr. Thanachai Santichaikul 4. Mr. Thiwat Chutiphat. Source of funds LIB Holding will borrow fund from News Network Corporation Public Company Limited "NEWS", the parent company.