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)
Morgan Stanley Capital Services LLC	28 November 2024	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	13,500	31 July 2025	$4.5780	$61,803.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	13,500	31 July 2025	$4.5780	$61,803.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	17,360	2 July 2025	$4.5820	$79,542.9001	0

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SFC
證監會
Public Disclosure Form

	Derivatives	Other types of products	Unsolicited client facilitation - Sale	17,360	2 July 2025	$4.5820	$79,542.9001	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	28,500	31 July 2025	$4.5780	$130,473.0000	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	28,500	31 July 2025	$4.5780	$130,473.0000	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	203,500	30 September 2026	$4.5780	$931,622.8067	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	203,500	30 September 2026	$4.5780	$931,622.8067	0

End

Note:
Morgan Stanley Capital Services LLC is a Class (5) associate connected with the Offeree company.
Dealings were made for its own account.
Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.