Bright Smart Securities & Commodities Group Limited — M&A Activity 2026

Feb 5, 2026

{0}------------------------------------------------

5 February 2026

Possible mandatory general offer

Disclosure of dealings in the shares of Bright Smart Securities & Commodities Group Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description of	Description of	Nature of dealings	Number of	Maturity date /	Reference	Total amount	Resultant
		relevant	products		reference	closing out	price	paid / received	balance
		securities			securities to	date			(including those
					which the				of any person
					derivatives				with whom there
					relate				is an agreement
									or
									understanding)
Morgan	4 February 2026	Derivatives	Other types of	Unsolicited client	2,000	12 October	\$8.7502	\$17,500.5000	0
Stanley &			products	facilitation - Sale		2026
Co.,		Derivatives	Other types of	Unsolicited client	6,000	30 October	\$8.5433	\$51,259.8000	0
International			products	facilitation - Sale		2026
plc		Derivatives	Other types of	Unsolicited client	10,000	12 January	\$8.5540	\$85,540.4600	0
			products	facilitation - Sale		2028
		Derivatives	Other types of	Unsolicited client	24,000	12 January	\$8.5967	\$206,320.6800	0
			products	facilitation - Sale		2028

{1}------------------------------------------------

	Derivatives	Other types of	Unsolicited client	154,000	30 November	\$8.5533	\$1,317,205.1215	0
		products	facilitation - Sale		2027

End

Note:

Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.