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

Mar 4, 2026

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

Public Disclosure Form

4 March 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 relevant securities	Description of products	Nature of dealings	Number of reference securities to which the derivatives relate	Maturity date / closing out date	Reference price	Total amount paid / received	Resultant balance (including those of any person with whom there is an agreement or understanding)
Morgan Stanley Capital Services LLC	3 March 2026	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	2,000	30 October 2026	$7.8200	$15,640.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	2,000	30 October 2026	$7.7800	$15,560.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	4,000	30 October 2026	$7.5150	$30,060.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	20,000	30 November 2027	$7.5518	$151,035.0500	0

---

SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	30,000	30 September 2027	$7.5332	$225,996.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	410,000	30 November 2027	$7.6653	$3,142,793.4180	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	2,000	30 October 2026	$7.8200	$15,640.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	2,000	30 October 2026	$7.7800	$15,560.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	4,000	30 October 2026	$7.5150	$30,060.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	20,000	30 November 2027	$7.5518	$151,035.0500	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	30,000	30 September 2027	$7.5332	$225,996.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	410,000	30 November 2027	$7.6653	$3,142,793.4180	0

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.