HKBN Ltd. — Board/Management Information 2023

Mar 2, 2023

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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HKBN Ltd. 香港寬頻有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1310)

APPOINTMENT OF ALTERNATE DIRECTOR

The board of (the “ Board ”) directors (the “ Directors ”) of HKBN Ltd. (the “ Company ”) announces that the Company has received a written notice from Ms. Shengping YU (“ Ms. Yu ”), a Non-executive Director of the Company, that she has appointed Mr. Hongfei YU (“ Mr. Yu ”) as her Alternate Director during her absence with effect from 1 March 2023 (the “ Appointment ”). The Appointment shall be ceased upon Ms. Yu’s return on 14 July 2023.

The biographical details of Mr. Yu are as follows:

Mr. Yu, aged 46, is a Partner and Head of Greater China at MBK Partners. Mr. Yu has over 20 years of experience in the private equity and investment banking industries. Prior to joining MBK Partners, Mr. Yu was a Vice President in the investment banking division of Morgan Stanley in Hong Kong. Mr. Yu received a Bachelor of Science degree in economics and a Master of Science degree in finance from University of International Business and Economics in Beijing. Mr. Yu currently serves on the board of directors of (i) CAR Inc., a company incorporated in the Cayman Islands, whose public bonds are listed on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and its stock code is 40636; (ii) Wendu Education Group; and (iii) Shanghai Siyanli Industrial Co., Ltd. Mr. Yu was a former non-executive director of CAR Inc., whose shares were listed on the Stock Exchange from September 2014 to July 2021 and its former stock code was 0699. Mr. Yu is licensed as a responsible officer of MBK Partners HK Limited to carry out Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities under the Securities and Futures Ordinance.

As at the date of this announcement, save as disclosed above, Mr. Yu (i) does not have any relationship with any other directors, senior management, substantial or controlling shareholders of the Company; (ii) is not interested or deemed to be interested in any shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; (iii) did not hold any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iv) does not hold any other position with the Company or any of its subsidiaries.

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Mr. Yu has signed a letter of appointment issued by the Company. Under the letter of appointment, Mr. Yu will not receive any emoluments from the Company for his service as an Alternate Director to Ms. Yu.

Save as disclosed above, there is no information which is required to be disclosed pursuant to any of the requirements of the provisions under Rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities on the Stock Exchange, and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to the Appointment.

The Board would like to express its warmest welcome to Mr. Yu on his appointment.

By order of the Board HKBN Ltd. Bradley Jay HORWITZ Chairman

Hong Kong, 2 March 2023

As at the date of this announcement, the Board comprises:

Executive Directors Independent Non-executive Directors Mr. Chu Kwong YEUNG Mr. Bradley Jay HORWITZ (Chairman) Mr. Ni Quiaque LAI Ms. Edith Manling NGAN, MH Mr. Stanley CHOW Non-executive Directors Mr. Yee Kwan Quinn LAW, SBS, JP Mr. Agus TANDIONO Ms. Shengping YU Alternate Director Mr. Zubin Jamshed IRANI Mr. Hongfei YU (alternate to Ms. Shengping YU)

Where the English and the Chinese texts conflict, the English text prevails.

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