HKBN Ltd. — Director's Dealing 2023

May 30, 2023

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Public Disclosure Form

30 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	Description	Nature of dealings	Purchase /	Total	Total amount	Highest (H)	Lowest (L)
		of relevant		Sale	number	paid / received	prices paid	prices paid
		securities			of shares		/ received	/ received
					involved
J.P. Morgan	29 May	Ordinary	Redemption of pre-existing	Sale	191,252	$976,912.5000	$5.1200	$5.1200
Markets Limited	2023	shares	index-tracking ETFs as a result of
			unsolicited client requests

End

Note:

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

J.P. Morgan Markets Limited is ultimately owned by JPMorgan Chase & Co..