HKBN Ltd. — Director's Dealing 2023

Jun 5, 2023

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Public Disclosure Form

5 June 2023

Possible Offer

Disclosure of dealings in the shares of HKBN Ltd.

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

Party	Date	Descriptionof relevantsecurities	Descriptionof products	Nature ofdealings	Number ofreferencesecurities towhich thederivativesrelate	Maturitydate /closing outdate	Referenceprice	Total amountpaid / received	Resultantbalance(includingthose of anyperson withwhom there isan agreementorunderstanding)
J.P. MorganSecurities PLC	2 June2023	Derivatives	Other types ofproducts	Issue of aderivative	48,500	5 June 2024	$5.0426	$244,566.1000	4,181,917
		Derivatives	Other types ofproducts	Issue of aderivative	43,000	5 June 2024	$5.0426	$216,831.8000	4,138,917
		Derivatives	Other types ofproducts	Closing out of aderivative contract	27,500	5 June 2024	$5.0295	$138,310.3700	4,166,417

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Public Disclosure Form

		Derivatives	Other types ofproducts	Closing out of aderivative contract	11,500	26 March2024	$5.0295	$57,838.8800	4,177,917

End

Note:

J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company. Dealings were made for its own account.

J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co..