HKBN Ltd. — Director's Dealing 2023

May 31, 2023

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Public Disclosure Form

31 May 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	Maturity date/ closing outdate	Referenceprice	Total amountpaid /received	Resultantbalance(includingthose of anyperson withwhom there isan agreementorunderstanding)
J.P. MorganSecurities PLC	30 May2023	Derivatives	Other types ofproducts	Closing out of aderivative contract	500	26 March2024	$5.0576	$2,528.7800	4,092,917
		Derivatives	Other types ofproducts	Closing out of aderivative contract	2,500	5 June 2024	$5.0576	$12,643.8800	4,095,417

End

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Public Disclosure Form

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..