HKBN Ltd. — Director's Dealing 2023

Mar 10, 2023

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Public Disclosure Form

10 March 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	9 March 2023	Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	15,500	$91,304.0800	$5.9400	$5.7600
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	215,500	$1,282,276.8000	$6.0800	$5.8600
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	500	$2,980.4400	$5.9700	$5.9700
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	20,000	$114,458.7900	$5.7500	$5.7200

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Public Disclosure Form

		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	19,000	$109,136.7800	$6.0800	$5.7300
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	10,000	$57,214.4000	$5.7300	$5.7300
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	124,000	$725,984.4400	$6.0100	$5.7200
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	38,500	$228,875.2700	$6.0000	$5.8900
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	10,500	$60,255.1300	$5.7300	$5.7300
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	91,000	$551,384.8600	$6.0800	$6.0600
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	6,000	$36,073.6700	$6.0800	$5.8600
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	21,000	$120,175.7200	$5.7500	$5.7200

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Public Disclosure Form

		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	1,000	$6,009.1100	$6.0000	$6.0000
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	203,500	$1,197,668.0700	$6.0200	$5.7200
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	1,000	$5,905.9100	$6.0200	$5.8100
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Sale	21,000	$120,175.7200	$5.7500	$5.7200
		Other types of securities (e.g. equityswaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	111,000	$668,652.8800	$6.0800	$5.8600
		Other types of securities (e.g. equity swaps)	Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders	Purchase	1,500	$8,740.4100	$5.8200	$5.8200

Note:

End

J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company.

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Public Disclosure Form

Dealings were made for its own account.

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