HKBN Ltd. — Director's Dealing 2023

May 11, 2023

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Public Disclosure Form

11 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 of	Nature of dealings	Purchase	Total	Total	Highest (H)	Lowest (L)
		relevant		/ Sale	number	amount paid	prices paid	prices paid
		securities			of shares	/ received	/ received	/ received
					involved
J.P. Morgan	10 May	Other types of	Hedging of Delta 1 products created as	Sale	1,000	$5,660.9500	$5.7400	$5.6600
Securities PLC	2023	securities (e.g.	a result of wholly unsolicited
		equityswaps)	client-driven orders
		Other types of	Hedging of Delta 1 products created as	Sale	10,500	$59,381.0100	$5.7400	$5.6600
		securities (e.g.	a result of wholly unsolicited
		equity swaps)	client-driven orders
		Other types of	Hedging of Delta 1 products created as	Purchase	2,000	$11,407.1000	$5.7400	$5.6500
		securities (e.g.	a result of wholly unsolicited
		equity swaps)	client-driven orders

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..