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

Feb 10, 2026

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10 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	9 February 2026	Derivatives	Other types of	Unsolicited client	2,000	30 October	\$9.1100	\$18,220.0000	0
Stanley			products	facilitation -		2026
Capital				Purchase
Services LLC		Derivatives	Other types of	Unsolicited client	8,000	30 November	\$9.0875	\$72,700.2964	0
			products	facilitation -		2027
				Purchase

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Derivatives	Other types of	Unsolicited client	14,000	30 November	\$9.2053	\$128,874.1237	0
	products	facilitation -		2027
		Purchase
Derivatives	Other types of	Unsolicited client	142,000	30 November	\$9.1226	\$1,295,402.6396	0
	products	facilitation -		2027
		Purchase
Derivatives	Other types of	Unsolicited client	2,000	30 October	\$9.1100	\$18,220.0000	0
	products	facilitation - Sale		2026
Derivatives	Other types of	Unsolicited client	8,000	30 November	\$9.0875	\$72,700.2964	0
	products	facilitation - Sale		2027
Derivatives	Other types of	Unsolicited client	14,000	30 November	\$9.2053	\$128,874.1237	0
	products	facilitation - Sale		2027
Derivatives	Other types of	Unsolicited client	142,000	30 November	\$9.1226	\$1,295,402.6396	0
	products	facilitation - Sale		2027

End

Note:

Morgan Stanley Capital Services LLC is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.