HKBN Ltd. — Director's Dealing 2023

Apr 6, 2023

==> picture [173 x 58] intentionally omitted <==

Public Disclosure Form

6 April 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 relevant securities	Nature of dealings	Purchase / Sale	Total number of shares involved	Total amount paid / received	Highest (H) prices paid / received	Lowest (L) prices paid / received
J.P. Morgan Securities PLC	4 April 2023	Other types of securities (e.g. equityswaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Purchase	500	$2,884.5300	$5.7600	$5.7400
		Other types of securities (e.g. equity swaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Purchase	4,500	$25,958.7900	$5.7700	$5.7600
		Other types of securities (e.g. equity swaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Purchase	7,500	$43,264.9900	$5.7700	$5.7600

==> picture [71 x 43] intentionally omitted <==

Public Disclosure Form

		Other types of securities (e.g. equityswaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Purchase	18,000	$103,944.2000	$5.7700	$5.7600
		Other types of securities (e.g. equityswaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Purchase	20,000	$115,572.3500	$5.7700	$5.7700
		Other types of securities (e.g. equityswaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Sale	500	$2,880.4700	$5.7700	$5.6800
		Other types of securities (e.g. equityswaps)	Hedging of equity related products created as a result of wholly unsolicited client-driven orders	Sale	182,000	$1,040,811.2100	$5.7700	$5.6800

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..