HKBN Ltd. — Director's Dealing 2024

Nov 29, 2024

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

Public Disclosure Form

29 November 2024

Possible voluntary general 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	Description of products	Nature of dealings	Number of reference securities to which the derivatives relate	Maturity date / closing out date	Reference price	Total amount paid / received	Resultant balance (including those of any person with whom there is an agreement or understanding)
J.P. Morgan Securities PLC	28 November 2024	Derivatives	Other types of products	Closing out of a derivative contract	500	5 June 2025	$4.5832	$2,291.6000	19,803,061
		Derivatives	Other types of products	Closing out of a derivative contract	52,000	31 January 2025	$4.5891	$238,633.2000	19,855,061
		Derivatives	Other types of products	Closing out of a derivative contract	4,000	31 January 2025	$4.5891	$18,356.4000	19,859,061
		Derivatives	Other types of products	Closing out of a derivative contract	10,000	31 January 2025	$4.5891	$45,891.0000	19,869,061

---

SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Closing out of a derivative contract	1,500	31 January 2025	$4.5891	$6,883.6500	19,870,561
		Derivatives	Other types of products	Closing out of a derivative contract	35,500	31 January 2025	$4.5891	$162,913.0500	19,906,061
		Derivatives	Other types of products	Closing out of a derivative contract	113,500	31 January 2025	$4.5891	$520,862.8500	20,019,561
		Derivatives	Other types of products	Issue of a derivative	15,000	28 April 2026	$4.5657	$68,485.0700	20,034,561

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..